Mutual of America has picked Brian Severin to be president and chief operating officer.
Severin previously was the New York-based company's chief marketing officer.
John Greed, who has been the company's president, will continue to be its chairman and CEO.
Mutual of America focuses on serving 401(k) plans and 403(b) plans. It ended 2023 with $26 billion in assets.
Severin began working for Mutual of America as a sales specialist in 2000. He was one of the executives who helped the company shift to a remote-work strategy after COVID-19 hit. Later, he helped the company set up recordkeeping and administration systems.
He has a bachelor's degree from Loyola Marymount University, and he completed the Boeing Company management training program.
Two years ago, he told ThinkAdvisor that the financial markets and the idea that individuals could own a piece of a company had fascinated him since he was young.
Brian Severin. Credit: Mutual of America
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