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Deals and People November 14, 2013
Towers Watson Adds Pension Risk Transfer Expert
November 14, 2013 (PLANSPONSOR.com) – Towers Watson has hired Edward Root as a senior pension risk transfer expert.
Reported by Kevin McGuinness
Root will be based in the Stamford, Connecticut office, adding his perspective to the advising of plan sponsors on pension plan risk management strategies.
“We are very pleased to add someone with Ed’s knowledge and experience in pension risk transfers to our retirement team,” says Bill Gulliver, North America leader of retirement at Towers Watson. “He brings a successful track record as well as a deep understanding of the marketplace and the needs of plan sponsors and annuity providers. All of us look forward to his many contributions.”
Prior to Towers Watson, Root was vice president and head of U.S. pensions at MetLife, where he had general management responsibility for its multibillion-dollar pension risk transfer annuities business. Before that, he was a senior vice president and actuary at Transamerica. Root began his professional career as a pension actuary at Towers Perrin.
Root received a B.S. degree in mathematics from California State University at Sonoma and an M.B.A. in finance from the University of Southern California.
Towers Watson is a professional services company that helps organizations improve performance through effective people, risk and financial management.