John Carl was named director of equities at the $38 billion Teacher Retirement System of Texas, Austin, replacing George Reagan, who retired last year.
Mr. Carl oversees the system's midcap equity portfolio, and has been serving as acting director of equities since Mr. Reagan's retirement. The system has about $19.8 billion in its equity portfolio, all of which is managed internally.
Steve Edmonds was named executive director of the $2.5 billion Oklahoma Public Employees' Retirement System, Oklahoma City. He replaces Rex Privett, who retired at the end of 1994. Mr. Edmonds most recently was assistant commissioner for the Oklahoma State Insurance Commission.
In a reorganization of the treasury department at Sandoz Corp., New York, Todd Tibbetts, who will retain his title of manager of corporate foreign exchange, assumes additional duties as manager of trust investments for the company's $460 million defined benefit plan and $500 million 401(k) plan.
He will share oversight responsibility with Robert Hunkeler, who was promoted to the position of associate director-funds management and financing. Mr. Hunkeler had been manager of funds management.
B. Kenneth West has been named senior consultant for corporate governance of the Teachers Insurance and Annuity Association - College Retirement Equities Fund, New York, a new position. He will develop and direct TIAA-CREF's new corporate assessment program. Mr. West will begin in mid-April, following his retirement as chairman of Harris Bancorp.
Gerald Hast resigned as executive director of the $380 million Kansas City (Mo.) Public School Retirement System after two years. Mr. Hast said he chose not to renew his contract in order to pursue other interests. Claretha Shumate and Roger Cissner, both assistant directors, will serve as co-directors of the Kansas City fund until Mr. Hast's replacement has been selected.
Maribeth Amyot joined the $62 million University of Connecticut Foundation Inc., Storrs, as vice president-finance and administration. She left the $120 million West Virginia University Foundation Inc., Morgantown, where she was treasurer.
Ms. Amyot replaces Thomas Popplewell, president. Details surrounding his departure weren't available. Craig Walker, assistant athletic director-finance and administration at West Virginia University, replaces Ms. Amyot there.
The $2.5 billion District of Columbia Retirement Board, Washington, elected Marty Pfeifer as its new chairman, replacing James A. Tydings. Mr. Pfeifer, representing active police officers, will serve a one-year term. Mr. Pfeifer appointed Mr. Tydings chairman of the investment committee, replacing Michael Gallie, whose term expired late last month.
Al Cassiato was named as a trustee of the $6.2 billion San Francisco City & County Employees' Retirement System. His term is five years and he succeeds Peter Ashe, whose term expired.
Separately, Clare Murphy, chief executive officer for the fund, said eight candidates have been interviewed for the chief investment officer vacancy at the fund. A choice should be made in a few weeks.
The post became vacant when the fund's form chief investment officer, Ken Shaffer, took a similar post at the $16.5 billion Los Angeles County Employees' Retirement Association.
Willard McIntosh joined Prudential Real Estate Investors, Newark, N.J., as managing director of research, he said. He had been director of research with MIG Realty Advisors Inc. Mr. McIntosh replaces Michael Miles, who left Prudential last year to join Fidelity Management and Research. A spokeswoman for MIG said a search for a successor is under way.
E. Lee Hennessee and her hedge fund consulting group moved to Weiss, Peck & Greer from Republic New York Securities. Both firms are in New York.
Ms. Hennessee said she made the move because of Weiss Peck's commitment to hedge fund consulting. Joining her as co-director will be her husband Charles Gradante, who had been president of Union Chelsea National Bank in New York.
All clients with the unit at Republic moved to Weiss Peck.
David W. Fox will retire Oct. 3 as chairman and chief executive officer of the Northern Trust Co. and the Northern Trust Corp Chicago, after 40 years with the bank. A succession plan will put Wilinto the role of chief executive officer June 30. Mr. Osborn now is president and chief operating officer. Barry G. Hastings, vice chairman, will assume the additional role of chief operating officer.
Kirk Lowry joined RogersCasey in Princeton, N.J., as a director of product development, a new position. Sources said he had been head of enterprise marketing at New York Life Asset Management, and was a consultant to other New York Life units. Officials there didn't return phone calls regarding his replacement.
Washington Hackett Poitevien, New Orleans, named LeRoy T. Pease III as chief investment officer in charge of its Emerging Manager Trust Group, a new position. Mr. Pease will be responsible for the daily operations of EMT, which manages $155 million in emerging manager-of-manager funds for institutions. He previously was a senior investment manager at Bell Atlantic Corp.
Jack B. Sorensen has been named vice president at Bennett Capital Management, a new position. He will help select investments through cash flow analysis.
Mr. Sorenson was a vice president at Lord Securities, where he was responsible for the development and execution of mergers and acquisitions and financial restructurings.