updated Oct. 31, 2011
CalSTRS CEO Jack Ehnes on Monday was awarded the EBRI Lillywhite Award, given in recognition of outstanding lifetime contributions to America's economic security.
Mr. Ehnes received the award, sponsored by the Employee Benefit Research Institute, at Pensions & Investments' annual Defined Contribution West conference in San Francisco.
“Jack has played a key role in enhancing the retirement security of millions of American workers and their families, at CalSTRS, through his work with the Council of Institutional Investors, his founding role with the National Institute on Retirement Security, and many other realms of innovation leadership,” said Dallas Salisbury, president and CEO of EBRI, in a statement about the award.
“His lifetime contributions to the profession, vast expertise and primary focus on the actual delivery of lifetime income security make him especially worthy of the Lillywhite Award.”
Mr. Ehnes has been CEO of the $146.6 billion California State Teachers' Retirement System, West Sacramento, since December 2001 and currently serves on the board of the National Council on Teacher Retirement, NIRS, Ceres, and the Public Employees Board of the International Foundation of Employee Benefit Plans. He is also a member of the World Economic Forum's Global Council on Aging.
The Lillywhite Award was established in 1992 to “celebrate contributions by persons who have had distinguished careers in the investment management and employee benefits fields and whose outstanding service enhances Americans' economic security.”
The award is named for Ray Lillywhite, a pioneer in the pension investment field who spent more than 55 years in the industry, joining the Utah State Retirement System, Salt Lake City, as its first executive director in 1937, later joining Wisconsin and Ohio's retirement systems and Alliance Capital Management where he retired at age 80 in 1992.