Millennium Trust Welcomes Karyn DeFalco as Chief Human Resources Officer
DeFalco will build out client-centered tech and product talent and lead transformation of Millennium Trust to a post-pandemic workplace
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OAK BROOK, Ill., May 19, 2021 /PRNewswire/ Millennium Trust Company, LLC ( Millennium Trust or the Company ), a leading provider of retirement and institutional services, announced the appointment of Karyn DeFalco to the position of Chief Human Resources Officer (CHRO). DeFalco s appointment follows John Samaan s decision to step down as CHRO to pursue another opportunity. She and Samaan have partnered during her initial onboarding to ensure a smooth transition.
Millennium Trust Company Hires Sirisha Gorjala as Chief Product Officer
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Millennium Trust Company Hires Sirisha Gorjala as Chief Product Officer
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Voya Adds Emergency Savings Solution to Financial Wellness Support Offerings
The platform is said to provide out-of-plan emergency savings support alongside the retirement plan and other workplace savings accounts.
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Voya Financial Inc. is partnering with Millennium Trust Co. LLC to offer emergency savings fund solutions for workplace clients’ employees.
“While the need for emergency savings has been growing over the years, the COVID-19 crisis has placed a spotlight on the immediate actions that many individuals are seeking to take today, as more than half (53%) of Americans say they are more likely to save for possible emergencies in 2021 compared to 2020,” says Charlie Nelson, CEO, retirement and employee benefits at Voya Financial, in a release by the company. “As the need for broader savings solutions is becoming more inextricably linked to positive retirement outcomes, providing emergency savings options both in and outside of retirement plans are just a fe
RITA Thanks President Tom Anderson for 10 Years of Service, Welcomes President Richard Immesberger and New Board Members
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SARASOTA, Fla., Jan. 20, 2021 /PRNewswire/ The Retirement Industry Trust Association (RITA) announced this year that their President, Tom Anderson, would be retiring after over a decade of service. Member elections confirmed Richard Immesberger as the succeeding President and added three new members to RITA s Board of Directors.
Mr. Anderson brought more than 50 years of experience in banking to RITA and was the Founder and former President and CEO of PENSCO Trust Company. In his time as President, he oversaw the strengthening of RITA s relationships and advocacy with regulators and enforcement agencies, the creation of RITA s IRA Advanced Institute classes, boosted fraud awareness and prevention efforts, and much more.