This week in new hires, the Consumer Financial Protection Bureau named Steve Antonakes deputy director; Chad Parks has joined Beacon Research as director of sales; Justin Frys became a branch manager for Zeigler’s Minnetonka, Minn., office; and Principal Financial Group Chairman and CEO Larry Zimpleman won the 2013 Lillywhite Award.
Also, the Hedge Fund Association has formed a new academic advisory board and Jennifer Pryce is to become president and CEO of the Calvert Foundation.
CFPB Names Antonakes Deputy Director
The Consumer Financial Protection Bureau (CFPB) announced Wednesday that Steve Antonakes has been officially named deputy director of the agency. Antonakes, who had been acting deputy director, will keep his duties as the associate director for supervision, enforcement and fair lending at the CFPB.
CFPB Director Richard Cordray said in a statement that Antonakes “has adeptly led — and will continue to lead — our supervision, enforcement and fair lending teams. Steve’s experience, his knowledge and his judgment are vital in helping us achieve our mission of fostering a thriving, sustainable marketplace for both consumers and responsible businesses.”
Antonakes’ background includes more than two decades as a financial services regulator. He first joined the CFPB in November 2010 as the assistant director for large bank supervision and was named the associate director for supervision, enforcement and fair lending in June 2012.
Antonakes began his professional career as an entry-level bank examiner with the Commonwealth of Massachusetts Division of Banks in 1990. He served in numerous managerial capacities, including as state banks commissioner from December 2003 to November 2010, becoming only the second career bank examiner to serve in that capacity.
Antonakes received his B.A. from Penn State University, his M.B.A. from Salem State University, and his Ph.D. in law and public Policy from Northeastern University.
Chad Parks Joins Beacon Research as Director of Sales
Beacon Research has announced that Chad Parks has joined the company as director of sales. He will report directly to Jeremy Alexander, president and CEO.
Parks previously served as regional vice president at Allianz USA, AXA Equitable and Sun Life. He also headed Davis & Parks Technologies, a software technology company serving the investment community.
Ziegler Hires Justin Frys as Branch Manager in Minnetonka
Ziegler has hired Justin Frys as a senior vice president and branch manager of the firm’s office in Minnetonka, Minn.
Frys has more than 15 years of advisory experience, having worked extensively in the areas of asset management, retirement preparation, investment planning, and insurance planning.
Principal Financial Group Chairman and CEO Wins 2013 Lillywhite Award
Larry Zimpleman, chairman, president and CEO of Principal Financial Group, has been named the winner of the 2013 Lillywhite Award. The Employee Benefit Research Institute (EBRI) sponsors the award, which recognizes outstanding lifetime contributions to Americans’ economic security. Dallas Salisbury, president and CEO of EBRI, will present the award to Zimpleman on Oct. 29 at the Pensions & Investments West Coast Defined Contribution Conference in San Francisco.