(updated with correction)
Teacher Retirement System of Texas, Austin, has narrowed to five its list of candidates for executive director, confirmed Howard Goldman, spokesman for the $94.9 billion retirement system.
The finalists are Meredith Williams, executive director of the $36 billion Colorado Public Employees' Retirement Association; Brian Patrick White, CEO for the $7.2 billion San Diego County Employees Retirement Association; Bradley D. Belt, former executive director and CEO of the PBGC and now chairman and CEO for Palisades Capital Advisors; Mark P. Haas, chief deputy Michigan state treasurer and CFO of the Michigan Department of Treasury; and E. Ashley Smith, executive vice president and chief legal officer for Stewart Information Services, according to an e-mail from Mr. Goldman.
The successful candidate will succeed Ronnie Jung who is stepping down as executive director in July 2011 but will remain with the system.
Mr. Goldman said in an e-mailed response to questions that the although the board has identified the five candidates, the search remains open for interested applicants.
"At the next TRS board meeting, scheduled for Dec. 9-10, TRS trustees will review the status of the search and discuss how to proceed, including the scheduling of any interviews," Mr. Goldman wrote in the e-mail.
Executive search firm Korn-Ferry is assisting.