Kathy-Ann Reissman will join Alcatel-Lucent, Murray Hill, N.J., on the team that oversees the investment of the companys pension plan, confirmed spokesman Dick Muldoon. He could not provide specific details on Ms. Reissmans title or position but said she will join the company next month. The firm had roughly $45 billion in pension assets as of Sept. 30, according to Pensions & Investments data.
Ms. Reissman will leave her position as CIO of the $24 billion Employees Retirement System of Texas, Austin, on Oct. 3, confirmed spokeswoman Mary Jane Wardlow. Fund officials have not yet decided how Ms. Reissman will be permanently replaced, but after her departure, Jacqueline Johnson, deputy director of investments, along with other members of the ERS investment team, will oversee investments.