WRS News Online

Search Under Way for New Executive Director

The State of Wisconsin Investment Board announced in June that Michael Williamson will retire as executive director at the end of 2017. The Board of Trustees has launched a nation-wide search for Williamson's replacement and plans to have the position filled prior to his retirement.

The Board of Trustees hired Williamson as executive director in June 2012. Under Williamson's leadership, SWIB continued its tradition of being a valuable partner for the state of Wisconsin and its public employees. SWIB added more than $1 billion above market returns for the funds it manages while vastly improving the infrastructure of systems, controls and measurement used to run the organization. Also during Williamson's tenure, SWIB's above-market returns contributed significant value to the Wisconsin Retirement System, which is one of the country's best funded public employee retirement systems.

"Michael's leadership has ensured the Investment Board stayed focused on its mission and delivered value to the state of Wisconsin," said David Stein, Board of Trustees chair. "Michael provided steady leadership for the organization as it navigated through difficult financial times and a major transformation of its operations. I am confident in the path Michael has put SWIB on and am looking forward to our next executive director continuing that progress."