Prudential Financial Inc. has hired Sara Bonesteel to run “efforts to identify new opportunities for structured asset management” at its fixed income management business.
Bonesteel will be in charge of developing “financing strategies and relationships for its many businesses, including its hedge strategy, collateralized debt obligations and insurance businesses,” according Prudential, Newark, N.J.
Bonesteel previously was a senior managing director at the financial analytics and structured transactions unit at Bear Stearns & Company Inc., New York.
She has a bachelor’s degree in English from Georgetown University and a master’s degree in business from Columbia University.
In other personnel news:
- Hartford Life, Simsbury, Conn., a unit of Hartford Financial Services Group Inc., Hartford, has hired Stephan Schinnenburg to be general manager of its German branch.
The branch hopes to begin selling variable annuities in Germany in early 2009.
Schinnenburg previously was head of sales and marketing for IDEAL Lebensversicherung, Berlin, a company that sells insurance products to people older than 50.
- Conseco Inc., Carmel, Ind., has hired Grace Cowan to be senior vice president of operations.
Cowan previously was a senior vice president at the consulting arm of Aon Corp., Chicago, and national director of Aon Consulting’s life, disability and elective benefits practice.
Cowan has a bachelor’s degree in business from Northern Illinois University and a law degree from the University of Iowa.
- UnitedHealth Group Inc., Minnetonka, Minn., has hired James Campbell to be a special advisor to the company’s charitable giving initiatives and chairman of the United Health Foundation.
Campbell previously was chairman of Wells Fargo Minnesota, Minneapolis, a unit of Wells Fargo & Company, San Francisco.
Campbell has been the interim dean of the Carlson School of Management at the University of Minnesota and chairman of the Itasca Project, Minneapolis, an early childhood development effort.
- New York Life Insurance Company, New York, has promoted Katherine O’Brien to first vice president and chief diversity officer; Dorothea Rodd to first vice president in the human resources department; and Gayle Yeomans to first vice president in the governmental affairs office.
- CIGNA HealthCare, a unit of CIGNA Corp., Philadelphia, has hired David Stacey to be senior vice president for national accounts.
Stacey previously was a principal in the Chicago health management practice of Hewitt Associates L.L.C., Lincolnshire, Ill.
Stacey has a bachelor’s degree in business from the University of Iowa and a master’s degree in business from the University of Houston.
- Great-West Retirement Services, Greenwood Village, Colo., a unit of the Power Corp. of Canada, Montreal, has hired Daniel Schatz to be regional director of national accounts.
Schatz, who is based in Chicago, previously worked for the institutional trust services unit of Wells Fargo.
Schatz has a bachelor’s degree in economics from Colorado State University.
- The American College, Bryn Mawr, Pa., has hired Philip Cubeta to be the holder of the Sallie B. and William B. Wallace Endowed Chair in Philanthropy.
Cubeta previously was the chief of staff for the Nautilus Group, Dallas, an advanced planning support arm of New York Life.
Cubeta has a bachelor’s degree. in English from Williams College, a master’s degree in philosophy, psychology and literature from Oxford University, and a master’s degree in literature from Yale University. He also has a master’s degree in financial services from the American College.
Cubeta holds the Chartered Life Underwriter, Chartered Financial Consultant and Chartered Advisor in Philanthropy professional designations.