Short Takes: Keyport Appoints 3Annuities Executives

Keyport Life Insurance Co., a Boston-based annuities vendor, announced three executive appointments last week.

Stephen Bonner, 51, a senior vice president, was put in charge of distribution and customer service for all Keyport products and for corporate communications. He reports to John Rosensteel, president and chief executive officer.

Mark R. Tully, 41, was named senior vice president and chief sales officer, reporting to Mr. Bonner.

Garth A. Bernard, 37, joined the company as vice president of product development. He was previously vice president and chief actuary at Northern Life of Seattle, a unit of ReliaStar Financial Corp. Earlier, he held executive positions at Providian Capital Management and Transamerica Life Cos.

Mr. Bernard reports to Paul LeFevre, executive vice president of strategic planning.

In a prepared statement, Mr. Rosensteel said the changes reate "a more cohesive structure among our distribution, client services, product management, and sales functions for fixed, indexed, and variable products."

Keyport, with $15.3 billion in annuity assets, is a unit of Liberty Financial Cos.

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