Board of Directors

Howard Fluhr

howard_fluhrMr. Fluhr joined The Segal Group in 1969 and served as President and Chief Executive Officer from 1994 through 2005. He has been Chairman since January 1, 2006, and has been a member of the board since 1987.

Mr. Fluhr has been, and continues to be, consultant to both publicly held and private organizations. In addition to consulting on retirement plan and health benefits issues, he is often called on by senior management and boards to participate in the development of total compensation and human resource strategies as a key element of overall business issues. Mr. Fluhr also works with boards to improve and enhance governance, particularly in privately held organizations.

A cum laude graduate of New York University, Mr. Fluhr earned a bachelor's degree in mathematics and philosophy. He is a Fellow of the Society of Actuaries, a Fellow of the Conference of Consulting Actuaries, a Fellow of the Canadian Institute of Actuaries, a Member of the American Academy of Actuaries and the International Actuarial Association, and an Enrolled Actuary.

Mr. Fluhr has been a member of the Board of Trustees of the Employee Benefit Research Institute (EBRI) since 1994 and was Chairman of that board for two years. He has served as a board member and vice president of the Conference of Consulting Actuaries and as a Board member of the American Academy of Actuaries, for which he also served as vice president of its pension council. He is a member of the National Academy of Social Insurance and The Economic Club of New York. He is also a trustee of the Committee for Economic Development.

Mr. Fluhr has spoken before many professional and industry groups, including the National Association of Corporate Directors, the National Academy of Social Insurance, the Society of Actuaries, the American Academy of Actuaries, the Enrolled Actuaries Meeting, and the International Foundation of Employee Benefit Plans, as well as participating in teaching classes at the graduate level at the Harvard School of Business. He has testified before a Presidential Commission on public policy issues related to retirement.

In addition, Mr. Fluhr is the author of numerous articles on human resource and employee benefits issues.

J. Tim Biddle

Vice Chairman

Tim BiddleMr. Biddle is Vice Chairman is a member of Segal’s Board of Directors. Since joining Segal in 1979, Mr. Biddle has assisted multiemployer and public sector clients. His specific areas of expertise include benefit strategy and design and financing. Mr. Biddle graduated from Colorado State University, and has done graduate work in Business and Public Administration at the University of Richmond in Virginia.

David Blumenstein

SVP, National Multiemployer Market Director

david_blumensteinMr. Blumenstein is a Senior Vice President and the National Director of the multiemployer market. During his 25 years with Segal, Mr. Blumenstein has served as consultant to numerous multiemployer funds, including health and welfare plans, defined benefit pension plans, and defined contribution pension plans. His current clients include a range of multiemployer plans and international union plans. Mr. Blumenstein serves on The Segal Group’s Board of Directors, the Multiemployer Leadership Group and is a member of Segal’s senior management team. His responsibilities include firm-wide oversight of short-and long-term strategy as well as development and coordination of all multiemployer consulting services. Mr. Blumenstein also oversees Segal Communications and Segal Select Insurance.

Prior to joining Segal, Mr. Blumenstein worked for a major insurance company in all areas of employee benefits. Mr. Blumenstein joined Segal’s Washington, DC office in 1988 as a Benefits Consultant, was appointed a Vice President in 1994, and Senior Vice President in 1997. He served as Office Head for the Washington, DC office of Segal until 1999 when he became National Director of Multiemployer Consulting.

Mr. Blumenstein graduated magna cum laude from the University of Michigan with a BA in Philosophy.

Merril S. Delon

Ms. Delon was elected as an outside director to Segal on May 13, 2006. Prior to her retirement in 2004, Ms. Delon worked at Buck Consultants for over 30 years. During that time she served on the Board of Directors of Buck Consultants from 1988 until 2003. She was the National Director of the US Retirement Practice for Buck from 1997 until her retirement during which she was responsible for product development, actuarial systems, professional development, and marketing, sales and profitability of the practice. She was on Buck's Executive Management Team and was the Director of Knowledge from 1999 until 2003. During her career, Ms. Delon worked as a Consulting Actuary and Account Executive with a variety of clients including several Fortune 500 and smaller corporations. She is an Associate of the Society of Actuaries, an Enrolled Actuary and a Member of the American Academy of Actuaries, and graduated in 1971 from Douglass College of Rutgers University with a Bachelor of Arts in Mathematics.

