Richard Monaghan joined Putnam Retail Management in 1998 and he currently serves as the president of Putnam Retail Management LP. Monaghan is responsible for managing the sales and marketing activities for all of Putnam’s retail businesses including mutual funds, insurance products, and alternative investments, as well as Putnam’s telemarketing, client service organizations, and the mid-market 401(k) business. In addition, he is responsible for communications for all of Putnam investments.
Monaghan serves as a member of Putnam’s Executive Board of Directors and Advisory Council, and is a partner with Putnam’s parent company, Marsh &McLennan. Prior to joining Putnam, he worked for 13 years at Merrill Lynch, where he held the title of managing director and the head of U.S. institutional client division from 1995 to 1998.
A fourth-generation Irish American, Monaghan is a contributor to the American Ireland Fund. He received his bachelor’s degree from Princeton University. He is married with two children and lives in Boston, Massachusetts.