The University of California Regents, Oakland, hired Heidrick & Struggles to find a new treasurer and vice president for investments to replace David Russ, who left July 8 to become CIO of the $2.5 billion endowment fund of Dartmouth College, Hanover, N.H. David A. Morris in Heidrick & Struggles' Houston office will handle the search. The University of California manages $41.1 billion in defined benefit assets, $8.6 billion in defined contribution assets, $5 billion in general endowment assets and $8.9 billion in other short-term and endowment assets.
Dan M. Slack was named interim executive director of the $13.3 billion Illinois State Universities Retirement System, Champaign. Mr. Slack is the plan's general counsel and deputy executive director. At a special board meeting today, trustees also hired executive recruiter DHR International to conduct a nationwide search for a permanent executive director, contingent on satisfactory negotiations of the fee structure, said Executive Director James M. Hacking. Mr. Hacking is leaving the fund on Aug. 22 to become executive director of the $5.3 billion Arizona Public Safety Retirement System, Phoenix. Once contracts are signed, the search for Mr. Hacking's replacement is expected to take between three and four months, he said. James Schroeder, a partner in the recruiter's Chicago office, will handle the search, but Mr. Hacking said he will also take calls from interested candidates. Mr. Slack has indicated that he is interested in the job, and he will be considered along with other candidates, Mr. Hacking said.
Donald J. Pepin was named managing director of marketing at DuPont Capital Management, which managed $26.1 billion as of March 31, including the roughly $24.3 billion in pension assets of E.I. du Pont de Nemours & Co., Wilmington, Del. He replaces Joseph W. Haley, who retired at the end of last year, confirmed spokesman William Blase. Mr. Pepin will report to Valerie Sill, DuPont Capital's president and CEO. Mr. Pepin was managing director, U.S. institutional and alternative group at Gartmore Global Partners, a unit of Gartmore Global Investments. Katie Cowley, a Gartmore spokeswoman, did not return phone calls for comment by press time.