ProManage Names New Head of Sales and Marketing

ProManage, LLC, a managed account service provider, has appointed Stephen Foster as head of sales and marketing for the firm.

Foster will be responsible for driving strategic new business efforts, according to a ProManage announcement. Foster replaces Luke Collins, who is leaving the company for a position in the mutual fund industry.

Foster, who joined ProManage’s sales force in September 2006, has extensive experience in both retail and institutional retirement account acquisition, the company said. Prior to joining ProManage, he worked for MetLife for seventeen years, and was the national marketing director for its defined contribution business in the health care and government sectors during his last seven years there.

“Steve’s expertise and leadership are tremendous advantages for us as we go to market with our current platform and new products we have in the pipeline,” said Carl Londe, CEO of ProManage, in the announcement.