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Prudential Names Stable Value and Structured Settlements Heads: Personnel Moves

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Prudential Retirement, part of Prudential Financial Inc., has named Lacey Lockwood to be head of its stable value team.

Lockwood previously was head of the Newark, New Jersey-based company’s structured settlements unit.

(Related: News Kathleen Birrane Takes Over as Maryland Commissioner: Personnel Matters)

She has a bachelor’s degree from Muhlenberg College and a master’s degree in business from Seton Hall University.

Prudential has also named Alex Hyten to be head of structured settlements.

Hyten previously led Prudential Retirement’s investment and pension solutions sales team.

She has a bachelor’s degree from the University of Iowa. She is a fellow of the Society of Actuaries.

In other personnel moves news:

AmeriLife Group LLC, Clearwater, Florida, has named Nick Hildenbrand to succeed Mark Graham as principal of AmeriLife Marketing Group.

Hildenbrand has been an executive at the group since 2015.

Earlier in his career, he started AmeriLife Direct and Brokers Interstate Group.

AmeriLife has also promoted Doug Stovall to vice principal at AmeriLife Marketing Group.

Stovall is also a partner at Dorado Boats.

Equisoft, Philadelphia, has hired David Nicolai to be vice president of its Insurance Solutions USA team.

Nicolai previously was an executive at Fineos, an insurance technology company. He’s also worked for InsPro Technologies.

Nicolai has a bachelor’s degree in international business from King’s College and a master’s degree in business from the University of Connecticut.

CNO Financial Group Inc., Carmel, Indiana, has named Karen DeToro to succeed Tim Bischof as its chief risk officer.

DeToro has been CNO’s chief actuary since September, and she will continue to be the chief actuary.

DeToro previously worked for New York Life. She has also been a consultant at Deloitte Consulting.

DeToro has a bachelor’s degree in English and math from Butler University, and a master’s degree in business from Northwestern University.

She is a fellow of the Society of Actuaries, and she served on the SOA board from 2017 through 2018. She’s now on the SOA’s nominating committee.

OneAmerica Financial Partners Inc., Indianapolis, has hired Tim Bischof to be senior vice president and chief actuary.

Bischof previously was chief risk officer at CNO.

He also has worked for Indianapolis Life Insurance Co. and Cigna Corp.

He has a bachelor’s degree from Rockhurst University and a master’s degree in statistics from the University of Iowa.

David Brentlinger, OneAmerica’s chief risk officer, has been acting as the chief actuary. He will give up the chief actuary role but continue to be the chief risk officer, CNO says.

Lockton Companies, Kansas City, Missouri, has named Ken Pierce to be chief executive officer of its Lockton Capital Markets unit.

The unit helps insurers and other companies with efforts to get and manage capital.

Pierce previously was the CEO of Vanpoint Advisors, a company originated and structured asset portfolio financing transactions for alternative asset managers.

The assets of Vanpoint will be merged into Lockton Capital Markets, Lockton says.

Pierce has also co-founded of Vanbridge, and he has been a partner at Mayer Brown, the head of the Morgan Stanley reinsurance practice, and a senior vice president at Lehman Brothers.

He has a bachelor’s degree in English and economics from Brown University, and a law degree from Harvard.

Wellvana Health Nashville, Tennessee, has hired Dr. Worthe Holt Jr, a family physician, to succeed Devin Carty as its chief executive officer.

Carty will become the company’s chairman.

Wellvana creates and runs integrated health care provider teams.

Holt previously was deputy chief medical officer at Humana Inc. He also has been executive vice president and chief operating officer at St. Vincent Health System, a multi-hospital system in Indiana.

Holt is a retired Air Force major general. He has been a fighter pilot and has flown on F-16 and F-4 fighters. He also has served as special assistant to the commander and deputy chief of staff of the United States Africa Command.

— Read New York State Department of Financial Services Hires a Chief Counsel: Personnel Matterson ThinkAdvisor.

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