MassMutual's Retirement Services Division has hired Jeffrey Keller as the new managing director in the southeast region, and will add three new sales support roles in the New York, New England, and Michigan territories.
MassMutual also plans to grow its sales team by several more later this year.
Keller is responsible for business in Georgia, Florida, Alabama, and Puerto Rico. He joined MassMutual from New York Life, where he spent 13 years in a variety of key sales and marketing leadership roles. Keller most recently served as managing director and head of New York Life's defined contribution investment only business.
According to Hugh O'Toole, senior vice president and head of sales and client management for MassMutual's Retirement Services Division, MassMutual is seeing robust growth across all markets and all plan sizes and is fine-tuning its distribution strategy to ensure retirement plan advisors and plan sponsors are fully supported. "Jeff Keller is a great example of the level of talent and expertise for which MassMutual is recognized," he said.
In related news, the company has elected Cristobal I. Conde and H. Todd Stitzer to its Board of Directors.
Roger W. Crandall, chairman, president and chief executive officer of MassMutual, said in a press release, "We are pleased to welcome both Cris Conde and Todd Stitzer to our Board of Directors. They each bring a broad and diverse range of experience and expertise, and are both proven, results-oriented leaders in their respective industries. I am confident that both Cris and Todd will make powerful contributions to our core purpose of delivering long-term financial security and value to our policyholders."
Conde is president and CEO of SunGard Data Systems Inc., one of the world's leading software and technology services companies. Prior to joining SunGard, Conde co-founded Devon Systems International, Inc., which was acquired by SunGard in 1987. At the time, Devon focused on providing systems for the interest rate and currency derivatives markets. Conde holds a B.S. in astronomy and physics from Yale University.
Stitzer served as CEO of Cadbury PLC, one of the world's largest confectionery companies and producers of chocolate, candy, and gum, from 2003 to 2010. He retired from Cadbury in 2010 after the company was acquired by Kraft Foods. Prior to becoming CEO at Cadbury, he had served in a number of roles at the company for more than 25 years, including deputy CEO from 2002 to 2003, chief strategy officer from 2000 to 2002, and president and CEO of Dr. Pepper/Seven Up Inc., from 1997 to 2000. He had been an executive director of the company since March 2000.
Stitzer first joined Cadbury Schweppes North America in 1983 as an assistant general counsel, and advanced into a number of senior legal positions with increasing responsibility at the company, including vice president, general counsel and secretary at Cadbury Beverages. Stitzer also serves on the Board of Diageo PLC, the Advisory Committee of Virgin Group Holdings LLC, and the Advisory Board of Hamlin Capital Management LLC. He holds a J.D. from Columbia University Law School and a B.A. from Harvard College.
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