Gary Bruebaker, chief investment officer of Washington State Investment Board, Olympia, plans to retire at the end of 2019, the board announced in a news release Tuesday.
Mr. Bruebaker's final day will be Dec. 20, but he will be available to assist in the transition to new leadership if needed, the news release said. He has been CIO since 2001.
Mr. Bruebaker had succeeded previous CIO Christopher J. Ailman, who left the board to become CIO of the now-$233.9 billion California State Teachers' Retirement System, West Sacramento. Before joining WSIB, Mr. Bruebaker had previously been deputy state treasurer of the state of Oregon, overseeing the Oregon Investment Council, which manages the $74.5 billion Oregon Public Employees Retirement System, Salem.
Mr. Bruebaker said in the WSIB news release that he will follow his 40 years in the investment business by spending "more time with his family along with some non-professional pursuits involving water sports, outdoor activities and his passion for vintage cars."
The Washington State Investment Board oversees $128.1 billion in assets, including $99.4 billion in defined benefit plan assets.
