Financial Services Industry People in the News

Dave Remstad will become vice president and chief actuary of Northwestern Mutual on Nov. 1. Remstad is currently vice president – specialty markets with Northwestern Mutual. In his new role he will lead the department’s staff of 120 people in developing and pricing products, recommending dividend actions and establishing sound policy reserves. 

Colin Lancaster, president and chief operating officer of Stark Investments, was one of three Milwaukee area business leaders nominated to be elected as a new member of the Metropolitan Milwaukee Association of Commerce’s board of directors.  The MMAC board will consider the nominations at its meeting on Monday, Oct. 27.

Gary Hermsen was recently hired by Green Bay-based Cornerstone Business Services as a business transaction advisor. Prior to joining Cornerstone, Hermsen was an owner and operating partner of Precision Paper Converters, a Kaukauna-based manufacturing company represented by Cornerstone. He worked with Cornerstone when PPC chose to sell off one of its divisions. Hermsen’s focus will be on manufacturing, with an emphasis on the paper industry in the Fox Valley area.

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