John DeMairo
President and Chief Executive Officer

John DeMairoMr. DeMairo is the President and Chief Executive Officer of Segal Rogerscasey and has over 25 years of investment consulting experience. He is located in the firm’s New York office and also serves on the Board of Directors for The Segal Group.

In addition to his management responsibilities, Mr. DeMairo serves as lead investment consultant to several major multiemployer, public and corporate plan sponsor clients, providing consulting services and expertise to defined benefit, defined contribution and other types of investment programs. He provides expertise in the development of investment strategies, the selection of investment managers and the measurement and evaluation of investment performance.

Mr. DeMairo is a magna cum laude graduate of St. John’s University, where he received a BS in Quantitative Analysis in 1985 and an MBA in Finance in 1988. Mr. DeMairo is a member of the Investment Management Consultants Association (IMCA) and the International Foundation of Employee Benefit Plans (IFEBP). He is a regular participant in the American Federation of Labor and Congress of Industrial Organizations’ (AFL-CIO) Investment Consultant Advisory Board.

John Flynn
SVP, Regional Manager - East

John FlynnMr. Flynn joined The Segal Group's Hartford office as a Benefits Consultant in 1989. He was appointed a Vice President in 1993, Head of the Hartford office in 1995, a Senior Vice President in 1998, Head of the Hartford and Boston offices (New England) in 1999, Regional Leader of the East in 2005, and a member of Segal's Senior Management Team in 2006.

He has been extensively involved in providing consulting services in the health, flexible benefits, and retirement areas. Mr. Flynn serves as consultant to a number of public sector entities and collectively bargained health, pension, and annuity funds.

Mr. Flynn received an MA in Economics from Trinity College (Hartford, CT) and received both a BS and an MBA in Insurance and Finance from the University of Hartford. He attended the Harvard Business School's Executive Education Program and is a Certified Employee Benefit Specialist. Mr. Flynn is also licensed as a Certified Life/Health Insurance Consultant and Broker.

Mr. Flynn is Past President of the Southern New England Chapter of CEBS. He is a member of the New England Employee Benefits Council, the International Society of Certified Employee Benefit Specialists, the Connecticut Conference of Municipalities, and the Government Finance Officers Association.

Ann D. Gineo, FSA, MAAA, EA
SVP, Actuary

Ann GineoMs. Gineo joined Sibson Consulting's Hartford office in 1993 as an Actuarial Manager, utilizing 30 years of actuarial experience to serve public sector and corporate clients. Ms. Gineo was appointed a Vice President in 1994 and a Senior Vice President in 2005. She was elected to Segal’s Board of Directors for a three-year term in 2006. She was re-elected for another three-year term in 2009.

Ms. Gineo served as a member of the Advisory Committee to the Joint Board for the Enrollment of Actuaries from 1996 to 2007. She currently serves on the Society of Actuaries Pension Section Council. Before joining Sibson Consulting, Ms. Gineo was employed by Aetna Benefit Consulting Services, an operating unit of Aetna Life Insurance Company.

Ms. Gineo received an MA in Mathematics from the University of New Hampshire and a BS in Mathematics from the University of Vermont. She is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and an Enrolled Actuary.

Myrna Hellerman
SVP, Sibson Midwest Region Leader

Ms. Hellerman helps companies improve business results through the design and implementation of innovative, effective, and sustainable people strategies. She frequently serves Board Compensation Committees as an Independent Advisor.

Ms. Hellerman has particular expertise with the human capital management and governance challenges that are precipitated by a major financial transaction (e.g., IPO, spin-off, merger, private equity buy-out). She has served over 100 publicly traded and privately held organizations from a wide variety of industries, including insurance, brokerage, financial services, private equity, hedge funds, real estate, health care, hospitality, retail, technology and manufacturing.

Prior to joining the company in 1994, Ms. Hellerman was the Chief Human Resource Executive for Hyatt Corporation, an international corporation with more than 50,000 employees. At Continental Bank, she was the Vice President responsible for the global compensation and benefits functions. At Hewitt Associates, she led both domestic and international total compensation assignments. Ms. Hellerman's professional background also includes several faculty appointments.

Ms. Hellerman received an MBA from the University of Chicago, and an MA and a PhD in Spanish and Portuguese from Stanford University. She graduated Phi Beta Kappa with a BA in Science and Mathematics from the University of Michigan, was a Fulbright scholar in Peru, and completed academic studies in Mexico and Argentina.

