Newport Group Appoints Regional Directors

The Newport Group appointed Monica Elvira and William Callaway as regional directors.

Elvira and Callaway will develop business relationships and identify market opportunities to promote the sale of Newport’s retirement plan administration services to third-party intermediaries. Both will report to Dennis Sain, Newport’s senior vice president, retirement services.

Prior to joining Newport, Elvira spent nearly a decade in sales with J.P. Morgan, where she was responsible for marketing bundled recordkeeping retirement solutions and cultivating new business partnerships. Previously, she held positions with such organizations as Deutsche Bank and Merrill Lynch.

Elvira earned her bachelor’s degree in policy studies and Spanish from Dickinson College in Pennsylvania. She also holds an honors certificate in Spanish business from the Universidad Complutense de Madrid, and holds FINRA Series 6 and 63 registrations as well as her Accredited Investment Fiduciary (AIF) designation.

Callaway was most recently with Mercer, where he was principal and market leader for mid-market sales. He was responsible for marketing bundled outsourcing services to mid-market defined contribution plan sponsors. He previously held positions with such organizations as Wachovia Bank and SunTrust Bank.

Callaway attended Auburn University and Shorter University in Rome, Georgia, earning his bachelor’s degree in accounting from Shorter. He also holds FINRA Series 7 and 63 registrations.