Prudential Financial Inc. has named Caroline Feeney to be the chief executive officer of its U.S. Insurance & Retirement Businesses unit, which is a new position.
Feeney previously was CEO of the Newark, New Jersey-based financial services company’s individual solutions unit.
In her new position, she will oversee group insurance, annuities, retirement products, and the retail advice and solutions organization as well as individual life.
Feeney also continues to lead the Prudential Women Empowered business resource group. As the head of that group, she focuses attention on women’s financial issues, diversity and professional development both inside and outside of Prudential.
Feeney has a bachelor’s degree from Bucknell University and a master’s degree in business from Columbia University. She holds the Chartered Life Underwriter and Chartered Financial Consultant professional designations.
She began working for Prudential in 1993 and rose up through field management positions to became vice president of the eastern territory for the agency distribution operation. She took over as president of agency distribution in 2012 and later was named president of individual life.
In other personnel moves news:
Health Care Service Corp., Chicago, has hired James Gibbs to be chief human resources officer and Arun Prasad to be chief strategy officer.
HCSC is the parent of Blue Cross and Blue Shield plans in Illinois, Montana, New Mexico, Oklahoma and Texas. It provides or administers health coverage for about 16 million people. It has 24,000 employees in about 60 offices.
Gibbs previously was executive vice president and chief people officer at Freeman Company, a Dallas-based events and brand experience company
Gibbs has a bachelor’s degree in political science from Hampton University and a law degree from The Ohio State University.
He has served in the U.S. Marine Corp. from 1983 to 1995 and left as a captain.
He started out in human resources as an HR associate at Ford Motor Company. He also has worked in human resources at General Electric Co., Dupont, Frito Lay North America, Ace Cash Express, McKesson and Neovia Logistics.
Prasad, HSC’s new chief strategy officer, previously was a managing director at Moelis & Company, where oversaw corporate finance transactions, including mergers and acquisitions, leveraged buyouts, recapitalizations, and other equity and debt transactions.
Prasad has a bachelor’s degree in finance and economics from Boston College.
Before going to work for Moelis, he worked in investment banking at UBS and Citigroup.
AmeriLife Group LLC, Clearwater, Florida, has hired Andrew Sheen to be senior vice president of business development and integration, which is a new position.
AmeriLife has been growing rapidly by making acquisitions.
Sheen has a bachelor’s degree from the University of Florida. From 2009 to 2012, he was the director of financial services at AmeriLife.
He left to become managing director for product development at Saybrus Partners, a life and annuity distributor, before returning to AmeriLife this year.
Boston Mutual Life Insurance Company, Canton, Massachusetts, has named Joshua Police to be vice president, market strategies, and Jennifer King was named director, strategic project management office.
Police previously was regional sales vice president, workplace solutions. He has a bachelor’s degree in history from Bowdoin College and an MBA from Northeastern University.
King previously was a corporate finance vice president at State Street Bank. She has a bachelor’s degree in business from the University of Massachusetts at Lowell
Transamerica, Baltimore, has added Kevin Shamblin, John Grosso and Paul Murphy to its mid-market retirement sales team.
Shamblin is the regional vice president for West Virginia and is based in Charleston, West Virginia. Previously he was a divisional vice president with Massachusetts Mutual Life Insurance Company.
He has a a bachelor’s degree in business from West Virginia State University. He holds the Certified Trust and Financial Advisor and Certified 401(k) Professional professional designations.
Grosso is the regional vice president for Delaware, Southern New Jersey and Eastern Pennsylvania and is based in Chalfont, Pennsylvania.
Grosso has also worked for MassMutual.
He has a bachelor’s degree in business from Bloomsburg University and a master’s degree in business from Rider University. He holds the Accredited Investment Fiduciary, Qualified 401(k) Administrator (QKA) and Certified 401(k) Professional (C(k)P) professional designations.
Murphy is the regional vice president for Washington, Alaska, and Northern Idaho and is based in Seattle.
Previously he was a major accounts retirement services district manager with ADP. He also has worked as a regional vice president with ING U.S.
Murphy has a bachelor’s degree from American University. He holds the Accredited Retirement Plan Consultant professional designation.
The Penn Mutual Life Insurance Company, Horsham, Pennsylvania, has named three managing partners for its career agency system offices.
Clinton Hall is now managing partner at Concord Wealth Management, a company agency near Boston.
Mike Pendergrass is now managing partner at Fuse Financial Group, a company agency in Oklahoma. He previously was a managing director. He has a bachelor’s degree from Oklahoma State University.
Aaron Peck is now managing partner at Penn Mutual Wealth Strategies, a company agency near Dallas. He previously was sales director for the North Texas Division at Mutual of Omaha Advisors. He has a bachelor’s degree from Ohio State. He holds the Chartered Financial Consultant, Chartered Advisor for Senior Living, Life Underwriter Training Council Fellow and Retirement Income Certified Professional professional designations.
Oscar, New York, has hired Alessa Quane to be executive vice president and chief insurance officer, and Sameer Amin to be senior vice president and chief medical officer.
Quane previously was an executive vice president and chief risk officer at American International Group Inc.
She has a bachelor’s degree from Drake University and holds the member of the American Academy of Actuaries professional designation.
Amin previously was regional chief medical officer at CareMore Health.
Amin has a medical degree from the University of California at Los Angeles. He did an internship in internal medicine at Brigham and Women’s Hospital, and he completed cardiology fellowships at Cedars Sinai Medical Center and a UCLA. He started out at DaVita Medical Group before moving over to CareMore in 2018.
The Tennessee Department of Commerce & Insurance has hired Alex Martin to be assistant commissioner for the regulatory boards division.
Previously he was deputy director of external affairs and director of appointments for Tennessee Gov. Bill Lee.
Martin has a bachelor’s degree from Tennessee Tech.
The Tennessee department also has hired Jim Tracy to be a senior advisor.
Tracy previously was state director for U.S. Department of Agriculture rural development in Tennessee
Tracy has a bachelor’s degree from the University of Tennessee at Martin.
He owned an insurance agency for about 20 years. He also has served as a state senator and as a member of the Bedford County Board of Education.
He is a former president of the Shelbyville-Bedford County Chamber of Commerce and a former chairman of the Tennessee Leadership Council of the National Federation of Independent Business.
— Read AIG Life & Retirement Expands Role of Todd Solash: Personnel Moves, on ThinkAdvisor.