Ms. Hellerman has authored articles and commentary published in such publications as the Wall Street Journal, Business Finance,, the Handbook of Business Strategy, Human Resource Executive, Financial Executive, and the WorldatWork's Workspan.

Eugene J. Keilin

Mr. Keilin was elected as an outside director to The Segal Group's Board of Directors on February 1, 2000. He has extensive experience in public service, investment banking and financial services. Before founding Keilin & Co. LLC (an investment banking firm) and KPS Special Situations Funds (a family of private equity funds), he was a general partner of Lazard Freres & Co. where he provided financial advice to major cities and the State of Illinois as well as a number of corporate and union clients. Mr. Keilin also served as Executive Director and later as Chairman of the Municipal Assistance Corporation for the City of New York. He has advised both the United Steelworkers of America and the AirLine Pilots Association on a variety of issues, including the acquisition of United Airlines by its employees and the creation of Weirton Steel Corporation by a joint labor management committee. Mr. Keilin is a graduate of Rice University and Harvard Law School. He was formerly Chairman of the Citizens Budget Commission of the City of New York, and is a Trustee of the Brooklyn Museum, and a Director of Concern Worldwide U.S., Inc.

Joseph A. LoCicero, JD

President and CEO

Joe LoCiceroJoseph LoCicero joined The Segal Group in 2005 and was appointed CEO on January 1, 2006. He is a recognized expert on multiemployer pension issues and has worked extensively in all of the markets in which Segal provides consulting and actuarial guidance. Mr. LoCicero previously served as President, CEO, and Chairman of a major actuarial and human resources consulting firm.

Mr. LoCicero is a Member of the American Academy of Actuaries, a Fellow of the Conference of Consulting Actuaries, an Enrolled Actuary, and is admitted to the Bar in the states of New Jersey and New York. He received a BA in Mathematics from Hunter College and a JD from New York Law School. He is a former Board Member of the Employee Benefits Research Institute (EBRI), was designated a “Superstar” in the Human Resources field by HRO magazine, and is a recipient of the “Good Neighbor” award from Howard University. Mr. LoCicero was elected to the Board of Trustees of the National Labor College in 2011.

Andrew D. Sherman
SVP, Benefits Consultant

Andrew ShermanMr. Sherman joined The Segal Group in 1986. He became a Vice President in 1993 and a Senior Vice President in 1998. In 2000, Mr. Sherman was appointed Head of the Boston office. He also manages Segal's multiemployer and public sector consulting for Segal's New England offices. He currently serves as the National Practice Leader for Segal's health consulting in the multiemployer market, and was elected to Segal’s Board of Directors in 2006. He was re-elected for another three-year term in 2009.

Mr. Sherman provides consulting services to public and private health and pension benefit plans, and works with many corporations, universities, and non-profit entities as well as numerous collectively bargained health, pension, and annuity funds. Additionally, he consults to several large public sector employee benefit plans and State health plans.

Mr. Sherman has vast experience consulting on health benefit plans, work/life benefit plans, and defined benefit and defined contribution retirement plans. His consulting expertise includes total health management, prescription drugs, retiree health initiatives, Medicare Part D, plan design, and health care reform. Mr. Sherman has conducted feasibility studies, cost analyses, and implementation of innovative employee benefit programs, including the extension of benefit programs to include employees' domestic partners. He frequently offers guidance on the initial design and redesign of retiree health benefits and Total Health Management initiatives.

Mr. Sherman has been widely quoted in both the benefits press and general press, including the Boston Globe, The New York Times, and The Wall Street Journal. He has written a number of articles on current employee benefit issues. Mr. Sherman has spoken on these issues across the country, at several universities, before the Massachusetts Bar Association, and has made presentations at numerous employee benefit seminars and national conferences. He has also testified before the Massachusetts State House and the Boston City Council. Mr. Sherman was elected in 2000 to the Board of Directors of the New England Benefits Council and in 2008 was elected as its President.

Mr. Sherman holds a BA in Economics, magna cum laude, from Brandeis University and a Masters in Public Policy with a concentration in Health Policy from The John F. Kennedy School of Government at Harvard University.


