The village expects to select a firm at its Aug. 4 board meeting.
The new global chief investment strategist has been with the firm for more than 10 years.
The team’s new manager has been with Callan since 2008.
The city received five proposals in response to a retirement plan provider RFP issued in September.
The chief investment strategists work with the firm’s investment team in equities, fixed-income, multi-asset and alternatives to build its economic and markets views.
The deferred compensation plan replaced its emerging markets large-cap core equity manager, which had been on watch since January 2022.
The new head of real estate has been with the fund for three years.
The township expects to award a contract by July 1.
The search follows the departure of Deputy Executive Director of Investments and CIO Matthew Worley on March 31.
The deferred compensation plan hired an active domestic core fixed-income manager to complement its U.S. bond option today.