This week in personnel announcements and new hires, Mercer hired several executives; AIG named a new chief investment officer; ICI named Marty Burns chief industry operations officer; Merrill Lynch announced several hires; a team left Merrill for Snowden Lane; Nikko Asset Management promoted Fred DeSerio; and Stephen Weiss joined LGIMA.

Also, Kent Weaver returned to Glenmede; J. Keith Morgan joined TIAA-CREF; Lou Maiuri moved up at State Street; and Vestmark welcomed Vincent Pellegrini.

Mercer Welcomes Execs

Consulting firm Mercer has announced the addition of Chad Hueffmeier as senior financial strategy consultant; Gina Hughes as project manager and annuity placement specialist for PRT opportunities and defined benefit plan terminations; Melissa Latore-Moore as an annuity placement specialist; and Grace McAdam as a client advisor on matters related to investment performance and risk, policy and governance of institutional assets.

Hueffmeier is based in the Chicago office and joined after working in pension risk management groups at Morgan Stanley Investment Management, Towers Watson, and Buck Consultants. With more than 20 years of experience, Hughes is based in New York City and joined from Dietrich & Associates. Latore-Moore, also based in New York City, brings more than 10 years of experience and joined from AIG. McAdam is based in Toronto and joined from Aon Hewitt.

AIG Names Dachille CIO

American International Group (AIG) named Douglas Dachille as executive VP and chief investment officer, following the acquisition of First Principles Capital Management, where Dachille served previously as CEO. That transaction is expected to close in the third quarter of 2015, AIG announced. As CIO, Dachille will succeed AIG’s William Dooley, excutive VP, investments, who is retiring.

Prior to leading First Principles for 11 years, Dachille was president of Zurich Capital Markets.

ICI Names Marty Burns Chief Industry Operations Officer

Martin “Marty” Burns has been named chief industry operations officer at ICI, promoted from his position as Senior Director of Operations and Distribution and acting Chief Industry Operations Officer at the Institute.  In his new role, Burns will report directly to ICI President and CEO Paul Schott Stevens.

Merrill Lynch Announces Hires

Merrill Lynch announced that its private banking and investment group hired Peter Kong and John Shaw in San Francisco, Jim Ertmann and Ben Foster in Chicago and Will Leven and his wealth management team in Houston, Texas. In addition, David Munoz joined as a financial advisor in White Plains, New York.

Kong and Shaw, formerly at Barclays Wealth Management, report to Tracy Murphy, regional managing director, private banking and investment group, Pacific Northwest. Ertmann and Foster also came from Barclays, and report to Brett Thelander, PBIG mid-America regional managing director. Leven’s team joined from UBS Private Wealth Management, and reports to Bob Johnson, regional managing director; the team includes Alora Anderson and Anthony Hoff, analysts, and Ashlee Kegler, client associate. Munoz was also most recently at UBS, beginning his career at Sanford C. Bernstein & Co.; he reports to Matt Grossman, managing director for the Merrill Lynch White Plains-Greenwich market.

Snowden Lane Adds Merrill Team

Snowden Lane Partners has announced that Alex Bryer and Keith Mayo have joined as partners and managing directors, along with their team of Ryan Perraut, private wealth advisor, and Heather Talesnick, registered client relationship manager.

They joined from Merrill Lynch and will work out of the Bethesda, Maryland, office.

Nikko Asset Management Advances DeSerio

Nikko Asset Management has announced that Fred DeSerio has been named senior managing director, head of sales and co-head of the business for the Americas.

DeSerio, based in New York, joined in January as head of sales in the U.S. Earlier he was a managing director at Invesco; before that he worked for firms including Segal Advisors, American International Group and Smith Barney.

LGIMA Adds Weiss

Legal & General Investment Management America Inc. (LGIMA) has announced that Stephen Weiss has joined as a senior investment director for the firm’s northeast corporate defined benefit plans, defined contribution plans, and consultants. He reports directly to Thomas Meyers, head of North American distribution.

With more than 25 years of experience, Weiss most recently served as principal and senior client portfolio manager at Income Research + Management. He began his financial services career at Fidelity Management and Research Co. Weaver Rejoins Glenmede

Glenmede has announced that Kent Weaver has returned to the firm and has been appointed director of client service for Glenmede Investment Management, a wholly owned subsidiary.

Weaver returns after 13 years as a partner at Philadelphia International Advisors LP. During his previous tenure at the firm, he was director of institutional client service. Earlier in his career, he was a senior vice president at Cutler & Company, LLC.

Morgan Joins TIAA-CREF

TIAA-CREF has announced that J. Keith Morgan has joined as executive vice president and chief legal officer. He will also be a member of the executive management team and will report to Roger Ferguson Jr., president and CEO.

Most recently at Morris Lane Capital LLC, where he was founder and CEO, Morgan spent nearly 20 years at GE, where his last position was general counsel and senior vice president of GE Capital Corp. Prior to that, he served as the managing partner of Gibson, Dunn & Crutcher’s London, Paris and Saudi Arabia offices. Earlier in his career, he served in the U.S. Navy Judge Advocate General’s Corps.

State Street Names Maiuri to Lead Global Exchanges

State Street Corporation has announced that Lou Maiuri, SVP, has been named to head its global exchange business. He will report directly to Mike Rogers, president and chief operating officer of State Street. Paul Fleming, SVP, will assume Maiuri’s former role in the securities finance group and will report to Karen Keenan, executive VP.

Prior to joining in October 2013, Maiuri held various roles at BNY Mellon. Earlier in his career, he served at Eagle Investment Systems LLC and at Fidelity Investments. Nearly 20 years ago he served as a VP in technology at State Street.

Vestmark Adds Pellegrini

Vestmark has announced that Vincent Pellegrini has joined as SVP of client experience.

Pellegrini brings over 20 years of wealth management experience in senior leadership roles across technology, marketing and product management, most recently as principal of Advanced Objects Inc.

— Read the July 23 New Hire Roundup on ThinkAdvisor.