Ricardo M. DiBartolo
SVP, Treasurer and Chief Financial Officer

Margery Sinder Friedman, Esq.
SVP, Secretary and General Counsel

Howard Fluhr

Joseph A. LoCicero
President and Chief Executive Officer

J. Tim Biddle
Vice Chairman


Robert D. Krinsky, ASA, MAAA, FCA, EA
Chairman Emeritus

Robert KrinskyMr. Krinsky first joined The Segal Group's New York office in 1954 as an Actuarial Clerk during college work-study sessions and summer vacations. He became a full-time Member of the Actuarial Department in 1956 and served in every Actuarial capacity thereafter.

Mr. Krinsky became a Vice President in 1966, a Senior Vice President in 1971, Executive Vice President in 1978, President in 1982, and Chairman in 1994. He retired as an employee of Segal in 2002, but remains a Consultant and Chairman of the Board. The Board of Directors elected him Chair Emeritus in 2005.

From 1959 until 1961, Mr. Krinsky served as a commissioned officer in the US Public Health Service's National Office of Vital Statistics.

Mr. Krinsky is a graduate of Antioch College (Yellow Springs, OH), where he received a BA in Mathematics. He has also done graduate work in Mathematics at New York University.

Mr. Krinsky is a member of the executive committee (and past chairman) of the Board of Directors of the American Benefits Council. Mr. Krinsky is an Associate of the Society of Actuaries, a Member of the American Academy of Actuaries, and an Enrolled Actuary.

Mr. Krinsky is past chairman of the Board of Trustees of Antioch University, a member of the Board of Directors and Treasurer of the National Dance Institute, and Immediate Past Chairman of the Board of Directors of Elderhostel. He is also a member of the Board of Musica Sacra, and a Director of Wiss, Janney, Elstner Associates, Inc., Engineers, Architects and Materials Scientists.

Martin E. Segal (1916-2012)

Martin SegalMartin E. Segal founded the Martin E. Segal Company in 1939 and served as its President until 1967, as Chairman from 1967 to 1991 and as Chairman Emeritus until his passing in August 2012. During and after World War II, Mr. Segal was a pioneer in the creation and establishment of health and pension benefits for employees via multiemployer trust funds established through collective bargaining, single-employer benefit plans, and government plans in states, cities and towns.

Mr. Segal was frequently cited in newspapers and magazines as an authority on pension, health insurance and collectively bargained programs. He served as a columnist for the Associated Press and helped to found The Public Interest, a quarterly publication devoted to domestic social and economic issues.

In addition to his role as a benefits expert, Mr. Segal was active in civic affairs. From 1961 to 1970, he was a member of the National Board of the National Urban League. He served on the Board of Hospitals in the City of New York from 1962 to 1970 and subsequently on the Board of the New York City Health and Hospitals Corporation. In 1974, Mr. Segal chaired a committee study on the role of the arts in the economic well-being of the city of New York - the first study of its kind. The committee recommended the first Department of Cultural Affairs of the City of New York, a new agency of the city government. Mr. Segal was appointed the first Chairman of the Advisory Commission for Cultural Affairs of the City of New York in 1975, where he served until 1977. Mr. Segal had a long relationship with Lincoln Center, beginning with his role as Founding President of the Film Society of Lincoln Center in 1968, serving as Chairman from 1981 to 1986 and then as Chairman Emeritus. He was Chairman of The New York International Festival of the Arts from 1985 until its conclusion in 2002; first Chairman of New York City Arts Education Week in 1998; a founding member of the Board of Directors of Public Radio International a founding advisor of the Board of Directors of The Library of America; and a Trustee of the Institute for Advanced Study in Princeton from 1972 to 1991 and then a Trustee Emeritus. He is a former board member of nearly two dozen other cultural and educational organizations, including the Graduate Center Foundation, Inc. of the City University of New York.

Over his long career, Mr. Segal received numerous awards and honors from city, state and foreign institutions, including the New York City Mayor's Award of Honor for Arts and Culture (1982), the Royal Swedish Order of the Polar Star (1984), the New York State Governor's Arts Award (1989), the National Arts Club Medal of Honor (1992), and the Living Landmark Award from the New York Landmarks Conservancy (2005). Mr. Segal was the recipient of honorary doctorates from Pratt Institute (1976), Mannes College of Music (1976), the Graduate Center, City University of New York (1979), Long Island University (1986), New York University (1988), Manhattan School of Music (1999), and The Juilliard School (2006).

To learn more about Mr. Segal’s many accomplishments, please click here.