Transamerica appoints Phil Eckman to the position of President of Workplace Solutions

Transamerica announces the appointment Phil Eckman as President of its Workplace Solutions division and member of the Transamerica Management Board, effective June 1, 2022. Transamerica’s 25-year-old veteran, Mr. Eckman currently serves as the Chief Operating Officer for Workplace Solutions. After 36 years of exceptional leadership, Kent Callahan, the current CEO of Workplace Solutions, will assume the role of Vice Chairman of Workplace Solutions to support Mr. Eckman’s transition and drive core strategic initiatives until the end of 2022, when Mr. Callahan will retire. Both Mr. Eckman, and Mr. Callahan report to Will FullerTransamerica CEO and President.

Kent Callahan joined Transamerica in 1986. He held many leadership positions in the U.S. and international retirement industry including President and CEO Transamerica Latin America, U.S. Mutual Funds and Stable Value Solutions; President Investments and Retirement; and President, Employer Solutions and Pensions. In May 2020In 2015, he was elected CEO of Workplace Solutions. He also played an instrumental role in Transamerica’s acquisitions of Mercer’s U.S. defined contribution business in 2015 and TAG Resources, LLC in 2022.

“We thank Kent for his significant achievements in guiding Workplace Solutions to its current prominent position serving investors, employers, and financial professionals,”  Will FullerTransamerica CEO and President. “We are grateful for the strategic guidance he will continue to provide to Transamerica going forward.”

As President of Transamerica’s Workplace Solutions division, Mr. Eckman will lead the next phase of expansion, continuing its successful growth strategy in employer-sponsored retirement plans, employee benefits, stable value solutions, individual retirement accounts, and the Advice Center.

Phil Eckman has built an impressive portfolio that includes a broad scope of executive leadership roles at Transamerica, including managing distribution, directing Transamerica’s highest level of operations, and innovating to build new lines of business. Mr. Eckman is a proven leader with a keen focus on enhancing the customer experience and surpassing customers’ needs. As Chief Operating Officer for Workplace Solutions, he fostered a customer-centric culture, delivering year-over-year improvements to Transamerica’s services for financial professionals, employers, and customers.

“I am pleased to announce Phil’s elevation to President,” Will Fuller. “Phil knows our business extremely well. He is very familiar with our customers and well respected in the industry. Phil will use his leadership skills and extensive experience in all product lines to help customers achieve financial security for a lifetime. Phil and Kent have worked as partners at Transamerica for decades and will work together to help ensure a seamless transition.”

Phil EckmanTransamerica Retirement Advisors, LLC, serves as the President, and Transamerica Investors Securities Corporation is on its board. He is registered in Series 7, 63 and 24 securities. He holds a J.D. From William Mitchell College of Law, and a B.A. Accounting from Gustavus Adolphus College.

Transamerica assists more than 11,000,000 customers in the U.S. to plan for financial security through insurance, investment, retirement, and other solutions. Aegon, Transamerica’s parent company, is a diversified financial services group that focuses on providing investment, protection, and retirement solutions.

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