The Oklahoma Public Employees Retirement System has tabbed a new executive director: Joseph Fox, who was the fund’s general counsel since 2005 and who had been serving as interim executive director since September.
From an OPERS release:
The board of trustees of the Oklahoma Public Employees Retirement System (OPERS) has selected Joseph A. Fox as its new executive director effective November 1, 2014. The board had previously named Fox as its interim executive director. Mr. Fox fills the vacancy created by the resignation of Tom Spencer who is becoming the executive director of the Oklahoma Teachers’ Retirement System.
“The OPERS Board is very happy with its selection of Joe as executive director,” said OPERS Board Chair DeWayne McAnally. “The search committee met and discussed the possibilities at length, and after many consultations with outside sources and OPERS staff, Joe became the clear choice.”
McAnally added, “This is a critical time for OPERS as it is focusing on implementing a new defined contribution retirement plan in 2015. The agency needs strong and enduring leadership, and the board feels Joe provides that continuity.”
OPERS oversees $8.5 billion in assets for 81,000 members.