Council of Institutional Investors hired Russell Reynolds Associates to recruit candidates for the council's executive director position, said Meredith Williams, CII chairman and executive director of the $30 billion Colorado Public Employees' Retirement Association, Denver. Mr. Williams expects the search to take to take six weeks. Anyone interested in the position should contact Eric Vautour, Russell Reynolds' area manager for its Washington office and leader of its association and government affairs practice. The council could make a decision on a replacement soon after the first of the year, Mr. Williams said. Former executive director Sarah Ball Teslik left Oct. 29 to become CEO of the Certified Financial Planners Board of Standards, Denver. She started her new position Nov. 1. Ann Yerger was named acting executive director; she was deputy executive director.