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Press ReleasesTitles and dates of selected Sibson Consulting press releases are listed below in reverse chronological order. To see an entire press release, simply click on the title. For information about hot topics, or to set up an interview with a Sibson Consulting expert, reporters should click here to visit The Segal Company's Press Room. (The Segal Company is the parent company of Sibson Consulting.)
Mary L. Feldman André Pinsonneault
SIBSON CONSULTING AND MORNEAU SOBECO NEW YORK (5/12/08) — Joseph A. LoCicero, President & CEO of The Segal Company, has announced that Sibson Consulting, the firm’s HR consulting division, has agreed to a strategic alliance with Morneau Sobeco, a leader in employee benefits administration outsourcing solutions. The firms will collaborate on offering benefits administration outsourcing services to Sibson clients, and employee benefits and HR consulting services to Morneau Sobeco clients in the U.S. Mr. LoCicero said, “This is an exciting opportunity for both organizations, as it truly makes both firms better equipped to service their client base and, therefore, more valuable to their clients. We are very pleased to offer clients one entry point for both benefits administration and benefits and HR consulting.” William Morneau, Chairman and CEO of Morneau Sobeco, continued, “Through this alliance, Morneau Sobeco will be able to offer benefits and HR consulting solutions to its U.S. clients, and provide enhanced outsourcing solutions to Sibson’s clients.” The firms already have mutual clients and are working on joint proposals. In addition, they have complementary business philosophies – they are committed to building long-term client relationships – and believe that this alliance capitalizes on the strengths of both organizations. “Both firms are pleased to be able to offer a bundled solution – pension and health consulting and administration outsourcing services together – to organizations that prefer such an approach,” concluded Daniel G. Fries, Leader of Sibson Consulting. * * *
Morneau Sobeco (www.morneausobeco.com) is the largest Canadian-owned pension and benefits consulting and outsourcing firm, providing services to organizations across Canada and in the United States. With over 1,200 employees in offices in 12 cities across North America, Morneau Sobeco has focused on the integrated design and delivery of pension and benefit plans for over 40 years. Sibson Consulting (www.sibson.com), a Division of Segal, provides strategic human resources solutions to corporate and non-profit employers. Sibson's services include benefits, compensation, talent and performance management, communications, sales force effectiveness and change management.
SIBSON CONSULTING’S RALEIGH OFFICE MOVES
NEW YORK (5/6/08) — Daniel G. Fries, Senior Vice President, has announced that the Raleigh office of Sibson Consulting, A Division of Segal, has moved to new quarters in the same building. Old: New: Telephone and fax numbers remain the same – Telephone: 919.233.1220; Fax: 919.233.7575 * * *
Sibson Consulting (www.sibson.com), a Division of Segal, provides strategic HR solutions related to the planning, implementation and operation of total rewards, compensation, retirement and health benefit programs. Sibson's services encompass talent management, benefits, organization design, sales effectiveness and change management.
SIBSON CONSULTING PROMOTES FOUR EXECUTIVES
NEW YORK (8/2/07) — Daniel G. Fries, Senior Vice President and Market Director of Sibson Consulting, the strategic HR consulting division of The Segal Company, has announced the appointment of two Senior Vice Presidents and two Vice Presidents: KAREN HUTCHESON to Senior Vice President. Ms. Hutcheson joined the Boston office in 2003. She was named a Vice President in 2006. She works in Sibson Consulting’s Higher Education Practice leading compensation, performance management and human resources consulting services for higher education clients. Ms. Hutcheson has more than 20 years experience in compensation and performance management consulting. She holds a BA in Business Administration from Boston University. KELLY JONES to Senior Vice President. Mr. Jones joined the Cleveland office in 2001 as Higher Education Practice Leader. He has more than 25 years of experience in employee benefits, managed healthcare, pharmacy management and HR strategy development. Mr. Jones has worked in the higher education arena as a resource for various institutions in all aspects of HR and benefits consulting. He holds a BA from Miami University in Oxford, OH in Political Science and English. DAVID PALMERINO to Vice President. Mr. Palmerino joined the New York office in 1998 as an Actuarial Analyst and became a Consulting Actuary in 2005. He works with corporate and not-for-profit clients and manages a staff of associates. Mr. Palmerino graduated from Holy Cross College (Worcester, MA). He is an Associate of the Society of Actuaries, a Member of the American Academy of Actuaries and an Enrolled Actuary. JOHN STIEFEL, JR. to Vice President. Mr. Stiefel joined the Hartford office in 2002. He is currently a Consulting Actuary working with hospitals and other corporate and not-for-profit clients. Mr. Stiefel has more than 10 years of actuarial experience. He received a BA in Mathematical Economic Analysis from Rice University in Houston, TX. Mr. Stiefel is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and an Enrolled Actuary. * * *
Sibson Consulting (www.sibson.com), a Division of Segal, provides strategic HR solutions related to the planning, implementation and operation of total rewards, compensation, retirement and health benefit programs. Sibson's services encompass talent management, benefits, organization design, sales effectiveness and change management.
