CIO Innovation Awards: Nominations Open Until August 12

Nominate your best asset owners and managers for this year’s 11th awards gala bash.

For 11 yearsCIO has honored the accomplishments of you, the chief investment officers, and your top managers with our Industry Innovation Awards.

On Tuesday, December 7, at New York’s Chelsea Piers, CIO will once again bring together institutional investors and those who provide for them in a glittering evening of celebration.

Now, it’s time to nominate deserving asset owners and asset managers/service providers for this year’s awards. Nominators will remain anonymous. Please submit nominations by Aug. 12.


Since we started these awards in 2010, “innovation” has perhaps become an overused buzzword. While others may confuse innovation with change, we do not: Our goal is to highlight the truly innovative approaches to asset management and asset allocating, separating the merely different from the meaningful.

For example: Our 2019/2020 winner for defined benefit (DB) plans below $20 billion was Jonathan Glidden, chief investment officer of Delta Air Lines, who took the plan on when it was 38% funded (and four times larger than the company’s market capitalization at the time), added strategies that included portable alpha and successful co-investments, and made it well on the way to becoming 90% funded by 2025.

The 2018 winner of the defined contribution (DC) plan category, Bob Hunkeler, CIO of International Paper, became an early adopter of brokerage windows and led his company to be one of the first in the country with a fully unbundled plan with independently awarded investment management, recordkeeping, and custody assignments. Now, the plan offers a nearly limitless choice of investments with a three-tiered investment lineup of balanced funds, asset class funds, a brokerage window, a state-of-the art recordkeeping platform at about one-fifth of the cost, a number of participant-friendly plan design features, and a customized communications program.

When nominating, ask yourself: Who has done something that is truly different, that might have changed the way we think about this business?

What You’ll Need

To submit a nomination, you’ll be asked whether you’re elevating an asset owner or asset manager, as well as the name and title of the person or entity you’re nominating, their location, email address, and what category they fall into.

The asset owner and CIO categories fall into plan size and type, and there are special categories for environmental, social, and governance (ESG) investing; a new category for diversity, equity and inclusion (DE&I); and collaboration. The asset manager categories are separated by type of strategy or service. You can make more than one nomination, and you’ll do this by indicating if you’re done or ready to nominate another. Please feel free to make as many nominations as you’d like.


  1. Finalists for both asset owners and asset managers/service providers will be announced in early September.
  2. The finalists and winners will be chosen by the CIO editorial team in conjunction with an advisory board of former and current CIOs. Some categories (such as investment outsourcing, transition management, and corporate investment strategies) will be judged largely on data collected via the CIO survey system.
  3. The overall “CIO of the Year” award—last given to Ash Williams, chief investment officer of the Florida State Board of Administration (SBA) —will be announced at the dinner, and will be drawn from the winners of the asset owner categories.
  4. The Lifetime Achievement award, which Robin Diamonte, CIO of Raytheon, received last, will be presented at the dinner.

Our Next Generation Award is presented the evening of the awards dinner, following a competitive hotseat panel and audience poll at the CIO Influential Investors’ Forum earlier that day. The candidates are from members of this year’s NextGen series here:

To nominate, please follow the survey directions here. THE DEADLINE TO SUBMIT YOUR NOMINATIONS IS AUGUST 12.

Below is a list of CIO’s past Industry Innovation Award winners in their respective allocation categories, and a link to winning managers and service providers:


2019/2020 Joel Wittenberg
W.K. Kellogg Foundation
2018 Rosalind Hewsenian
Helmsley Charitable Trust
2017 Kim Lew
Carnegie Corp.
2016 Craig Barker
University of Arizona Foundation
2015 Carrie Thome
Wisconsin Alumni Research Foundation
2014 Shawn Wischmeier
Margaret A. Cargill Philanthropies
2013 Robert Manilla
The Kresge Foundation
2012 Conrad N. Hilton Foundation


2019/2020 Mark Baumgartner
Institute for Advanced Study
2018 Anne Dinneen
Hamilton College
2017 Tom Joy
Church of England
2016 Tim Barrett
Texas Teachers University
2015 Jagdeep Bachher
2014 Mark Schmidt
University of Chicago
2013 Bruce Zimmerman
2012 University of Notre Dame

Corporate Defined Benefit Below $20 Billion

(2018 and earlier: under $10 billion)

