Watson Wyatt Worldwide Appoints Jim Shaddy Director of Retirement Consulting in North America

WASHINGTON, April 15 /PRNewswire-FirstCall/ -- Watson Wyatt Worldwide, a leading global consulting firm, announced today the appointment of Jim Shaddy as director of retirement consulting services in North America, effective immediately. In this role, he will have overall responsibility for managing and driving growth within the firm's retirement consulting business throughout North America.

Shaddy has been with Watson Wyatt for 11 years and served as the Central Division retirement practice leader for the last six years. He has more than 20 years of consulting experience in all aspects of corporate retirement programs, including plan design, financial management and plan administration. He is an associate in the Society of Actuaries, a member of the American Academy of Actuaries and an enrolled actuary under ERISA.

"Jim has done an outstanding job of strengthening our retirement consulting practice and expanding business in the Central Division," said Kevin Meehan, North American regional manager at Watson Wyatt. "His leadership abilities and his successful track record make him the ideal candidate for this important role."

"We are delighted that Jim has agreed to accept this leadership position," said Gene Wickes, global director of benefits consulting at Watson Wyatt. "Jim's extensive knowledge of North American retirement systems and many years of helping employers with their retirement programs will be a tremendous asset in our abilities to meet client needs in the future."

About Watson Wyatt Worldwide

Watson Wyatt is the trusted business partner to the world's leading organizations on people and financial issues. The firm's global services include: managing the cost and effectiveness of employee benefit programs; developing attraction, retention and reward strategies; advising pension plan sponsors and other institutions on optimal investment strategies; providing strategic and financial advice to insurance and financial services companies; and delivering related technology, outsourcing and data services. Watson Wyatt has 7,000 associates in 32 countries and is located on the Web at http://www.watsonwyatt.com/.