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Executive Moves


Securian Fin'l Promotes Eight Senior Managers

Securian Financial Group has promoted eight members of senior management.

Dianne Orbison now holds the title of executive vice president, although she will also continue as chief investment officer and president of Securian's asset management subsidiary, Advantus Capital Management.

George Connolly, head of broker/dealer Securian Financial Services and Securian Trust is now also a senior vice president of Securian Financial Group.

Loyall Wilson, a second vice president of Securian Financial Group, was promoted to senior vice president and chief compliance officer at the broker/dealer.

Robert Ehren is now senior vice president, life product manufacturing, in Securian Financial's individual security business unit.

Wilford Kavanaugh has been tapped as vice president, Securian distribution management in the company's individual financial security business unit. He was previously a second vice president. Craig Frisvold is now a vice president of individual underwriting and claims.

Susan Ebertz will now serve as vice president, group insurance services, promoted from second vice president.

Von Peterson, previously a sales manager, is now vice president, group client relationships in the group insurance business unit.

"Our people are our product, and we strive to keep our good people by providing fulfilling, professional careers with a variety of challenging opportunities," said Robert Senkler, chairman, president and CEO of Securian Financial Group. "These outstanding corporate officers are products of that strategy."

Schwab Promotes Bettinger From EVP to Prez, COO

Charles Schwab has promoted Walt Bettinger from executive vice president and head of Schwab Investor Services to president and chief operating officer.

In his new position, Bettinger will be responsible for a wide array of businesses, including Schwab Investor Services, Schwab Corporate & Retirement Services, mutual funds, banking, technology and operations.

In this position, Bettinger is in the No. 1 position behind founder, Chairman and CEO Charles Schwab.

Hancock Selects Longfritz To Head New Income Unit

Having created a new unit that will focus on retirement income and rollover solutions, using products and services from its wealth management businesses, John Hancock has named David Longfritz its senior vice president and general manager.

Longfritz was previously senior vice president, marketing, for John Hancock Annuities. Before that, he was a financial adviser with Merrill Lynch for more than seven years and, before that, spent 10 years in consumer packaged goods marketing, most notably with Procter & Gamble.

"This is an exciting opportunity for the company to push into white space not neatly covered by our decentralized business unit strategy," Longfritz said. "I expect we will hit the ground running, thanks to a key group of talented managers who have already started to lay the strategic groundwork for this new unit."

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