WORLDATWORK AND SIBSON RELEASE STUDY ON PERFORMANCE MANAGEMENT NEW YORK (7/26/07) — To gather information about performance management practices and outcomes, WorldatWork and Sibson Consulting invited WorldatWork members to participate in a confidential, online survey. Results from the 2007 State of Performance Management Study by WorldatWork and Sibson Consulting indicate that improvement in performance management is needed in many organizations and that performance management is stronger in higher performing companies. Key findings include:
According to Jim Kochanski, Senior Vice President of Sibson Consulting, “The organizations getting the most impact from performance management are those that have strong leadership support and that execute well in differentiating performance and giving performance messages.” Dr. Lise Flores-Reed, research manager of WorldatWork concludes, “These results suggest there is opportunity for organizations to enable their managers to become more effective at communicating performance messages and coaching their employees around performance issues. More communication and transparency can improve employee trust in the process.” The 2007 WorldatWork and Sibson State of Performance Management Study surveyed more than 550 individuals, primarily senior-level HR professionals. The demographic profile of the respondents is similar to that of the WorldatWork membership. The organizations represented in the study range in size from fewer than 100 employees to more than 100,000 employees. The following industries are represented: finance and insurance, health care, higher education, manufacturing, professional services, public sector and utilities. To order a copy of the full study report, contact WorldatWork at 1-877-951-9191. To speak with one of the study authors, contact Mary Feldman at 212.251.5029 or mfeldman@segalco.com or Marcia Rhodes at 480.348.7285 or mrhodes@worldatwork.org. * * *
Sibson Consulting (www.sibson.com), a Division of Segal, provides strategic HR solutions related to the planning, implementation and operation of total rewards, compensation, retirement and health benefit programs. Sibson's services encompass talent management, benefits, organization design, sales effectiveness and change management. WorldatWork (http://www.worldatwork.org) is an international association of human resource professionals and business leaders focused on attracting, motivating and retaining employees. WorldatWork supports its 30,000 members and customers in 75 countries with thought leadership, education, publications, research and certification.
SIBSON CONSULTING ADDS STAFF TO SALES FORCE EFFECTIVENESS PRACTICE NEW YORK (6/26/07) — Daniel G. Fries, Senior Vice President and Market Director of Sibson Consulting, the strategic HR consulting division of The Segal Company, has announced that as a result of increased demand for Sales Force Effectiveness Practice services, two consultants recently joined the firm as Vice Presidents in the Chicago office: Stephen R. Crook has more than 20 years experience in business and consulting, specializing in marketing and sales analytics, strategy and effectiveness. Most recently, he managed Midwest business development for Health Products Research, Inc. (a strategic health care industry consulting firm). He has also been a senior principal with Inforte (a provider of strategic, analytic and technology deployment services), manager of new business development for ZS Associates (a management consulting firm specializing in sales and marketing strategy, operations and execution) as well as president of his own consulting firm. Dennis Spahr has 20 years experience in sales as a consultant and in sales/marketing roles. Most recently, Dennis was a Principal in the Sales Effectiveness Practice for Mercer HR Consulting in Chicago. He also has consulting experience with Towers Perrin and The Alexander Group. Dennis began his career in sales with AlliedSignal Plastics and Dow Corning. Mr. Spahr frequently speaks on sales effectiveness at industry forums. Joseph DiMisa, head of the Sales Force Effectiveness Practice said, “Both Dennis and Steve have had tremendous success over their careers and we are confident that they will increase our ability to provide strategic sales force effectiveness services that meet our clients’ needs.” For more information, contact Mary L. Feldman at 212.251.5029, or mfeldman@segalco.com. * * *
Sibson Consulting (www.sibson.com), a Division of Segal, provides strategic HR solutions related to the planning, implementation and operation of total rewards, compensation, retirement and health benefit programs. Sibson's services encompass talent management, benefits, organization design, sales effectiveness and change management.
