Donald K. Peterson has been appointed executive vice president and CFO of the new systems and technology company to be formed as a result of AT&T's restructuring. He had been CFO of AT&T's communications services group.
An AT&T spokeswoman said Mr. Peterson's appointment is one of the last major steps before any decisions are made on how to allocate AT&T's roughly $40 billion in pension assets. A decision on how the assets will be divided among the three separate companies resulting from the AT&T restructuring should be made this year.
Peter M. Naroz, one of the three real estate investment officers at the Virginia Retirement System, Richmond, is joining the Alaska Permanent Fund Corp., Juneau, as senior investment officer. Mr. Naroz, who managed about a $300 million real estate portfolio at VRS, will manage a $1.5 billion real estate portfolio at the Alaska fund.
No replacement has yet been named at VRS