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Deals & People April 2, 2012
J.P. Morgan Hires Head of Retirement Plan Products
J.P. Morgan Retirement Plan Services (RPS), the
retirement plan recordkeeping business of J.P. Morgan Asset Management, hired
Carol Waddell as managing director and head of product and marketing.
Reported by Rebecca Moore
Waddell will oversee the development of retirement products and investment solutions for all RPS client segments, and ensure alignment of marketing programs with other business channels across J.P. Morgan Asset Management. She will be based in New York and will report to David Musto, chief executive officer for retirement plan services.
Waddell joins the company from T. Rowe Price, where she worked for the last 17 years in various leadership roles providing oversight for defined contribution, defined benefit and non-qualified plan product development and marketing, including customer websites and tools, investment products and services for intermediaries, plan sponsors and participants.
“Carol is highly accomplished, and her expertise will greatly benefit our client base. She will be an asset as we continue developing innovative solutions to drive better participant retirement outcomes and advance the delivery of actionable insights to the adviser and plan sponsor community,” said Musto.