Ed Malone to lead Protected Retirement Sales at Nationwide
Ed Malone will lead the team responsible for driving Protected Retirement sales and adoption at Nationwide. The company recently established the Protected Retirement team, led by Cathy Marasco, to increase its dedicated resources to its innovative suite of in-plan guarantee solutions.
In this new role, Malone will be responsible for driving strategic sales growth and adoption of Nationwide’s in-plan retirement income and principal protection guarantee solutions. Reporting to Marasco, Malone will focus on adoption efforts with recordkeepers, plan sponsors and participants.
“Ed’s deep experience in working with employer-sponsored retirement plans positions him well to help our team advance our efforts to deliver competitive solutions for our participants and plan sponsors,” said Marasco, associate vice president of Protected Retirement. “Given the rapidly growing interest in protected retirement solutions, now is a great time to accelerate our efforts to help more retirement savers achieve a secure retirement.”
Malone brings over 25 years of experience at Nationwide Financial, having held various roles with increasing responsibility and specialized focus. Most recently, he served as a defined contribution product specialist for Retirement Solutions Sales.
For the 10th consecutive year, Nationwide Retirement Solutions has been awarded the DALBAR Customer Experience Excellence Award for its exceptional phone support.
Nationwide Retirement Solutions is a business within Nationwide, a Fortune 100 company based in Columbus, Ohio that is one of the largest and strongest diversified financial services and insurance organizations in the United States. Nationwide Retirement Solutions administers nearly 32,000 retirement plans, helping protect nearly $200 billion in participant assets, and helping secure financial futures for over 2.7 million participants in the governmental 457, corporate 401(k) and not-for-profit 403(b) markets. Nationwide is committed to serving the retirement industry by doing the right thing at the right time through better participant experiences, administrative simplicity and values that translate to service.
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