Boeing’s Elizabeth Tulach Soars as 2023 CIO of the Year
The investment chief received the honor at CIO’s Industry Innovation Awards ceremony.
Newsmakers
CAIA Association Appoints Current EVP John L. Bowman as President
The promotion is effective in early 2024, as current president William Kelly will step down but retain his status as CEO.
CIO Announces 2023 Industry Innovation Award Winners
The allocators driving change and enhancing institutional fund performance and the service providers driving innovation in institutional investing were recognized at the annual Industry Innovation Awards dinner.
Chris Ailman Wins CIO’s 2023 Lifetime Achievement Award
The CalSTRS investment chief, a masterful financial strategist and well-regarded collaborator with peers, receives the honor at CIO’s Industry Innovation Awards.
New York Comptrollers Call Out eBay for Removing Unionization Language
The company removed from its human rights policy statement a passage pledging to respect workers’ rights to unionize after workers at a subsidiary voted to form a union.
Acting CEO to Lead New Zealand Super
Paula Steed, general manager of strategy and shared services, will follow Matt Whineray and serve as acting chief executive of the $41.2 billion fund.
Norges Bank, AP7 Named Co-Lead Plaintiffs in Silicon Valley Bank Lawsuit
The institutional investors lost a combined total of nearly $162 million from investments in the bank’s holding company, SVB Financial Group.
Princeton Names Vincent Tuohey Next Endowment President
Tuohey will take over at PRINCO when Andrew Golden retires next year.
Illinois SURS Hires Michael Schlachter as New CIO
Schlachter will replace Doug Wesley, whose retirement was announced recently.
Investment Chiefs Remember Byron Wien, Legendary Wall Street Seer
Famous for his predictions, the celebrated investing strategist died at 90.
Illinois SURS CIO Doug Wesley to Retire
A replacement is expected to be named in November to allow for a transition period before Wesley’s departure in March 2024.
Words of Wisdom
The Class of 2023 Knowledge Brokers draw on their collective decades of experience and offer actionable advice for success (investment and otherwise) in tumultuous times.
Favorable Economic Conditions Fuel Q3 Rise in Annuity Sales
Registered index-linked annuity sales hit a new quarterly record at $12.6 billion.
No Reason Given for Departure of Investment Chief at Yale New Haven Health
Finance veteran Scott Lupkas, on the job just 21 months, had been at Raytheon and the UAW.
CEO of UK’s Pension Protection Fund to Depart by Year’s End
Oliver Morley will become CEO of the U.K.’s Money and Pensions Service.