Executive director chosen at Maryland system

R. Dean Kenderdine today was named executive director for the $35.4 billion Maryland State Retirement & Pension System, Baltimore, according to Anne Budowski, a spokeswoman for the system. Mr. Kenderdine has been interim executive director of the system since Thomas K. Lee left the post Sept. 5 to become deputy executive director of the $90 billion New York State Teachers' Retirement System, Albany. Before stepping in as interim executive director, Mr. Kenderdine was chief of staff for Maryland Comptroller William Donald Schaefer.