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Stein Appointed SWIB Board of Trustees Chair

David Stein
David Stein

David Stein has been appointed by Gov. Walker to serve as chairman of the Board of Trustees for the State of Wisconsin Investment Board. Stein, who had been serving as the board’s vice chair, replaces former chair Lon Roberts. Roberts stepped down from the board in February after being appointed by Gov. Walker to serve as Secretary of the Department of Financial Institutions.

Stein, a trustee since February 2014, is executive vice president and head of retail banking for Green Bay-based Associated Banc Corp, the largest bank holding company headquartered in Wisconsin. His term expires in May 2017.

Trustee Norman Cummings has been appointed by Gov. Walker to serve as vice chairman of the board. Cummings is director of administration for Waukesha County. Cummings has been a trustee since December 2011 and his term expires in May 2017.

To fill the vacancy left by the Roberts resignation, Gov. Walker appointed Timothy Sheehy to the board. Sheehy’s appointment was confirmed by the state Senate in March. Sheehy is president of the Metropolitan Milwaukee Association of Commerce. His term will expire in May 2017.The MMAC serves as an advocate for member businesses, which employ more than 300,000 people in the greater Milwaukee area. Prior to being named president in 1993, Sheehy served in various capacities with the association in governmental affairs and economic development. He currently serves on the board of two of the association’s subsidiaries, the Regional Center, LLC; the Milwaukee Development Corporation; as well as the MMAC board.

Sheehy worked as a legislative assistant to U.S. Representative F. James Sensenbrenner and is a past recipient of the Lyndon Baines Johnson Congressional Internship. He is a Ford Foundation Fellow on Regional Sustainable Development, a graduate of the Institute for Organizational Management, and a certified chamber of commerce executive. Sheehy is a graduate of the University of Wisconsin- Madison, with a bachelor’s degree in political science.

For more information about SWIB’s Board of Trustees, visit http://www.swib.state.wi.us.