Nationwide Names New Retirement Plan Leader

Nationwide Chief Executive Steve Rasmussen announced that the leaders for the company’s retirement plans business and its property and casualty direct channel will switch roles.

Larry Hilsheimer will lead Nationwide Retirement Plans, and Anne Arvia will lead Nationwide Direct, Affinity and Growth Solutions. Hilsheimer has been named president and chief operating officer of Nationwide Retirement Plans, and he will retain oversight of Nationwide Bank.   

“My philosophy is that fresh leadership perspective and successful ideas from one area of the company will lead to benefits in another,” Rasmussen said.  

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Hilsheimer joined Nationwide as executive vice president and chief financial officer in 2007, coming from Deloitte & Touche USA LLP, where he served as partner, vice chairman and regional managing partner. He has experience on the boards of several community organizations, including Nationwide Children’s Hospital, Battelle for Kids, the Columbus Downtown Development Corporation and The Ohio State University Alumni Association.   

The changes are effective immediately. Hilsheimer will report to Kirt Walker, president and chief operating officer of Nationwide Financial Services.

 

MassMutual Adds Three Relationship Managers

Eunice Cabrera was promoted, while John Andresen and Michael Gopen were hired in the firm’s retirement services division.

Cabrera, who has been with MassMutual since 2003, has been promoted to senior relationship manager, serving the mid-market segment in the south central region. She was most recently a retirement education specialist responsible for the Florida, Georgia and Puerto Rico territories. A graduate of Boston University with a BS in business administration, Cabrera holds FINRA Series 6 and 63 licenses and is bilingual. She reports to Brian Barrett, an assistant vice president in the retirement services division.

Andresen, now a director-level relationship manager based in Northern California, is responsible for managing large-market customers. He comes to MassMutual from Smith Hayes, where he was an investment consultant and registered investment adviser. Before that, Andresen spent 10 years in benefits consulting and relationship management with Milliman. He holds a BA in psychology from the University of Nebraska, FINRA Series 7 and 63 licenses and the designations of Certified Pension Consultant (CPC), Certified Employee Benefits Specialist (CEBS) and Certified Retirement Services Professional (CRSP). Andresen reports to Tom Cremona, a vice president in MassMutual’s retirement services division.

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Gropen is now a senior relationship manager with the company, responsible for mid-market customers in metro New York and New Jersey, based out of Port Jefferson Station, New York. Before joining MassMutual, Gropen was a client relationship manager with Gallagher Retirement Services for seven years. He graduated from Penn State University with a BS in communication disorders. He holds New York State Life Insurance and FINRA 7, 6 and 63 licenses, as well as an Accredited Investment Fiduciary (AIF) designation. He reports to M. Palmer Whitney, an assistant vice president in the division.

“These qualified new senior relationship managers are seasoned retirement services professionals and bring a wealth of experience to our client management team,” said Una Morabito, vice president of client management for the retirement services division. “As the division continues to grow, their expertise and excellent reputations throughout the industry will help MassMutual further strengthen its relationships with retirement plan advisers and sponsors across the country.”

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