Alan Van Noord, chief investment officer of the $49 billion Pennsylvania Public School Employees' Retirement System, Harrisburg, will retire effective June 30, confirmed spokeswoman Evelyn Tatkovski.
Mr. Van Noord has been CIO of the pension fund since July 2002. A nationwide search for his replacement will be initiated shortly, Ms. Tatkovski said.
James H. Grossman Jr., deputy chief investment officer, will serve as acting CIO effective July 1.