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Newport Appoints Two New Regional Directors

ORLANDO, Fla. (Business Wire EON/PRWEB ) November 4, 2008 -- The Newport Group announced that it has appointed Kris Krikorian and David Semmler as Regional Directors, reporting to Newports Chief Marketing Officer Tom Pittman. As Regional Directors, both Mr. Krikorian and Mr. Semmler will develop business relationships and identify market opportunities to promote the sale of Newports retirement plan administration and investment services to third-party intermediaries.

As a full service provider of retirement and benefit plans, Newport is fully committed to the qualified retirement plan marketplace, Pittman said. Experienced professionals such as Kris and David will help us to continue expanding our reach in key regions of the country.

News Image Mr. Krikorian will cover the Southwest and will be based in Los Angeles. Prior to joining Newport, he was Associate Vice President of a leading retirement services team with Wachovia Securities. In that role, Mr. Krikorian led a team of 401(k) plan advisors who worked with wholesalers to deliver retirement products to plan sponsors. Kris has experience in both retirement plan administration and wholesaling, Pittman said. His work with a large team of financial advisors also gives him insight into the needs of advisors who market Newports services.

Mr. Semmler will be based in Denver and cover Newports North Central and Northwest regions. Most recently, he was Vice President and Regional Sales Manager of Matrix Financial Solutions, where he developed new business opportunities for the Colorado-based financial services firm. He has also worked with such firms as Charles Schwab and Security Trust. Daves extensive relationships with financial institutions, third party administrators and retirement plan and trust advisors will allow Newport to strengthen its footprint in the Pacific Northwest, Pittman said.

Especially during times of market uncertainty, retirement plan participants need information, education, and advice to help them effectively plan for retirement, Pittman added. Kris and Dave join a great team at Newport dedicated to providing these important disciplines to plan sponsors and their employees.

About The Newport Group

Founded in 1984, The Newport Group is a leading retirement services and asset management firmspecializing in the creative design, funding, and administration of qualified and non-qualified retirement plans as well as co-fiduciary investment consulting services. Through its innovative and customized solutions, Newport is uniquely positioned to satisfy the distinct financial needs of employers and employees, and has done so for hundreds of the countrys largest and best-known companies.

Newport is headquartered in Heathrow (Orlando) FL, with service centers in Charlotte NC, Greensboro NC, La Crosse WI, Richmond VA, St. Louis MO, and St. Petersburg FL. Newport also has offices in Atlanta, Chicago, Jacksonville, Kansas City, Los Angeles, Memphis, Milwaukee, Minneapolis, New York City, Orange County CA, Philadelphia, Pittsburgh, Portland, St. Louis, and San Francisco. For more information, visit www.newportgroup.com.

See the original story at: http://eon.businesswire.com/releases/regional_directors/retirement_plan/prweb1571944.htm

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CONTACT INFORMATION

The Newport Group, Orlando
Geraldine OBrien, VP, Communications, 407-333-2905
or cell: 908-209-8727
gobrien@newportgroup.com
www.newportgroup.com

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