The $4 billion Oklahoma Public Employees' Retirement System, Oklahoma City, launched a nationwide search for an executive director.
Steve Edmonds will retire from that position June 1 after eight years on the job. The state's Office of Personnel Management is coordinating the search; applications will be accepted through May 23, said Mr. Edmonds.
The board expects to name a replacement by mid-July.
Applicants are expected to have a bachelor's degree and at least five years of management experience, preferably with a retirement system, investment management firm, financial or insurance company or related state government department. The maximum salary for the position is $90,000. Information about the application process is available at the state's website at www.opers.state.ok.us.