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Newport Appoints Monica Elvira and William Callaway as Regional Directors


January 26, 2012 - ORLANDO, FL

The Newport Group, a leading national provider of retirement and executive benefit plans, announced that it has appointed Monica Elvira and William Callaway as Regional Directors.

Ms. Elvira and Mr. Callaway will develop business relationships and identify market opportunities to promote the sale of Newport's retirement plan administration services to third-party intermediaries. Both will report to Dennis Sain, Newport's Senior Vice President, Retirement Services.

"Monica and William bring more than 30 years of combined experience in financial and retirement services," Sain said. "With their proven record of success, they will establish strong and enduring relationships with our clients and enhance Newport's rapidly expanding retirement services business."

Prior to joining Newport, Ms. Elvira spent nearly a decade in sales with J.P. Morgan, where she was responsible for marketing bundled recordkeeping retirement solutions and cultivating new business partnerships. Previously, she held positions with such organizations as Deutsche Bank and Merrill Lynch. Ms. Elvira earned her bachelor's degree in policy studies and Spanish from Dickinson College in Pennsylvania. She also holds an honors certificate in Spanish business from the Universidad Complutense de Madrid, and holds FINRA Series 6 and 63 registrations as well as her Accredited Investment Fiduciary (AIF) designation.

Mr. Callaway was most recently with Mercer, where he was principal and market leader for mid-market sales. He was responsible for marketing bundled outsourcing services to mid-market defined contribution plan sponsors. He previously held positions with such organizations as Wachovia Bank and SunTrust Bank. Mr. Callaway attended Auburn University and Shorter University in Rome, GA, earning his bachelor's degree in accounting from Shorter. He also holds FINRA Series 7 and 63 registrations.

About The Newport Group
Founded in 1984, The Newport Group is a leading retirement services firm -- specializing in the creative design and administration of retirement and executive benefit plans as well as investment and fiduciary consulting services. Through its innovative and customized solutions, Newport is uniquely positioned to satisfy the distinct financial needs of employers and employees, and has done so for hundreds of the country's largest and best-known companies.

Newport is headquartered in Heathrow (Orlando) FL, with service centers in Charlotte NC, Dallas TX, Greensboro NC, La Crosse WI, Richmond VA, St. Louis, and St. Petersburg FL. Newport also has offices in Atlanta, Boston, Cincinnati, Denver, Los Angeles, New York NY, and San Francisco. For more information, visit www.newportgroup.com.

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CONTACT:
Geraldine O'Brien
VP, Communications
PHONE:407-333-2905
CELL: 908-209-8727
E-MAIL: Email Contact
WEBSITE: www.newportgroup.com

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