The Ohio Public Employees Retirement System Board of Trustees welcomed a new member last week and is conducting a special election for one open position.
Robert Smith joined the OPERS Board as an investment expert assigned by State Treasurer Josh Mandel. It is Smith’s second time on the Board. From 2004 to 2007, Smith served as an investment expert appointed by Governor Bob Taft. Smith is president and chief executive officer of Spero Smith Investment Advisers, is a member of the CFA Institute and holds an MBA from Duquesne University.
Also at last week’s meeting, the Board voted longtime member Cinthia Sledz as chair of the Board and elected Sharon Downs, also a member for many years, as vice chair. Sledz represents miscellaneous employees. Downs is a retiree representative.
Meanwhile, Kimberly Russell has announced her resignation as college/university employee representative to the boards of OPERS and Ohio Deferred Compensation. Russell’s departure has created a vacancy that, by Ohio law, will be filled by an individual selected by the remaining members of the Board of Trustees.
Members interested in serving in this position are encouraged to apply. Applicants must:
- Be an OPERS member, currently employed by a state college or university in Ohio. Beneficiary recipients, those currently contributing to an Alternative Retirement Plan and disability recipients are not eligible.
- Anticipate spending about 40-50 working days each year on OPERS and Ohio Deferred Compensation-related business.
- Be able to attend monthly board meetings.
- Agree to serve for the completion of this term, which extends to Dec. 31, 2014.
Click on this link to view a job description and for further information on the application process. Applications are due by March 1, and the OPERS Board will elect the new member at the April meeting. The new member’s first Board meeting will be in May.