The plan hired a consultant for its employee defined contribution retirement program last week, which was previously overseen by the city itself.
He will leave his current position on Oct. 1.
A Rocky Mountain board will not pursue outsourced cio services for its defined contribution plans following the issuance of an RFI.
The plan approved a new $250 million mandate with a REIT manager and announced investment staff promotions.
The previous CEO is staying on as President and Chairman.
He focuses on debt investment originations and capital formation.
The transaction was completed on Jan. 28.
Plan will further discuss a fee proposal with at least one firm before making a selection in a general investment consultant search.
He has served as president and ceo since April.
The fund closed with over $4.8 billion in commitments.