Nationwide Retirement Solutions Promotes Sales Director
Nationwide Retirement Solutions has promoted Ed Malone to associate vice president, Protected Retirement Sales where he will drive investment-only and Nationwide recordkeeping sales across the company’s suite of protected retirement solutions.
Malone reports to Cathy Marasco, vice president, Protected Retirement.
Malone, who was elevated from his previous position as director of sales for Protected Retirement, has been solely focused on Protected Retirement product distribution since 2020.
As associate vice president, Malone will expand investment-only distribution by strengthening strategic partnerships with key recordkeepers and platforms. He will also continue partnering closely with Nationwide’s distribution leaders and field teams to drive plan and participant adoption that supports improved retirement outcomes for the participants in the plans where Nationwide is the recordkeeper.
“Over the last several years, Ed has been dedicated to expanding access to Nationwide’s Protected Retirement solutions and enhancing the company’s focus on helping participants turn their savings into guaranteed retirement income,” said Marasco. “His leadership in championing Nationwide’s Protected Retirement story with key audiences has helped position the company as a recognized leader in delivering in-plan lifetime income and principal protection.”
Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.