Michael Westhoven

Experience

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  United States Air Force

  Mar 1989 - Dec 1993

  Aircraft Maintenance Officer

  Decorated Air Force Captain. Managed war and peace time flight line operations and was deployed to forward location in preparation for and in support of the first Gulf WarOfficer / Aircraft Maintenance — Responsible for all personnel, aircraft, supplies and equipment required for meeting flying demands in peace time or during times of war including deployment, support on location and re-deployment. • Controlled night shift of 173 people; scheduled and met intense flying demands of Gulf War-determined airworthiness and maintenance priorities on 22 B-52 bomber & 10 refueling aircraft; not a mission missed. • Managed 180 people and 19 KC-135R aircraft in a demanding production environment with P&L responsibility of $1.5 M maintaining Air Force-high of 95% equipment reliability rates. Show less

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  Circuit City

  Jan 1994 - Jan 1999

  Manager/Internal Consultant

  Manager/Internal Consultant — Held a number of field positions before moving to Headquarters where I provided on-site business analytics on inventory management, distribution and workflow. Led HQ team dispatched to national “hotspots” to resolve inventory and backlog emergencies. Contributions to savings and productivity were recognized when named as Service Division Support Associate of the Year in 1998.

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  GE Capital

  Nov 2000 - Sept 2002

  Six Sigma Master Black Belt

  Quality leader for Product and Financial groups with over 75 projects completed directly or as mentor in 2 years. Projects released $236 million in capital and generated $17 million in net income through expense reduction or efficiencies.

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  GE Capital

  Dec 2002 - Jul 2006

  Vice President Annuity Product Managment

  Vice President / Fixed Annuity Product Manager — Product leader for $30B inforce block of Fixed Deferred Annuities, Fixed Immediate Annuities & Structure Settlements with responsibilities for new product development, launch, and pricing. Captured $6B in total sales over three years growing Fixed Deferred Annuity sales year to year through expanded distribution into new channels with customized proprietary designs.

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  Genworth

  Jan 2005 - May 2012

  VP Institutional Retirement Group

  Vice President / Product Leader – Hand-picked to launch the complex marriage of lifetime income investments to defined contribution plans based on breadth and depth of product and system knowledge, leadership skills, and execution focus. Was key leader in building industry standards to ease adoption. Industry leader in lifetime income product integrating product on 8 recordkeeper platforms supporting 50 plan launches and 40% growth.

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  DST Systems

  Apr 2012 - Jul 2018

  Business Leader Retirement Income Solutions

  Vice President / Income Products – Led product development, sales and strategy for Retirement Income Solutions. Provided expertise and leadership on the confluence of in-plan lifetime income design, administration, compliance and connectivity. Responsible for product roadmap, program execution and delivery of new solutions and enhancements. Provided thought leadership with industry presentations, webinars and testimony to regulatory agencies. DST recognized as market-leading income middleware solution and is sole distribution platform for best-selling defined contribution income product. Show less

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  Consulting

  Jul 2018 - Jan 2020

  Retirement Product & Delivery

  Consulting services for designing and delivering retirement security within or outside of defined contribution plans. Providing hands-on expertise on the convergence of product design, technology and product/plan administration to asset managers, technology providers, insurers, plans, and administrators.

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  Micruity

  Jan 2020 - now

  Product Leader

  Product and industry expert on eliminating the barriers to make retirement solutions better, more accessible and more portable. Micruity is unlocking actual retirement benefits from their number one source of retirement savings, defined contribution plans.

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  TIAA

  Jul 2021 - now

  Managing Director - Sales Implementation & Business Development