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The university selected a firm to serve as retirement consultant for its optional retirement plans and provide fiduciary governance in the fourth quarter following the issuance of an RFP in July.
The foundation has begun a national search for its next president and the current head’s resignation will be effective upon the appointment of a successor.
The nonprofit has been gathering diversity statistics on its managers for years but has not publicly disclosed the figures yet.
The search is part of a periodic review of managers.
Rose Dean joined this firm this week as a senior consultant.
The search is due to the upcoming June 30 of the incumbent.
The duo previously served on River and Mercantile’s industrial life cycle equity team.
The consultant will assist in conducting a record keeper search for the plan this year.
The plan is seeking objective independent investment and administration advice.
The plan rehired its incumbent domestic large-cap value equity manager following finalist interviews at a special board meeting held today.
