Sarah Samuels was named deputy chief investment officer at the $61 billion Massachusetts Pension Reserves Investment Management Board, Boston, said Michael Sherry, spokesman.
Ms. Samuels is a senior investment officer overseeing public markets, as well as director of investment research and will continue those responsibilities.
She replaces David Gurtz as deputy CIO. Mr. Gurtz, who is also director of risk management and will retain those responsibilities, was named interim chief financial officer and interim chief operating officer.
Current CFO and COO Thomas A. Hanna is resigning from the pension fund.
In a news release, Michael G. Trotsky, executive director and chief investment officer, said “Tom Hanna has contributed so much to PRIM over the past 15 years. We are incredibly grateful for his service, guidance and leadership. (He) is making a personal decision to take some time off, and the entire PRIM team wishes him well and looks forward to staying in close contact.”
PRIM will conduct a search for a permanent CFO and COO, the news release said. Mr. Hanna “will remain for a period of time” to assist in the transitions for Mr. Gurtz and Ms. Samuels.
