Council of Institutional Investors is searching for an executive recruiting firm to find candidates to replace Sarah Ball Teslik, who announced her resignation as executive director, said Meredith Williams, CII chairman and executive director of the $30 billion Colorado Public Employees' Retirement Association, Denver. Interested recruiters should contact the council. The board hopes to select a recruiting firm in the next several weeks, he said. Ann Yerger, deputy director, was named interim executive director, effective once Ms. Teslik leaves the organization, Mr. Williams said. "Ann will serve in the interim and may well be a candidate," Mr. Williams said. He wouldn't speculate on when a replacement would be chosen. Ms. Teslik will become CEO of the Certified Financial Planners Board of Standards, Denver, agreeing to start by Jan. 1.