Hewitt Associates, the Linconshire, Ill.-based human resources consulting and benefits plan administrator, named Russell P. Frandin its new chairman and chief executive.

Frandin, who now serves as the president and CEO of  back-office service provider BYSIS of Roseland, N.J., takes the reins from Dale L. Gifford, a 30-year veteran of Hewitt, who will retire.  Frandin, 51, starts Sept.5.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.