MassMutual Retirement Services Adds to Sales & Client Management Organization

SPRINGFIELD, Mass., Jan. 5, 2012 /PRNewswire/ -- The MassMutual Retirement Services Division further expands its sales and client management organization with the welcomed additions of Douglas Ragusa and Daniel Fay.

Douglas Ragusa has been hired as director, Taft-Hartley client relationship management, effective December 5. In this role, Ragusa is responsible for proactively managing Taft-Hartley client relationships nationwide. Ragusa brings with him over 20 years of experience in the financial services industry, primarily focused on relationship management, investment management and operations in the retirement plan market. Ragusa most recently served in relationship management with New York Life Investment Management, LLC. He reports to Richard Cartier, assistant vice president, Taft-Hartley Client Management and Business Development, and is based in Canton, Massachusetts.

Daniel Fay has joined MassMutual's Retirement Services Division as key account manager effective December 2. Based in Boston, Massachusetts, Fay is focused on strengthening MassMutual's relationships with the company's key accounts and retirement plan advisory firms in the Eastern region. Prior to joining MassMutual, Fay held several positions in sales and relationship management with New York Life Retirement Plan Services and Paychex, Inc. He brings with him over 16 years of experience in the retirement services industry. Fay reports to Jonathan Shuman, vice president, head of business development for MassMutual's Retirement Services Division.

"MassMutual's Retirement Services Division continues to experience tremendous growth," says Hugh O'Toole, senior vice president of sales and client management for MassMutual's Retirement Services Division. "These two talented and driven professionals bring a wealth of relationship management experience to our sales and client management team. Their contributions will help support MassMutual's growth while enhancing the service we provide to retirement plan advisors and sponsors," adds O'Toole.

For more information about MassMutual Retirement Services, please contact your retirement plan adviser or call MassMutual at 1-866-444-2601.

About MassMutual
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) [of which Retirement Services is a division] and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield, Massachusetts and its major affiliates include: Bab son Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; ML Investors Services, LLC, Member FIN RA and SPIC; Oppenheimer Funds, Inc.; and The MassMutual Trust Company, SB.

Founded in 1851, MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyholders. The company has a long history of financial strength and strong performance, and although dividends are not guaranteed, MassMutual has paid dividends to eligible participating policyholders every year since the S. With whole life insurance as its foundation, MassMutual provides products to help meet the financial needs of clients, such as life insurance, disability income insurance, long term care insurance, retirement/401(k) plan services, and annuities. In addition, the company's strong and growing network of financial professionals helps clients make good financial decisions for the long-term.

MassMutual's Retirement Services Division has been serving retirement plans for 65 years. It offers a full range of products and services for corporate, union, nonprofit and governmental employers' defined benefit, defined contribution and non qualified deferred compensation plans. It serves approximately 1.3 million participants.

For more information, visit www.massmutual.com or "Like" MassMutual on Face book and Facebook.com/retiresmart.

Copyright ©2012 Massachusetts Mutual Life Insurance Company (MassMutual) and affiliates, Springfield, MA 01111-0001. All rights reserved.

Contact: Jessica Barry 
413-744-8334
[email protected]

SOURCE MassMutual Retirement Services