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 > VRS Board Selects Korn Ferry to Lead Director Search

VRS Board Selects Korn Ferry to Lead Director Search

 

RICHMOND, February 12, 2015 — The Virginia Retirement System (VRS) Board of Trustees has announced the selection of Korn Ferry to assist in the search for a new director for the $66-billion public pension system.

Current Director Robert P. Schultze announced last month that he would leave VRS Feb. 16 to become the president and chief executive officer of ICMA Retirement Corporation.

"We look forward to working with Korn Ferry to conduct a comprehensive, national search to fill the director position," said VRS Board of Trustees Chairman Diana F. Cantor. "This firm possesses extensive experience in executive recruitment services, especially in the public pension plan sector, and we look forward to filling this critical position with the best qualified individual to lead VRS."

VRS is the 22nd largest public or private pension plan in the United States and the 49th largest public or private pension plan in the world, with more than $66 billion in assets under management.

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