Bill Jackson to lead Retirement Plans segment
COLUMBUS, Ohio, Aug. 24 /PRNewswire/ -- Nationwide Financial Services,
Inc. (NYSE: NFS), today announced that Duane C. Meek, senior vice president
for Retirement Plans, will retire at year-end after 38 years with the
company. Bill Jackson, currently vice president for internal sales and
service, has been elected to replace Meek as head of Retirement Plans,
beginning Oct. 1. Meek and Jackson will work together through year-end to
ensure a smooth transition.
"While we will miss Duane, I am extremely confident in Bill Jackson's
ability to lead our Retirement Plans segment. Bill's extensive leadership,
experience and successful track record at Nationwide Financial make him the
ideal candidate for this position," said Mark R. Thresher, president and
COO of Nationwide Financial.
Meek, 62, has served as senior vice president of retirement plans since
2004. He began his career at Nationwide in 1968 as a management trainee in
the group underwriting department and has held various management positions
in several divisions of Nationwide Financial. Meek's accomplishments at
Nationwide include building Financial Horizons -- what is now Nationwide
Financial's distribution through banks -- and growing the public-sector
retirement plans business from $14 billion in assets under management in
1997 to $40 billion today.
"During his career, Duane has built a legacy of outstanding leadership
and operational excellence," Thresher said. "His many successes include
helping us create one of the most diversified distribution platforms in the
industry and growing our Retirement Plans business into one of the largest
providers in the industry today."
"We are deeply appreciative of Duane's many contributions and almost
four decades of dedicated service," Thresher added.
Reflecting on his time at Nationwide, Meek said, "I'm very proud to
have worked for a company that has been so successful in helping millions
of Americans prepare for retirement and to know that my contributions
helped facilitate its growth. I've been very fortunate in my career to be
supported by excellent teams of associates."
Jackson began his Nationwide career as a financial planning analyst in
1984 and became a portfolio account supervisor later that year. In 1997, he
was named a director in non-affiliated sales, and was promoted to sales
center officer in 1999. Jackson was elected vice president in 2001 and
since 2004, has led the internal sales and service organization.
About Nationwide Financial(R)
Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded
company based in Columbus, Ohio, provides a variety of financial services
that help consumers invest and protect their long-term assets, and offers
retirement plans and services through both public- and private-sector
employers.
It's part of the Nationwide group of companies, which offers
diversified insurance and financial services. The group is led by
Nationwide Mutual Insurance Company, which is ranked No. 98 on the Fortune
100 based on 2005 revenue(1). For more information, visit
http://www.nationwide.com.
Nationwide and the Nationwide Framework are federally registered
service marks of Nationwide Mutual Insurance Company. On Your Side is a
service mark of Nationwide Mutual Insurance Company.
1. Fortune Magazine, April 2006
Contacts:
Erica Lewis 614-249-0184
lewise6@nationwide.com
Jeff Botti 614-249-6339
bottij@nationwide.com
SOURCE Nationwide Financial Services, Inc.
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Related links:
http://www.nationwide.com
http://www.prnewswire.com/comp/607050.html /
CONTACT:
Erica Lewis, +1-614-249-0184, or
lewise6@nationwide.com, or Jeff Botti, +1-614-249-6339, or
bottij@nationwide.com, both of Nationwide Financial Services,
Inc.
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