Thomas R. Lussier resigned as executive director of the $13 billion Massachusetts Teachers' Retirement Board, Boston. David Driscoll, chairman, said the board will conduct an internal search for a replacement. If no internal candidate can be found, the search will be expanded.
Mr. Lussier has purchased Vienna Gregor & Associates, an Alexandria, Va., lobbying firm for public pension funds. David Vienna, past president and chairman, sold the firm to Mr. Lussier, a spokesman for the firm said. No decision has been made on whether to change the name, the spokesman said.
Mr. Lussier was fined $5,000 last year by the Massachusetts State Ethics Commission for charging $3,000 worth of personal expenses on a board-issued credit card. He later repaid the money.