He was previously chairman of the San Antonio Police and Fire Pension Fund.
The firm has appointed two Co-CIOs as replacements.
The plan had concerns over its search process and will utilize outside help.
He will lead fundraising for PennantParkās private vehicles.
He will be responsible for spearheading business development for the systematic investing business.
New member leads products for retail, institutional, defined contribution and insurance channels at Franklin Templeton.
Firm will bring its $85 billion in assets under advisement to CAPTRUST.
Appointee oversees banking and lending services for endowments and foundations.
New chair was formerly an executive at AIG.
Both two-year terms began July 1.