Investment officer will source, research and conduct due diligence on private equity investments for the plan.

Plan currently works with general investment consultant Innovest Portfolio Solutions.

Plan promoted its deputy cio to replace Robert Clark, who submitted his intent to resign in April.

Plan’s board committed $130 million to a private equity energy fund and was notified of an additional private equity commitment this week.

Plan’s board considered terminating an emerging markets value equity manager and disclosed several alternative commitments and manager terminations last month.

New executive director was selected over three other semifinalists following interviews this week.