Charles Conrad, CEO of the $4.5 billion Alameda County Employees’ Retirement Association, Oakland, Calif., is retiring, according Marguerite M. Malloy, the system’s associate counsel.
Mr. Conrad announced his retirement in January, but his official retirement date has not been set, Ms. Malloy wrote in an e-mail response to questions. She would not say when his retirement would be effective or answer questions as to whether he is on medical leave. A succession committee seeking a replacement for Mr. Conrad has been meeting since May, and board members were discussing whether Mr. Conrad would be able to return to work, minutes of association board meetings show.
“At this time, a consulting firm has not been hired to conduct a search,” Ms. Malloy wrote. “The ACERA Board of Retirement authorized that a consultant firm be retained in the future.”
Mr. Conrad has been the system’s CEO since 1996.
Efforts to reach Mr. Conrad were unsuccessful