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:
Administrative Committee
This Committee is responsible for organizational, personnel, budget, legal and legislative issues,
as well as strategic asset allocation matters.
Audit Committee
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/
ET is Employee Type: 6 is faculty, 7 is non-faculty, 1 is classified by state merit rules, 2 is exempt from state merit rules
PU is Pay Unit: M is monthly, H is hourly, C is contracted, D is daily,
MP is months paid
%FT is percent of full-time
Name Job Title ET-PU MP %FT Salary BARADA, ALYSSA A. OFF ASST 2 1M 0 100 1915 BJORN, HEATHER ALEXANDRA FISCAL ANALYST 1 1M 0 100 2774 BOSWORTH, THOMAS E A/SR INVEST OFF 2M 0 100 8979 BOWEN, DANA A OFF ASST LEAD 1M 0 100 2468 BRENNAN, MARGARET V HUM RES CNSLT AS 1M 0 100 2979 BROMLEY, KRISTI K ADM ASST 5 1M 0 100 4106 BRUEBAKER, GARY DEP DIR INVESTMS 2M 0 100 17265 BUCHANAN, LINDA R SEC ADMIN 1M 0 100 3128 BUTLER, KATHRYN L ADM ASST 3 1M 0 100 3128 CALKINS, NANCY G SEN INV OFFICER 2M 0 100 12611 CHRISTOFFER, BRADLY IT SPEC 3 1M 0 100 4531 CLARK, TAMERA L FINANCIAL ANAL 4 1M 0 100 4315 COLEMAN JR, JACK D FINANCIAL ANAL 4 1M 0 100 4315 CZUB, DOROTA E ASST INVEST OFF 2M 0 100 4212 DAY, TISH MF ADM ASST 4 1M 0 100 3450 DEAR, JOSEPH A EXEC. DIRECTOR 2M 0 100 17457 DONOVAN, MICHAEL A FISCAL ANALYST 5 1M 0 100 4760 DRAPER, STEVEN M SEN INV OFFICER 2M 0 100 12875 ECKSTEIN, TERESA L WMS BAND 2 1M 0 100 5897 EDWARDS, THOMAS H IT SPEC 5 1M 0 100 5258 FOWLER, ISABELLE I INVEST OFFICER 2M 0 100 7953 FULLER, JENNY C ASST INVEST OFF 2M 0 100 5397 GANTT, WILLIAM D INVEST OFFICER 2M 0 100 7800 GIGSTEAD, VIKKI S FISCAL ANALYST 3 1M 0 100 4106 GREEN, SAMUEL R INVEST OFFICER 2M 0 100 7953 HAGER, SHELLEY WMS BAND 2 1H 0 100 36.7 HAINES, KRISTI L CONF. SECRETARY 2M 0 100 5395 HARRISON, LISA M INVEST OFFICER 2M 0 100 5641 HAUN, NELLY M FINANCIAL ANAL 4 1M 0 100 4315 HOLT, GARY R INVEST OFFICER 2M 0 100 7953 KAMINSKI JR, CHARLES A BOARD MEMBER 2D 0 100 50 KENNETT, WILLIAM P SEN INV OFFICER 2M 0 100 12875 KILLMAN, SHAWNA L WMS BAND 2 1M 0 80 4750 KRUZEL, JANET INVEST OFFICER 2M 0 100 7953 LERCH, STEPHEN C A/SR INVEST OFF 2M 0 100 9197 LYNCH, JOHN S WMS BAND 2 1M 0 100 5888 MACHADO, SANDRA J WMS BAND 2 1M 0 100 5999 MACKISON, JAMES M EMS BAND 3 2M 0 100 8250 MAGNUSON, JOHN W BOARD MEMBER 2D 0 100 50 MARKOFF, ALICIA M INVEST OFFICER 2M 0 100 7579 MASTEN, GEORGE D BOARD MEMBER 2D 0 100 50 MATSUMOTO, CARMEN N ASST INVEST OFF 2M 0 100 5397 MENDIZABAL, ELIZABETH EMS BAND 4 2M 0 100 8284 NAKAHARA, ROBERT S BOARD MEMBER 2D 0 100 50 NIERENBERG, DAVID Not Provided 2D 0 100 50 ONG, DONNA MAY TAN A/SR INVEST OFF 2M 0 100 8979 REED, CLIFFORD R SEC ADMIN 1M 0 100 3128 RIFE, KARINA J FISCAL ANALYST 2 1M 0 100 3540 RIPPLE, RALPH INVEST OFFICER 2M 0 100 7953 RUGGELS, THOMAS E SEN INV OFFICER 2M 0 100 12875 RUNNALLS, PAUL WF INVEST OFFICER 2M 0 100 7953 SANDBOE, KATHLEEN MARIE INVEST OFFICER 2M 0 100 6436 SCHMIDT, KAE A FISCAL ANALYST 3 1M 0 100 4106 SCHOENTHAL, BARBARA FINANCIAL ANAL 4 1M 0 100 4315 SCOTT, DAVID L Not Provided 2D 0 100 50 SHERIDAN, PATRICIA J OFFICE MANAGER 1M 0 100 3450 THATCHER JR, DAVID INVEST OFFICER 2M 0 100 6604 TOSTESON ROSEN, MARIA A/SR INVEST OFF 2M 0 100 9229 UHLMEYER, GERALDINE ADM ASST 2 1M 0 100 2844 VANDEHEY, BETH INVEST OFFICER 2M 0 70 5211 VERME, CELINA H WMS BAND 3 1M 0 100 7166 VERSCHOOR, STEVEN C EMS BAND 3 2M 0 100 7876 VIDALLON, ERWIN B INVEST OFFICER 2M 0 100 7668 WALKER, CERI ANGELA INVEST OFFICER 2M 0 100 7953 WHITMARSH, THERESA J EMS BAND 5 2M 0 100 10818 WILL, DIANA SEN INV OFFICER 2M 0 100 11051 WINEINGER, RITA LEE ADM ASST 5 1M 0 100 4106 WOLFE, CARRIE L INFO TEC S/A S 6 1M 0 100 5944 YU, JUDY INVEST OFFICER 2M 0 100 7953By 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.
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In Nov 2002, the Wa St Court of Appeals, ruled that government employees names cannot be kept secret.
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