The probationary employees and head of the Department of Labor’s Division of Employee Ownership, who were recently terminated, reportedly received notices that their positions will be reinstated.
Previouslyterminated probationary employeesat the Department of Labor’s Employee Benefits Security Administration received noticed of reinstatement as of today, March 10, according to Lisa Gomez, the most recent EBSA head and former assistant secretary of labor under President Joe Biden.
Gomez said the reinstatement includes the head of the Division of Employee Ownership, Hillary Abel, who had been terminated as part of President Donald Trump’s efforts to drastically downsize the federal government.
Ali Khawar, the former deputy assistant secretary of labor for EBSA, also confirmed that he has heard from at least four probationary employees that they received notices of reinstatement,
Similar news has come out in other areas of the federal government. A federal civil service board ruled Wednesday that the firings of more than 5,000 probationary employees in the Department of Agriculture may have been unlawful, and the workers should be reinstated for at least the next 45 days. The Merit Systems Protection Board issued this ruling at the request of the Office of Special Counsel.
It is unknown how many probationary employees at EBSA were terminated and received notices of reinstatement. Gomez said she has not heard of any limitations or conditions put on the probationary employees’ reinstatement.
The Department of Labor did not respond to a request for comment.
All federal agencies are still required to submit their reduction-in-force plans to the Office of Personnel Management by March 13, according to reports. This could include eliminating organizations and certain positions.
The federal government is also set to shut down this weekend unless Congress reaches a funding agreement before the current short-term federal spending measure expires on March 14.
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Voya’s Workplace Solutions business provides workplace benefits and savings products, technologies and solutions through the firm’s Wealth Solutions and Health Solutions businesses. In 2025, the firm named Jay Kaduson CEO of Workplace Solutions.
“Voya has continued to evolve its operating model to advance our workplace and institutional client- strategy and growth plans, ensuring a customer-centric focus on workplace benefits and savings solutions,” said Kaduson, in a statement. “At the core of this evolution has been a focus on our broader workplace strategy to deliver a more connected experience for our customers, and drive continued profitable growth in each of our businesses.”
This year, the firm made additional changes made to help provide the agility needed to drive profitable growth, improve efficiency, and foster innovation. As a result, Voya’s Workplace Solutions’ leadership team, all reporting to Kaduson, now includes:
Amy Vaillancourt, president of Wealth Solutions, continues in her role leading Voya’s Wealth Solutions business—including product and distribution.
Andrew Stocker, recently hired as president, Health Solutions, effective immediately. Joining after a 25-year tenure at MetLife, Stocker brings a background in insurance with a proven track record of effective profit and loss management and strategic development.
John Bretthas been hired to lead Retail Wealth Management. Brett joins Voya after holding leadership roles at MetLife and BNY Mellon | Pershing. He will work with Vaillancourt to drive complementary opportunities across Voya’s Retail and Wealth businesses, the firm said.
Juneen Kirkhas been hired as senior vice president, Customer Experience, Marketing & Commercial Expansion for Workplace. She joins with including nearly 15 years at PwC leading, consulting, and advising insurance clients in marketing, partnerships and creating “customer-first” experiences.
Endeavor Retirement Adds Christine Masoni
Christine Masoni
Endeavor Retirement has named Christine Masoni as the company’s new head of adviser success. This strategic hire reflects the company’s ongoing growth and commitment to providing exceptional support and services for advisers, the firm said of the addition.
Masoni brings experience in the financial services industry. In the new role, she will focus on building strong relationships with advisers, providing support and implementing strategies to ensure their success with their plan sponsor clients, and helping them to build participant relationships.
“We are thrilled to welcome Christine to the Endeavor Retirement family,” said Bonnie Treichel, founder and chief solutions officer of Endeavor Retirement, in a statement. “Her expertise and leadership will be invaluable as we continue to grow and support advisers in delivering top-notch services to plan sponsors and participants.”
Sarah Mouser Joins Verdence Capital Advisors
Sarah Mouser
Verdence Capital Advisors has named Sarah Mouser its new managing director of financial planning.
Mouser will play an important role in shaping the firm’s comprehensive financial planning services, according to the independent private wealth advisory firm.
She brings more than two decades of experience in wealth management, specializing in strategic financial planning, tax strategies, education planning, estate and legacy planning, elder care and much more, according to the firm.
“Our team is thrilled to welcome Sarah,” said Leo Kelly, founder and CEO of Verdence Capital Advisors. “Her experience and leadership will no doubt further strengthen our ability to provide sophisticated, bespoke financial planning strategies that help our clients approach all of life’s phases and complexities.”
In her new role Mouser will oversee the firm’s financial planning division, working closely with colleagues and clients to create customized strategies.
Lazard Appoints Peter Harrison to Board
Lazard, Inc. has named Peter Harrison’s to its Board of Directors, effective immediately.
Harrison has more than 35 years of experience in investment management, most recently serving as Group CEO of Schroders plc, a global investment manager and FTSE 100 company, from 2016 until his retirement in 2024.
“We are excited to welcome Peter to our Board of Directors, where his experience is particularly valuable as we further strengthen our asset management business,” said Peter R. Orszag, CEO and Chairman of the Board, in a statement.
“Lazard is a renowned firm that is clearly at an inflection point as it continues to evolve to meet client needs,” said Harrison, in a statement. “I look forward to contributing to this evolution and helping to realize the vision for Lazard’s future.”
