Virginia's Everett selected as CIO of GMAM

Nancy C. Everett, CIO of the $40 billion Virginia Retirement System, Richmond, will become CIO of General Motors Asset Management on June 1. It is a new position; those duties had been handled by Myra Drucker, managing director for marketing and business development and CIO of GM Trust Bank, who left last year. GMAM is the $140 billion investment management subsidiary of General Motors Corp., Detroit.