Segal, Sibson Consulting and CareAdvantage Team Up to Provide Data Analytics NEW YORK (4/24/07) — The Segal Company and Sibson Consulting, its strategic HR consulting division, have announced an agreement with CareAdvantage, an independent medical data management company, to serve as Segal’s and Sibson Consulting’s data analytics partner in providing sophisticated medical data analyses and reporting to clients. According to Edward A. Kaplan, Senior Vice President and National Health Practice Leader, “Data mining is essential for plan sponsors seeking to better study plan cost drivers and develop intelligent cost containment strategies. Making the medical data scrubbing and evaluation tools that CareAdvantage uses to dissect complex health plan costs available to our clients will help them find better ways to support health management strategies.” Joshua Stein, Manager of Client Solutions at CareAdvantage, added, “By developing a centralized data repository that integrates financial, clinical, pharmacy and HR data, we will be able to produce a consolidated view of total healthcare expenditures that will allow plan sponsors to develop long-term health and benefit strategies. In addition, advanced predictive models and clinical algorithms will be used to foster the measurement of plan performance and future medical cost trends.” For more information, contact Mary L. Feldman at 212.251.5029, or mfeldman@segalco.com. * * *
The Segal Company ( www.segalco.com)"is a leading, independent firm of benefit, compensation and human resources consultants.Sibson Consulting (www.sibson.com) is the strategic human resource consulting division of Segal. The organization, with more than 900 employees, is headquartered in New York and has offices throughout the U.S., in Canada and the U.K. CareAdvantage, Inc. (www.careadvantage.com), founded in 1994, is in the business of providing clinical consulting and data analysis solutions to health plans, employers, national consulting firms, hospital systems, unions, states and other purchaser groups. The CareAdvantage team consists of former health plan executives, senior medical directors and care management operations directors, as well as experts in clinical data analysis and information technology.
“FISHERMAN’S GUIDE TO SELLING” PENNED BY SIBSON CONSULTING SALES EFFECTIVENESS PRACTICE LEADER NEW YORK (3/21/07) — Sibson Consulting, the strategic HR consulting division of The Segal Company has announced that Joseph DiMisa, head of Sibson’s Sales and Marketing Effectiveness Practice, has written “The Fisherman’s Guide to Selling,” a primer for sales professionals who want to follow a successful and proven sales process. DiMisa says, “I wrote the book based upon my experiences working with world-class sales organizations and salespeople. It is meant to help those who are seeking techniques that separate the average sales performer from the extraordinary sales performer. It’s based upon a fishing theme to help show, through the use of metaphors, how success can be achieved with just a little extra effort.” DiMisa has 15 years of consulting experience providing thought-leadership around sales performance to many large organizations including: AT&T, Cisco Systems, Equifax and Verizon. Before becoming a consultant, DiMisa ran corporate sales and marketing organizations. He has written more than 30 white papers and articles about sales and marketing best practices, and trends and issues, and is a frequent speaker on these topics. “The Fisherman’s Guide to Selling” was published by Adams Media and is available through Amazon.com. To speak with DiMisa, please contact Mary Feldman at 212.251.5029 or mfeldman@segalco.com. * * *
Sibson Consulting (www.sibson.com), a Division of Segal, provides strategic HR solutions related to the planning, implementation and operation of total rewards, compensation, retirement and health benefit programs. Sibson's services encompass talent management, benefits, organization design, sales effectiveness and change management.
