Jackson Energy Authority, Jackson, Tenn., hired Robert W. Baird & Co. to provide outsourced CIO services for its $100 million defined benefit plan, said Nancy Nanney, senior vice president and chief financial officer, in an e-mail.
The authority conducted an invitation-only search earlier this year. SEI Investments, the incumbent investment consultant, was included in the search, Ms. Nanney said.
Baird will also provide the same services for two other post-employment benefit programs, with assets totaling $20 million.
