CIEBA chooses new incoming chairman

Kimberly G. Walker, president of Qwest Asset Management, was named chairman of the Committee on Investment of Employee Benefit Assets, effective Jan. 1. Qwest Asset Management oversees $13.6 billion in assets for Qwest Communications International, Denver. T. Britton Harris, president of Verizon Investment Management and a CIEBA vice chairman, was scheduled to be incoming chair but lost his CIEBA eligibility after accepting a position as CEO of Bridgewater Associates. Verizon Investment Management oversees $60 billion in pension assets, mostly for Verizon Communications Inc., Stamford, Conn. Ms. Walker, who was also a vice chairman, will succeed Gary A. Glynn, president of the $7 billion U.S. Steel & Carnegie Pension Fund, Pittsburgh.