SEGAL COMBINES TWO LINES OF BUSINESS NEW YORK (2/6/07) — The Segal Group, Inc. has announced that it has combined its Sibson human capital consulting division with its Segal corporate benefits consulting and actuarial practice to be known as Sibson Consulting, A Division of Segal. According to Joseph A LoCicero, President and CEO of The Segal Group, Inc., “Moving to one brand for our corporate clients is the next step in the process that began in 2001 when The Segal Group acquired Sibson. More than a year ago, we began managing the two businesses as one under the direction of Dan Fries, Senior Vice President and Market Director. At that time we began using the name Segal/Sibson and expanded joint client servicing wherever possible. Now, combining the two businesses under one name, Sibson Consulting, A Division of Segal, allows us to broaden our consulting services in a coordinated way.” Dan Fries added: “Putting the Sibson Consulting name on our corporate business is also recognition that, for more than 40 years, Sibson has been a highly regarded and well-known brand in the consulting world. In fact, we sampled the market and our findings indicate that the transition is consistent with our goal of broadening our service offerings.” Mr. LoCicero added, “While Sibson Consulting will represent strategic HR consulting in the corporate and not-for-profit arenas, we will continue to be known as Segal, which has been a premiere benefits and actuarial consulting firm for nearly 70 years, in our other markets.” * * *
The Segal Company (www.segalco.com) is an independent, US-based firm of benefit, compensation and human resources consultants. Clients include corporations, non-profit organizations, professional service firms, state and local governments and joint boards of trustees administering pension and health and welfare plans under the Taft-Hartley Act. Sibson Consulting (www.sibson.com) the Strategic HR Consulting Division of Segal, consults on the planning, design, qualification, implementation, operation and communication of total rewards, compensation, retirement and health benefits programs. Sibson's services encompass talent management, rewards and compensation plans, effective organization design, sales effectiveness and change management programs.
SIBSON CONSULTING, A DIVISION OF SEGAL HIRES NEW EXECUTIVE COMPENSATION CONSULTANT NEW YORK (2/5/07) — Daniel G. Fries, Senior Vice President and Market Director of Sibson Consulting, A Division of Segal, has announced that Richard (Rick) V. Smith joined Sibson as a Senior Vice President and Executive Compensation Consultant in the firm’s Organizational Effectiveness Practice. Mr. Smith has special expertise on executive and broad based compensation issues. Mr. Smith has 20 years experience in executive compensation and benefits consulting working in a wide variety of industries with both public and private companies. Most recently, he was Director and Executive Compensation Practice Leader for McDermott Will & Emery, LLP in New York. Mr. Smith has also served as director of the executive compensation advisory practice at KPMG, as executive compensation practice leader for the Hay Group and as a Principal and consultant for Mercer. He holds a B.A. from the University of Arizona and has done graduate work at Babson College (Wellesley, MA). Mr. Smith is working out of the New York office. * * *
The Segal Company (www.segalco.com) is an independent, US-based firm of benefit, compensation and human resources consultants. Clients include corporations, non-profit organizations, professional service firms, state and local governments and joint boards of trustees administering pension and health and welfare plans under the Taft-Hartley Act. Sibson Consulting (www.sibson.com) the Strategic HR Consulting Division of Segal, consults on the planning, design, qualification, implementation, operation and communication of total rewards, compensation, retirement and health benefits programs. Sibson's services encompass talent management, rewards and compensation plans, effective organization design, sales effectiveness and change management programs.
