US-based Jackson National Life Insurance Company (Jackson) has announced the impending departure of Clifford Jack as executive vice president and head of retail at the end of the year to pursue other opportunities.

Since joining Jackson in 1995 as a senior vice president, Jack has held a series of leadership positions in the firm. For example, he was instrumental in the development of Jackson’s variable annuity product line.

Michael Wells, Jackson’s president and CEO, said: "I personally thank Clifford for his dedication, exceptional leadership and friendship over the past two decades, as well as his many accomplishments and contributions to Jackson’s success."
Greg Cicotte will assume the role of head of US wealth management and distribution, a newly created position that will replace the role held by Jack.

Cicotte currently serves as president of Jackson National Life Distributors LLC (JNLD), the sales and marketing arm of Jackson. In Cicotte’s new role, he will be responsible for overall product, marketing and distribution strategy and execution across all of Jackson’s US businesses. He will report to Wells.

In conjunction with Jack’s impending departure, Jackson announced several other senior management changes.
Among these appointments, Scott Romine has been named president of JNLD, replacing Cicotte.

Romine joined the company in 1997 and currently serves as executive vice president and national sales manager for JNLD. He will report to Cicotte and be responsible for all distribution functions including marketing and sales support of Jackson’s variable, fixed and fixed-indexed annuities.

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Meanwhile, Marc Socol has been named executive vice president and national sales manager of JNLD, reporting to Romine. He will assume responsibility for the direction of all wholesaling activities. Socol currently serves as director of sales for Elite Access, focusing on the development of sales strategies.

Alison Reed has also been named executive vice president of operations for JNLD and will report to Romine.
In this role, Reed will be responsible for the management of Jackson’s product development, marketing, national accounts and business planning functions. She currently serves as senior vice president of product and investment management for JNLD.