Leadership
Read through our annual report, or newsletters and you’ll see a story of customer-focused change in an organization that has won four Governor’s awards in 27 months for significant improvements in customer service.
One would be hard-pressed to overestimate the long hours and dedication offered up by INPRS employees in re-engineering both processes and thinking as we evolved into a fully customer-focused organization.
As we move forward, we’re committed to holding the ground we’ve gained with a continued focus on the values of Mission, Results and Accountability.
Mission
We advance the achievement of retirement security for current and future retirees and beneficiaries through our delivery of operational and investment excellence, exemplary customer service and trusted stakeholder communication.
Results
We understand that a mission or simple phrase is meaningless without real and significant results. INPRS will continue its dedication to prudent management and excellent customer service with results that are measured and managed.
Accountability
As we are privileged to work in public service, we recognize that we must hold ourselves accountable to those we serve, including our members, employers and Hoosier taxpayers. We will focus each day on delivering on our commitments to those who are depending on us for their future.
Background
HB1205, passed in the 2010 legislative session, required the joint boards of PERF and TRF to appoint a common Executive Director. Pursuant to HB1205, Russo was appointed as the common Executive Director for PERF and TRF on May 10, 2010. Russo had been TRF's Executive Director since 2008. He is a graduate of Purdue University. His career has included leadership roles with the Naval Avionics Center and technology company Thomson.
Leadership Structure
Governor
- Mitch Daniels
Executive Director
- Steve Russo
Senior Management
- Steven Barley
Chief Operations Officer & Deputy Director - David Cooper
Chief Investment Officer - Donna Grotz
Director of Strategic Initiatives and Administration - Jeff Hutson
Chief Communication Officer - Julia Pogue
Chief Financial Officer - Teresa Snedigar
Director of Internal Audit - Andrea Unzicker
Chief Legal and Compliance Officer
Board of Trustees
Appointed by the Governor by July 15, 2011, the board consists of the following:
- One (1) trustee must have experience in economics, finance, or investments.
- One (1) trustee must have experience in executive management or benefits administration.
- The Director of the Budget Agency, or his designee, shall serve on the Board.
- Two (2) trustees must be nominated by the Speaker of the House of Representatives, as follows:
i. One (1) must be an active or retired member of the 1977 Fund.
ii. One (1) must be a TRF member with at least ten (10) years of creditable service. - Two (2) trustees must be nominated by the President Pro Tempore of the Senate as follows:
i. One (1) must be a member of PERF with at least ten (10) years of creditable service.
ii. One (1) must be a member of TRF with at least ten (10) years of creditable service. - The Auditor of State, or his designee, shall serve on the Board.
- The Treasurer of State, or his designee, shall serve on the Board.
The members of the Board of Trustees are:
- Ken Cochran - President
President
Hamilton Southeastern Utilities, Inc. - Greg Hahn - Vice President
Chief Investment Officer and President
Winthrop Capital Management - Allen Clark
Retired Police Officer
Former Mayor of Vincennes - Chris Ruhl
Director
Office of Management & Budget - Bret Swanson
President
Entropy Economics - Cari Whicker - Secretary
Teacher
Riverview Middle School
Additional Board Information
Board Meeting Dates:
- February 18, 2011
- April 29, 2011
- June 24, 2011
- September 16, 2011
- October 21, 2011
- December 16, 2011
NOTE: Meeting dates and times are subject to change.