Segal Announces Acquisition of Irwin Tepper Associates –Expansion of Asset/Liability Modeling Analysis Practice NEW YORK (10/16/06) — Joseph A. LoCicero, President and CEO of The Segal Company, has announced that Segal has acquired the assets of Irwin Tepper Associates, Inc., a consulting firm that specializes in asset/liability analysis for employee benefit programs and other organizations. For the past several years, Segal and Tepper have worked together to prepare in-depth asset liability modeling for Segal clients. In business since 1982, Irwin Tepper Associates has provided customized, PC-based asset/liability modeling software and consulting for defined benefit pension plans, retiree medical programs and endowments and foundations. Dr. Irwin Tepper, the founder and president of Irwin Tepper Associates, has joined Segal as Senior Vice President and Asset/Liability Modeling Practice Leader. Other staff members of Irwin Tepper Associates who have joined Segal include Dan Westerheide, Consultant and Christine Kuder, Programmer. Mr. LoCicero said, “The acquisition enhances the defined benefit plan forecasting capabilities of our retirement practice and adds to the tools we bring to retiree health plans and through Segal Advisors, our investment consulting affiliate.” Dr. Tepper added, “We see this as a way to grow our firm through a larger organization with much more depth and support. We look forward to bringing Segal’s resources and services to our clients and our tools and expertise to Segal’s clients.” Mr. LoCicero continued, “The group’s services will be formally introduced to clients and prospects soon, but that Dr. Tepper is already involved with Segal’s seminars on the Pension Protection Act (PPA ’06) and, as a result, is already meeting with clients.” * * *
The Segal Company (www.segalco.com) is an independent, US-based firm of benefit, compensation and human resources consultants. Clients include corporations, non-profit organizations, professional service firms, state and local governments and joint boards of trustees administering pension and health and welfare plans under the Taft-Hartley Act.
COMMUNICATOR AWARDS PRESENTED TO SEGAL/MGC COMMUNICATIONS NEW YORK (5/3/06) — Segal/MGC Communications, the National Communications Practice for The Segal Company, recently received two honors from the 2006 Communicator Awards: the Award of Excellence and the Award of Distinction. The Communicator Awards is an international awards competition founded by communications professionals to recognize excellence in the communications field. Segal/MGC Communications received The Award of Excellence, "given to those entries whose ability to communicate puts them among the best in the field," for its work with the Pennsylvania Public School Employees' Retirement System Health Options Program (PSERS HOP). This Open Enrollment Campaign was a fully integrated communications campaign designed to both increase participation and educate retirees so they could take advantage of the new Medicare Part D prescription drug plans being offered for the first time in 2006. This campaign combined print, online and face-to-face communications, including announcement postcards, a new Web site, five versions of enrollment kits with personalized statements for all 120,000 retirees, survey cards, detailed informational brochures, 70 informational meetings (attended by more than 20,000 retirees), Medicare Supplement brochures, an Abridged Formulary brochure, and training for customer service representatives. The Award of Distinction, which was presented to Segal/MGC for its work on Time Warner's "2006 Benefit Planner," recognizes "projects that exceed industry standards in quality and excellence." Time Warner's 2006 Benefit Planner provided employees with a detailed look at upcoming changes in their medical plans and a complete "how-to" enrollment guide with decision-making tools for their medical, dental and vision plans, FSAs and transportation programs. The introduction of a Consumer-Driven Health Care Plan option made it critical to explain this complex information in clear, concise language and provide tips, tools and resources on how to use benefits wisely and become a fully informed health care consumer. In addition, the booklet highlighted all other company-sponsored services and programs for the year — in the event that employees needed to factor those benefits into their planning. * * *
Segal/MGC Communications (www.segalmgc.com) is the award-winning national benefits, human resources and organizational communications practice of The Segal Company. Segal/MGC Communications develops innovative results-driven and cost-effective solutions for clients. The Segal Company (www.segalco.com) is an independent, US-based firm of benefit, compensation and human resources consultants. Clients include corporations, non-profit organizations, professional service firms, state and local governments and joint boards of trustees administering pension and health and welfare plans under the Taft-Hartley Act.
