This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Mercer Announces Senior Appointments To Emphasize Investment And Retirement Opportunities In Europe And Growth Markets

Stocks in this article: MMC

Mercer today announced three senior-level appointments to align its Investments and Retirement organizations to take advantage of opportunities and provide for leadership continuity in Europe and in the Growth Markets.

  • Andrew Kirton has been appointed head of Mercer’s Investments business in Europe, succeeding Tom Geraghty, who, as previously announced, has assumed the post of market leader and CEO for Ireland.
  • Jeff Schutes has been appointed head of Mercer’s Investments business in the Growth Markets, a newly created position, which includes Asia, Middle East and Turkey, Africa, and Latin America.
  • Akhil Sethi has been appointed head of Mercer’s Retirement business in the Growth Markets, a newly created position

“We are pleased to fill these important positions with senior leaders who have a track record of success at Mercer and have deep understanding of the growth dynamics of their markets,” said Julio A. Portalatin, President and CEO of Mercer. “One of our objectives is to rotate responsibilities in order to expand the breadth of our leaders’ expertise and to gain the benefit of cross-fertilization of experience across investment disciplines. The appointment of Andrew as head of Mercer’s Investments business in Europe assigns one of our most experienced executives to this important market. The newly created roles for Jeff and Akhil reflect our commitment to invest in and maximize our opportunities in the Growth Markets.”

Despite all the Euro-crisis news, Mercer's European Investments business continues to grow and prosper and is now larger than Mercer's total global Investments business in 2006. The trajectory of Mercer's business in the Growth Markets is very strong, and this area is strategically important to the planned expansion of Mercer’s global Investments business.

“These appointments reinforce Mercer’s commitment to ensure that we understand individual client needs, reflect local market dynamics, and tailor our global capabilities to arrive at the best solution for the specific circumstances,” said Phil de Cristo, President of Investments at Mercer. “Client needs are changing as a result of global market trends, including market volatility and the demand for stronger governance models. Many clients have been attracted to Mercer because our delegated solutions allow them to leverage our global investment research and portfolio implementation to complement their in-house staff and investment committee structures. Mercer can tailor these capabilities to the specific challenges faced by our clients based in Europe as well as to the special dynamics at play in the Growth Markets. “

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs