Dale H. Everhart will join the Pennsylvania Public School Employees' Retirement System, Harrisburg, as executive director Jan. 2.
He replaces Jim Perry, who will retire from the $40 billion fund Jan. 29.
Mr. Everhart now is assistant executive director at the Commonwealth of Pennsylvania State Employes' Retirement System. A spokesman for the state fund said officials are reviewing their options and are not soliciting applicants at this time.
Guy F. Jaquier was named senior investment officer for the California Public Employees' Retirement System's $6.2 billion real estate portfolio, He replaces David Gilbert, who left in September to become a general partner at Chase Capital Partners, New York. Mr. Jaquier previously was an executive vice president at Lend Lease Real Estate Investments, New York. He was replaced by Andrew Friedman, previously a portfolio manager for the Yarmouth Group.
Stanley Shavers, vice president of fixed income at ICMA Retirement Corp., Washington, left his position, effective Oct. 30. Mr. Shavers, who ran a nearly $3 billion portfolio consisting of stable-value and bond funds, could not be reached for comment.
Michael Dieschbourg was named national director of institutional consulting at Salomon Smith Barney Consulting Group, New York. It is a new position. He previously was one of 70 consulting group directors, specializing in institutional relationships.
Jill M. Considine was elected chair and chief executive officer of Depository Trust Co., a securities depository with $17 trillion in custody.
Currently president of the New York Clearing House Association, Ms. Considine succeeds William F. Jaenike, who is retiring. Ms. Considine has been a member of the DTC's board of directors for five years and president of the New York Clearing House Association since 1993.
Raymond McCulloch was named executive vice president and manager of Winston-Salem, N.C.-based BB&T Corp.'s trust division.
Mr. McCulloch previously served as manager of institutional trust services. He replaces Ray Long, who retired at the end of June. Mr. Long acted as an adviser to BB&T Trust until Mr. McCulloch's appointment.
Allyson Huskisson was hired as vice president for new business development for Pioneer Investment Management Inc., Boston, and will be in charge of increasing Pioneer's West Coast institutional business. She previously was a senior sales representative for J.P. Morgan Investment Management Co., New York.
Scott B. David was named director of client service for Scudder Defined Contribution Service, Boston. Robert Stapley, who was director of client service and systems, now will focus solely on defined contribution record-keeping systems.
Mr. David formerly was national sales director; he will be replaced by Michael Refojo, formerly Scudder's New York regional sales manager.
Barry P. O'Neil was appointed senior vice president and national sales manager at Palley-Needelman Asset Management, Newport Beach, Calif. He will develop long-range marketing programs for the firm's equity and international products. Mr. O'Neil retired in September from Brandes Investment Partners LP, San Diego, where he was managing partner responsible for sales.