SEGAL/MGC COMMUNICATIONS - NEW NAME & NEW ADDRESS
NEW YORK (3/27/06) — The Segal Company has announced a new name for the firm's National Communications Practice. In recognition of the brand legacy of Marjorie Gross & Company, the well-known communications firm Segal acquired in 2001, the name of the practice is now Segal/MGC Communications. Senior Vice President and National Communications Practice Leader, Nenette Kress, heads the practice, which serves more than 250 clients across all of Segal's markets. Segal's Communications Practice has won numerous awards for its benefits, human resources and organizational communications work, including recognition from IABC, the Dalton Pen Awards and The Communicator Awards. Segal/MGC Communications has also moved to larger quarters. New address and contact information are: Segal/MGC Communications For more information, contact Mary Feldman. * * *
Segal/MGC Communications (www.segalmgc.com) is the award-winning, national benefits, human resources and organizational communications practice of The Segal Company. Segal/MGC Communications develops innovative, results-driven and cost-effective solutions for clients. The Segal Company (www.segalco.com) has been a leading, independent firm of benefit, compensation and human resources consultants since its founding in 1939. Segal is headquartered in New York and has more than 900 employees throughout the U.S. and in Canada. Clients include corporations, non-profit organizations, professional service firms, state and local governments and joint boards of trustees administering pension and health and welfare plans under the Taft-Hartley Act.
SEGAL ANNOUNCES NEW PRESIDENT & CEO
"I am excited about running a firm with such a rich heritage and a renowned reputation for its innovative and professional approach to actuarial and HR consulting," Mr. LoCicero said. "And, I am pleased and privileged to be able to readily call on the experience and wisdom of the previous leaders of the firm." Mr. LoCicero is an Enrolled Actuary with a law degree who previously served as President, CEO and Chairman of a major actuarial and HR consulting firm. He has worked extensively in all of the markets served by Segal and is a recognized expert on multiemployer pension issues. Mr. LoCicero is a Fellow of the Conference of Consulting Actuaries, a Member of the American Academy of Actuaries and is admitted to the Bar in the States of New Jersey and New York. He is also a former Board Member of the Employee Benefit Research Institute (EBRI), was designated a "Superstar" in the HR field by HRO magazine and is a recipient of the "Good Neighbor" award from Howard University. To interview Mr. LoCicero or obtain a print-quality photo, please contact Mary Feldman at 212.251.5029 or mfeldman@segalco.com. * * *
The Segal Company (www.segalco.com) is an independent, US-based firm of benefit, compensation and human resources consultants. Clients include corporations, non-profit organizations, professional service firms, state and local governments and joint boards of trustees administering pension and health and welfare plans under the Taft-Hartley Act.
THE SEGAL COMPANY PROMOTES EIGHTEEN EXECUTIVES
NEW YORK (11/9/05) — Howard Fluhr, President and CEO of The Segal Company, has announced the appointment of five Senior Vice Presidents and thirteen Vice Presidents: TO SENIOR VICE PRESIDENT: Kathryn Bakich – Ms. Bakich joined The Segal Company’s Washington, DC office in 1998 as National Director Health Care Compliance and became a Vice President in 2000. She specializes in research and analysis on federal laws and regulations affecting health coverage and is an acknowledged national expert on HIPAA and the Medicare Modernization and Prescription Drug Act. Ms. Bakich graduated with a JD and MA in Public Policy and a BA in Political Science from the University of Missouri. She is admitted to the Bar in the District of Columbia, the United States Supreme Court and multiple federal district and appellate courts. David A. Dean – Mr. Dean joined Segal’s Chicago office in 1995 as a benefits consultant and actuary. He became a Vice President in 2002. Mr. Dean specializes in providing actuarial and consulting services to large pension and health funds throughout the Midwest. He earned a BA in mathematics from the University of Minnesota. Mr. Dean is a Member of the American Academy of Actuaries and an Enrolled Actuary. A. Donald Morgan – Mr. Morgan joined Segal’s Boston office in 1987. He was named a Vice President in 1995 and an Actuarial Manager in 1999. Mr. Morgan specializes in pension plan consulting. He graduated with honors from Harvard University with a BA in Mathematics. Mr. Morgan is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries and an Enrolled Actuary. Brian L. Smith – Mr. Smith joined Segal’s New York office as National Practice Leader for the Fiduciary Liability Insurance Practice in 2000 and was named a Vice President in 2003. He is nationally-recognized in the area of Directors and Officers Insurance with expertise in Fiduciary, Employment Practice, Crime Insurance and Surety Bonds. Mr. Smith holds a BS in psychology from Mount Saint Mary’s University (Emmitsburg, MD) and an MBA in finance from New York University’s Graduate School of Business. James Sokol – Mr. Sokol joined Segal’s New York office in 1988 as Programmer for the Defined Contribution Services Department and was promoted to Manager in 1990. He was named a Vice President in 1995 and joined the Information Technology Department in 1998. Mr. Sokol became a member of the Office of the Chief Information Officer in 2000 and was promoted to Chief Technology Officer in 2002. He earned a BS in aeronautical engineering from Dowling College (Long Island, NY). TO VICE PRESIDENT: Steven Angel - Mr. Angel joined Sibson Consulting in New York in 2000 with previous experience in domestic and international business consulting. He has consulted on risk control and corporate governance issues and has worked for the Investment Management Division of the Securities and Exchange Commission. He holds an MBA in finance from New York University Stern School of Business and a BBA in finance from Hofstra University. Mitchell Bramstaedt - Mr. Bramstaedt joined Segal’s Chicago office in 1992 as a health consultant. He currently serves as a consultant for large health plan clients in the Midwest and is active in new business development. Mr. Bramstaedt received an MBA in economics from DePaul University (Chicago) and a BS in business management from Bradley University (Peoria, IL). Christopher Calvert - Mr. Calvert joined Segal’s Corporate Health Practice in New York as a health consultant in 2001. He is one of the firm’s experts in the area of consumer directed health plans and took a lead role in producing Segal’s recent CDHP Survey. Mr. Calvert holds an MBA in health care administration from Baruch College/Mount Sinai Medical Center (in New York City) and a BS in economics from Cornell University. James R. Clark - Mr. Clark joined Segal’s Corporate Retirement Practice in New York as a consulting actuary in 2002. He provides consulting services to law firm and not-for-profit clients, as well as large corporate plan sponsors. Mr. Clark earned an MS in Actuarial Science at the J. Mack Robinson Graduate School of Business at Georgia State University. He is an Associate of the Society of Actuaries, a Member of the American Academy of Actuaries, a Fellow of the Conference of Consulting Actuaries and an Enrolled Actuary. Steven F. Cyboran - Mr. Cyboran joined Segal’s Corporate Health Practice in Chicago as an actuarial health consultant and a group actuary in 1999. He serves as the national absence and productivity management practice leader and as a consultant specializing in health care, disability and paid time-off. Mr. Cyboran holds a BS in mathematics from the University of Illinois at Urbana-Champaign. He is an Associate of the Society of Actuaries, a Member of the American Academy of Actuaries and a Fellow of the Conference of Consulting Actuaries. Richard A. DeFrehn - Mr. DeFrehn joined Segal’s Corporate Retirement and e-HR Practice in New York in 2001. He is an actuarial technical and consulting specialist for defined benefit plans focusing on administration and outsourcing. Mr. DeFrehn also manages Segal’s Administration Consulting Practice. He holds a BA in mathematics from Montclair State University (NJ). Kelly Jones - Mr. Jones joined the Cleveland office in 2001 and has led Segal’s Higher Education Practice since 2003. He is an expert in all aspects of employee benefits, managed healthcare, pharmacy management and HR strategy development for institutions of higher education. Mr. Jones holds a BA from Miami University (OH). He was recently elected Chair of the CUPA-HR Corporate Advisory Council. Kay Kardos - Ms. Kardos joined Segal in Los Angeles as West Region HR Director in 2002. She provides a full range of human resources services for Segal staff in the West. She holds an MA from the University of Santa Monica and a BA from Texas Lutheran University. Ms. Kardos is an active member of the Society for Human Resource Management (SHRM) and the Professionals in Human Resources Association (PHIRA). Guy Lester - Mr. Lester joined Segal’s Public Affairs and Marketing Department in the National Office in New York in 1994. He was named Manager, Marketing Communications in 1997 and National Director, Web Strategy in 2002. Mr. Lester became Interim National Director, Sales & Marketing in April 2005. He holds a BA in communications and journalism from Fordham University. Michael Marks - Mr. Marks joined Segal’s Corporate Retirement Practice in New York as a consulting actuary in 2003. He works with large corporate clients on retirement plan consulting. Mr. Marks holds a BS in mathematics and computer science from the State University of New York at Binghamton. He is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries and an Enrolled Actuary. Joshua A. Shapiro - Mr. Shapiro joined Segal’s Chicago actuarial department as a senior actuarial analyst in 2001. He specializes in working with defined benefit pension plans. Mr. Shapiro holds a BA from Cornell University. He is an Associate of the Society of Actuaries and a Member of the American Academy of Actuaries. Kevin Sorhaitz - Mr. Sorhaitz joined The Segal Company, Ltd. in Toronto as an actuarial analyst in 1998. He was named Actuarial Manager in 2002. Mr. Sorhaitz currently serves as actuarial consultant for major Canadian clients. He holds a BS in Actuarial Science from the University of Windsor (Ontario). Mr. Sorhaitz is an Associate of the Society of Actuaries. Kevin L. Wolfe - Mr. Wolfe joined Segal’s Administration and Technology Consulting (ATC) Practice in Chicago as a consultant in 1998. He is an expert in the management, administration and communications of benefit plans. Mr. Wolfe serves as a project leader for multiple clients and projects including providing HIPAA-EDI, Privacy and Security services and non-HIPAA related services. He also has responsibility for business development for ATC throughout the Midwest. Mr. Wolfe attended the University of Wisconsin (Parkside, WI) where he studied applied mathematics. * * *
The Segal Company (www.segalco.com) is a leading, independent firm of benefit, compensation and human resources consultants. In January 2002 Segal acquired Sibson Consulting, a human capital consulting firm. The combined organization, with nearly 900 employees, is headquartered in New York and has offices throughout the U.S., in Canada and the U.K. Clients include corporations, non-profit organizations, professional service firms, state and local governments and joint boards of trustees administering pension and health and welfare plans under the Taft-Hartley Act.
SEGAL ANNOUNCES NEW CEO (NEW YORK, 9/27/05) – The Board of Directors of The Segal Group, Inc. announced today that Joseph A. LoCicero will join the firm as Incoming CEO on October 11, 2005. Mr. LoCicero will succeed Howard Fluhr as President & CEO on January 1, 2006. On the same date, Mr. Fluhr, who has served as President & CEO for 12 years, will become Chair and Robert D. Krinsky, currently Chair will become Chair Emeritus. Martin E. Segal will continue as Founder and Chair Emeritus. “I am excited and ready to take on the role of running Segal,” Mr. LoCicero said. “I believe that my years of experience as a consultant and a manager in a business I know and love bring a great deal of value to the organization.” Mr. LoCicero is an Enrolled Actuary with a law degree who served as President and CEO of Buck Consultants for eight years and as Chairman for six years, capping a more than 30-year career with Buck. He has worked extensively in all of the markets served by Segal, and created and led Buck’s multiemployer practice. Mr. LoCicero is a Member of the American Academy of Actuaries and is admitted to the Bar in the States of New Jersey and New York. He is also a former Board Member of the Employee Benefits Research Institute (EBRI) and was designated a “Superstar” in the Human Resources field by HRO magazine (2002). To interview Mr. LoCicero, please contact Mary Feldman at 212.251.5029 or mfeldman@segalco.com. * * *
The Segal Company (www.segalco.com) is an independent, US-based firm of benefit, compensation and human resources consultants. Clients include corporations, non-profit organizations, professional service firms, state and local governments and joint boards of trustees administering pension and health and welfare plans under the Taft-Hartley Act.
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NEW YORK (1/4/06) — The Board of Directors of The Segal Group, Inc., announced that Joseph A. LoCicero became President & CEO on January 1, 2006. Mr. LoCicero succeeded Howard Fluhr, who, after serving as President & CEO for 12 years, has been named Chair. Robert D. Krinsky, who had been Chair, was named Chair Emeritus. Martin E. Segal continues as Founder and Chair Emeritus.