2019/2020 Jonathan Glidden
Delta Air Lines
2018 Susan Ridlen
Eli Lilly
2017 Brian Reed
Computer Sciences Corp.
2016 Jamey Sharpe
Blue Cross, Blue Shield
2015 Charles Van Vleet
2014 Paul Cavazos
DTE Energy
2013 Marie Pillai
General Mills
2012 Xerox

Corporate Defined Benefit Over $20 Billion

(2018 and earlier: over $10 billion)

2019/2020 Rob Sparling
Dow Chemical
2018 Harshal Chaudhari
2017 Elizabeth Bourqui
2016 Robert Hunkeler
International Paper
2015 Ron Barin
2014 Greg Williamson
BP America
2013 Brian Pellegrino
2012 United Technologies

Public Defined Benefit Under $20 Billion

(2018 and earlier under $15 billion)

2019/2020 Elizabeth Burton
Hawaii Employees Retirement System
2018 Sam Masoudi
Wyoming Retirement System
2017 Matthew Clark
South Dakota
2016 Larry Krummen
2015 Girard Miller
2014 Scott Chan
Sacramento ERS
2013 San Bernardino County Employees’ Retirement Association

Public Defined Benefit Between $20 Billion and $100b Billion

(2019 and earlier $15 billion-$100 billion)

2019/2020 Jim Grossman
Pennsylvania Public School Employees’ Retirement System (PSERS)
2018 Jonathan Grabel
2017 Vijoy Chattergy
Hawaii ERS
2016 Jim Grossman
2015 Michael Trotsky
2014 Stan Rupnik
TRS Illinois
2013 Tom Tull
Employees’ Retirement System of Texas
2012 Canada Pension Plan Investment Board

Public Defined Benefit Over $100 Billion

2019/2020 Ash Williams
Florida State Board of Administration (SBA)
2018 Christopher Ailman
2017 Scott Evans
NYC Retirement
2016 David Villa
2015 Ted Eliopoulos
2014 Neil Petroff
2013 Christopher Ailman

Sovereign Wealth Fund

2019/2020 Marcus Frampton
Alaska Permanent Fund
2018 Paul Ballard
Texas Treasury Safekeeping Trust Co.
2017 Raphael Arndt
Australia Future Fund
2015 Jay Willoughby (former) & Jim Parise (interim)
2014 Robert Vince Smith
2013 Lim Chow Kiat
GIC Singapore
2012 New Zealand Superannuation Fund

Health Care

2019/2020 Leslie Lenzo
Advocate Aurora Health
2018 Anthony Waskiewicz
Mercy Health, St. Louis
2017 David Holmgren
Hartford HealthCare
2016 Jacque Millard
Intermountain Healthcare
2015 Mark Amiri
Baylor Scott and White
2014 Al Nelson
Ohio Health
2013 Ken Frier
The UAW Retiree Medical Benefits Trust
2012 Ascension Health Alliance

Defined Contribution

2019/2020 Mark Fawcett
2018 Bob Hunkeler
International Paper
2017 Bob Watson
Fiat Chrysler
2016 Kevin Menezes
American Airlines
2015 Doug Brown
2014 Kathleen Lutito
CenturyLink Investment Management
2013 Robin Diamonte
United Technologies Corp. (UTC)

Next Generation

2019/2020 Elizabeth Jourdan, deputy CIO
Mercy Health
2018 Chad Mhyre
2017 Carlos Rangel
2016 Greg Spick
2014 Randy Kim
Conrad Hilton Foundation


2019/2020 Nolan Bean
2018 Allan Martin
2017 Rich Nuzum
2016 Jim Vos
2014 Eugene Podkaminer
Callan Associates

Lifetime Achievement

2019/2020 Robin Diamonte
Raytheon Technologies
2018 Mansco Perry III
Minnesota State Board of Investment
2017 Ashbel Williams
Florida SBA
2016 Mark Schmid
University of Chicago Endowment
2014 Scott Malpass
University of Notre Dame
2013 Britt Harris
Teacher Retirement System of Texas


2019/2020 Ben Meng
2018 Dan Chu
Sierra Club
2017 Jagdeep Bachher


2019/2020 Charles Van Vleet
2018 David Holmgren
Hartford HealthCare

Risk Management

2019/2020 Vincent Morin
Air Canada

A list of winning management firms from 2019 is available here.

Related Content:

2019 Industry Innovation Awards

2019 Asset Management & Servicing Winners

2018 Industry Innovation Awards

2018 Asset Management & Servicing Winners

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