The Washington State Investment Board was created in 1981 to “. . . exercise all the powers and
perform all duties prescribed by law with respect to the investment of public trust and retirement
funds.” The Board’s mandate is to establish investment policies and procedures designed to
maximize return at a prudent level of risk. Its mission is to invest with integrity, prudence and skill
to meet or exceed the financial objectives of those they serve.
Pursuant to state law (RCW 43.33A.160), the Board is funded from the earnings of the funds it
manages, proportional to the value of the assets of each fund, subject to a two-year appropriation
from the Legislature. The Board’s 2005-07 operating budget was approximately $16 million. At
the end of fiscal year 2006, the Board had approximately 63 employees stationed in Olympia.
The Board manages investments for 14 separate retirement funds for public employees,
teachers, school employees, law enforcement officers, firefighters and judges. They also
manage investments for 19 other public funds that support or benefit industrial insurance,
colleges and universities, developmental disabilities and wildlife protection. The total value of
assets under management is approximately $70.3 billion.
The Board has 15 members: 10 voting members and five non-voting members. Members of the
Board are fiduciaries whose mission is to manage investments for retirement and public trust
funds “with the highest standard of professional conduct for the exclusive benefit of fund
beneficiaries.” With the exception of the legislative and ex-officio members of the Board, Board
Members serve three-year terms. The Board has four committees to analyze investment issues:
This Committee is responsible for organizational, personnel, budget, legal and legislative issues,
as well as strategic asset allocation matters.
This Committee oversees audit activities and operations, and nominates candidates for the nonvoting
positions on the Board. This committee also develops and monitors the Code of Conduct
for the Board, reviews performance reporting requirements, and addresses corporate governance
policies and issues.
Private Markets Committee
This Committee is responsible for development of policy and structure for private market
investments (real estate, venture capital, leveraged buyouts, and so forth). It also reviews real
estate and private equity investments for recommendation to the Board.
Public Markets Committee
This Committee is responsible for the development of policy and structure for public market
investments (fixed income, domestic equity, international equity) and reviews individual equity
managers for recommendation to the Board.
The above information is from the State Auditors (Audit Report Search) webpage
Back to the 2011 or 2009 or 2007 or 2005 or 2003 or 2001 or 1999 or 1997 or 1995 or lbloom.net State of Washington Employees Salaries List
The Washington State Office of Financial Management publishes state/college, name/jobtitle/salary information every 2 years. This information is from: http://www.ofm.wa.gov/persdetail/
To paste names, job titles and salaries in an excel spreadsheet, click on "view" and then "source", copy everything between (pre) and (/pre).
January 31, 2003 Personnel Detail
State Investment Board (2003, 63 employees)
March 31, 2004 note: I have replaced the first letter of the first name of each person, with a *.
Name Job Title Salary(monthly or hourly) BOSWORTH, *HOMAS E INVEST OFFICER 6573 BRODIE, *ESLIE S EMS BAND 5 7753 BROMLEY, *RISTI K ADM ASST 4 3549 BRUEBAKER, *ARY DEP DIR INVESTMS 11039 BUCHANAN, *INDA R SEC ADMIN 2984 BUTLER, *ATHRYN L ADM ASST 2 2712 CALKINS, *ANCY G SEN INV OFFICER 9517 CHRISTOFFER, *RADLY INFO TECH S S 3 4322 CLARK, *AMERA L FINANCIAL ANAL 3 3637 COLEMAN JR, *ACK D FINANCIAL ANAL 3 3916 CUCCIA, *EGINA D SECRETARY SR 2354 DAY, *ISH MF OFFICE ASST SR 2148 DEAR, *OSEPH A EXEC. DIRECTOR 12736 DONOVAN, *ICHAEL A FINANCIAL ANAL 4 4115 DRAPER, *TEVEN M SEN INV OFFICER 8557 DURIS, *ILL S INFO TEC APP S 4 4771 EDWARDS, *HOMAS H INFO TECH S S 4 4771 ESAU, *INDA INVEST OFFICER 6573 FOWLER, *SABELLE I INVEST OFFICER 6573 FRENCH, *ARIAN T FINANCIAL ANAL 3 3916 GALLINGER, *ARY INVEST OFFICER 6573 GIGSTEAD, *IKKI S FINANCIAL ANAL 2 3376 GREEN, *AMUEL R INVEST OFFICER 6573 HANNA, *EFFERY BOARD MEMBER 50 HARRIS, *ENDY A FINANCIAL ANAL 2 3376 HAUN, *ELLY M FINANCIAL ANAL 3 3637 HEDRICK, *USAN L CONF. SECRETARY 4653 HOLT, *ARY R INVEST OFFICER 6573 HUNTLEY, *COTT WMS BAND 2 5623 HYDE, *LIZABETH R OFFICE ASST SR 2100 IRELAND, *ILL P WMS BAND 2 4739 JOUDREY, *ANDRA K WMS BAND 3 6610 KAMINSKI JR, *HARLES BOARD MEMBER 50 KENNETT, *ILLIAM P SEN INV OFFICER 9517 KUSHAN, *EENU S FISCAL TECH 2354 LEE, *AMES R EMS BAND 3 6094 LESTER, *INDA INVEST OFFICER 6573 LONG, *ENEE T FINANCIAL ANAL 5 4540 MACHADO, *ANDRA J WMS BAND 2 5420 MAGNUSON, *OHN W BOARD MEMBER 50 MARKOFF, *LICIA M INVEST OFFICER 5662 MASTEN, *EORGE D BOARD MEMBER 50 NAKAHARA, *OBERT S BOARD MEMBER 50 ONG, *ONNA MAY TAN INVEST OFFICER 6573 PRIELIPP, *EE ANN BOARD MEMBER 50 RAPHAEL, *HAUNA F OFFICE ASST SR 2198 RIPPLE, *ALPH INVEST OFFICER 6408 RUGGELS, *HOMAS E SEN INV OFFICER 9517 SCHMIDT, *AE A FINANCIAL ANAL 2 3215 SCHOENTHAL, *ARBARA FINANCIAL ANAL 3 3727 SEELY, *EFF BOARD MEMBER 50 SHERIDAN, *ATRICIA J OFFICE MANAGER 3291 SHRADER, *RIAN K OFFICE ASST SR 2148 THATCHER JR, *AVID WMS BAND 2 0 TOSTESON ROSEN, *ARI INVEST OFFICER 6573 VANDEHEY, *ETH WMS BAND 2 5470 VERSCHOOR, *TEVEN C EMS BAND 3 6729 WALTERS, *RISTI L ADM ASST 5 3916 WATNESS, *ELANIE K WMS BAND 2 4955 WENDEL, *ATHLEEN O OFFICE ASST 2100 WICKLUND, *UNA R OFFICE ASST SR 2468 WILL, *IANA INVEST OFFICER 6573 YU, *UDY INVEST OFFICER 6408By clicking on the rainbow colored square icon, you can see information about the people who look at these webpages. These statistics report meters are free to anybody.
Clicking on the above picture will take you to a page about the webmaster.
In Nov 2002, the Wa St Court of Appeals, ruled that government employees names cannot be kept secret.