Cain Hayes to Join Nationwide Financial Retirement Plans

  
    
  
  
    
      Nationwide Financial Services, Inc. (NYSE: NFS), has selected 
      Cain Hayes to lead its bundled retirement plan services.
    
    
      Hayes joins Nationwide after 17 years with The Principal Financial Group 
      where he most recently served as vice president of operations for the 
      company’s large-plan retirement business. Prior to that role he served 
      as the vice president and national sales director of its small-plan 
      retirement business.
    
    
      “Cain’s extensive experience and successful track record in operations 
      and sales leadership will be tremendously valuable to our organization,” 
      said Bill Jackson, president of Nationwide retirement plans. “We realize 
      that there are many plan sponsors and investment professionals that 
      prefer this model and Cain’s focus on this market will allow us to meet 
      these sponsors’ needs while continuing to serve the wider market through 
      our network of highly experienced local administrators.”
    
    
      In his new role, Hayes is responsible for leading Nationwide’s existing 
      bundled retirement plan operations where he’ll work to design long-term 
      solutions and deliver products and services that meet the needs of those 
      employers who, with their investment professionals, determine their 
      plans’ needs are best met by a bundled provider. Nationwide plans to 
      continue growing its bundled business alongside its very successful 
      unbundled service model, providing investment professionals and plan 
      sponsors with two first-class options.
    
    
      “The expansion of our bundled service offering will complement our 
      existing and strong distribution model built around our partnerships 
      with some of the industry’s best third-party administrators. Under 
      Cain’s leadership, we will now be able to meet the needs of plans 
      seeking bundled solutions while maintaining our focus on helping our 
      direct distribution partners grow their businesses,” said Jackson.
    
    
      Hayes earned his bachelor’s degree in business administration from Drake 
      University and an MBA from Webster University. He holds Chartered 
      Financial Consultant and Certified Employee Benefit Specialist 
      designations.
    
    
      Hayes, his wife and two children will relocate to Columbus, Ohio from 
      their current home in Des Moines, Iowa.
    
    
      About Nationwide Financial
    
    
      Nationwide Financial Services, Inc. (NYSE: NFS), a publicly 
      traded company based in Columbus, Ohio, provides a variety of financial 
      services that help consumers invest2 and protect their 
      long-term assets, and offers retirement plans and services through both 
      public- and private-sector employers.
    
    
      It’s part of the Nationwide group of companies, which offers diversified 
      insurance and financial services. The group is led by Nationwide Mutual 
      Insurance Company, which is ranked No. 108 on the Fortune 500 based 
      on 2007 revenue3. For more information, visit www.nationwide.com.
    
    
      Nationwide, Nationwide Financial, the Nationwide Framemark and On 
      Your Side are federally registered service marks of Nationwide Mutual 
      Insurance Company.
    
    
      1 Advisor Needs Assessment Research sponsored by Nationwide, 
      May 2008.
    
    
      2 Nationwide Investment Services Corporation, member FINRA. 
      In MI only: Nationwide Investment Svcs. Corporation.
    
    
      3 Fortune Magazine, April 2008