The Newport Group, a provider of retirement and executive benefit plans, has appointed Rob Schaffernoth as new vice president, Retirement Services.

In this newly created position, Schaffernoth will work with Newport staff across multiple locations to develop and deploy a variety of new business process management initiatives – helping to ensure that Newport’s current qualified retirement plan operations remain on the cutting edge of the industry.

Prior to joining Newport, he was a principal in Sungard’s wealth management global services. He also served as director of operations at Invesco, where he developed plan enhancements and improved functionality to ensure that large qualified retirement plans met agreed-on service levels.

Newport senior vice president, retirement services Dennis Sain said that retirement plan services operations increase in size and scale, Rob will help Newport find proactive ways to ensure that the operations maintain their high level of service and customer focus.