Deals & People March 29, 2009
MassMutual Expands Sales Team
MassMutual has announced the addition of two sales managers for its defined contribution and Taft-Hartley business segments.
Reported by PLANADVISER Staff
George Sutherland has been appointed division sales manager, institutional sales, for the company’s Southeast region, reporting to Hugh O’Toole, senior vice president of distribution and client relationship management for MassMutual’s Retirement Services Division. Sutherland joined MassMutual from Wachovia Retirement Services and brings more than 25 years of retirement services experience to his new position including senior roles at MFS Investment Services and Putnam Investments.
He is based in the Asheville, North Carolina area. He replaces Stan Label who was previously named national sales manager for MassMutual’s subsidiary, The First Mercantile Trust Company.
Scott Buffington has been named national sales manager for MassMutual’s Taft-Hartley market segment, also reporting to Hugh O’Toole. According to the announcement, Buffington brings more than 16 years of experience in the retirement services business to his new role including 13 years as a leader within Putnam Investments’ Taft-Hartley defined contribution business where he was responsible for sales and intermediary relationship management for that market. He is based in Boston.
“MassMutual’s financial strength and stability have allowed us to attract two of the most talented sales management professionals in the industry,” says O’Toole. “We look forward to tapping into their deep retirement industry knowledge and utilizing their individual strengths to capitalize on the great momentum MassMutual is experiencing in the retirement services market.”