A top executive is leaving American Century [profile] as two units consolidate.

Last month Adam Sokolic, senior vice president and head of retirement and client marketing, left the Kansas City-based mutual fund shop. Our sister publication 401kWire broke the news last week.

"We moved the marketing group under Glenn Casey," Laura Kouri, a spokeswoman for the company, tells 401kWire.

Casey, senior vice president and global head of products at American Century, and Peter Cieszko, senior vice president and chief client officer, did not return calls for comment.

Sokolic declined to comment on his departure but confirmed that he plans to stay in the industry. He is an alumnus of Penn State who joined American Century two years ago after working in LPL's retirement partners unit. He also worked at NRP (which LPL bought), Corcoran Consulting & Coaching, Star Power Systems, and ADP. 

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