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Putnam Investments expands retirement sales team

Putnam Investments is continuing to expand its sales team in an effort to meet a growing demand from 401(k) sponsors and their advisors. The firm indicated that additional hires are expected in the sales and service areas in the months ahead.

Steven McKay joins Putnam from Hartford Retirement Services and will serve as Regional 401(k) Sales Director for New England and Upstate New York. Also, Joseph Kaplan, previously with ADP Retirement Services, has been hired as Regional 401(k) Sales Director for New York City and surrounding areas, as well as New Jersey. McKay and Kaplan will be based in Boston and New York City, respectively.

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