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About LACERA Homepage > LACERA Boards > 2009 BOI Member Bios |
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2009 BOI MEMBER BIOS |
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2009
BOARD OF INVESTMENTS |
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William R. Pryor — Chair |
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Mr. Pryor has served our community as a firefighter and paramedic, and has offered his invaluable insight and experience as a Safety Member by serving on both LACERA Boards. Elected by the Safety Members, Mr. Pryor has served the Board of Retirement since 2000, and the Board of Investments since 2005, serving as Chair for both the Board of Investments and the Disability Procedures and Services Committee.
Here are some of his notable accomplishments:
- Active duty Firefighter for Los Angeles County , stationed in Huntington Park
- Director, Los Angeles County Firefighters Local 1014
- Has stood for his fellow firefighters as a union rep for the International Association of Fire Fighters (IAFF) for 19 years
- Has testified before State and Federal committees on pension system stability, in defense of defined benefit pension plans
- Executive Board Member and active trustee of the National Conference of Public Employee Retirement Systems (NCPERS)
- Member of the Council of Institution Investors (CII)
- Member of the International Corporate Governance Network (ICGN)
- Member of the Los Angeles County Plan Administrative Committee
- Sits on the Centinela Hospital Medical Center Board of Directors ( Inglewood , CA )
- Plays hockey on an all-fireman's team, which travels to the east coast and Canada for tournaments
- Spends off-duty time with his wife, Michelle, and their two sons, Jack and Henry (1/21/08)
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Herman
B. Santos — Vice
Chair |
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Mr. Santos began his first term on the Board of Investments (BOI) in January 2004 and was reelected in 2006 for a second three-year term, serving as Vice-Chair of the BOI, Chair of the BOI Corporate Governance Committee, and Vice-Chair of the BOI Audit Committee. Mr. Santos will continue serving on the board for another three-year term beginning January 2010. As a LACERA Board Member and Chair of the new regional SEIU Local 721 Secure Retirement Committee, he plays an influential role in the battle to protect defined benefit pensions. Mr. Santos pledges his continuing leadership on retirement-related issues.
Here
are some of his notable accomplishments:
- Attorney, Los Angeles County Public Defenders Office
- Serves as Deputy Public Defender IV and Deputy-In-Charge of the Pomona Juvenile Branch for the Public Defender's Office
- Business Agent and later Attorney for SEIU in New York and Los Angeles, 1974-1997
- Chair and co-creator, SEIU Local 721 Secure Retirement Committee
- Member SEIU Local 721 Committee of Political Education (COPE)
- Appointed Member, SEIU State and National Public Pension Roundtable, Change to Win (CTW) Federation, and AFL-CIO
- Bachelor of Business Administration, City University of New York, Baruch College, NY, 1982
- Bachelor of Science of Law, Glendale University College of Law, CA, 1992
- Juris Doctor, Glendale University College of Law, CA, 1994
- Harvard University Law School Labor and Work Life Program, 2007
- Stanford University Law School Fiduciary College, 2006
- Investment Management Program, Wharton School, University of Pennsylvania, 2003
- Served in the United States Marine Corps, 1970-1973
- Member, Los Angeles County Public Defenders Association, 2009
- Member, California Public Defenders Association, 2009
- Member, California Attorneys for Criminal Justice, 2009 (10/6/09)
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Diane
A. Sandoval — Secretary |
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Ms.
Sandoval began her inaugural term on the Board
of Investments in January 2006. She is a former
LACERA employee with over 30 years of experience
in various positions, including Accounting Division
Manager for LACERA.
Here
are a few of her notable accomplishments:
- Member
of the Retired Employees of Los Angeles County
(RELAC) Board of Directors since 1999
- Former
Chair of RELAC Outreach, Membership/Recruitment,
Investment and Executive/Budget Committees,
1st Vice President (one year) and 2nd Vice
President (2 years)
- Current
President, RELAC
- Treasurer,
RELAC
- Treasurer,
California Retired County Employees Association
(CRCEA)
- Member,
CRCEA Executive and Finance Committees
- Member,
Fiscal Credit Union Board of Directors (1978
- present)
- Vice
Chair, Fiscal Credit Union Board
- Former
Chair, Vice Chair, Secretary and Treasurer,
Fiscal Credit Union
- Treasurer,
San Clemente Inn Vacation Plan Owners Association
Board of Directors (Member since 1988)
- Enjoys
walking, cooking, reading, traveling, and
spending time with her grandson (12-29-05)
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Mark Saladino
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Mr. Saladino is an ex-officio trustee of LACERA's Board of Retirement and Board of Investments, as an extension of his role as the Treasurer and Tax Collector of Los Angeles County. He has a legal background coupled with extensive experience within finance and investments, and treasury related issues. His contributions have helped improve LACERA while serving on the Board of Retirement and the Board of Investments since 1998.
Here are some of his notable accomplishments:
- Principal Deputy County Counsel, specializing in the areas of finance and investments
- Successful private practice at Hawkins, Delafield & Wood in New York City and at Jones, Day, Reavis & Pogue in Los Angeles
- Public speaker on topics related to public finance and investments for the California Association of County Treasurers and Tax Collectors, the University of Southern California, the University of California, Los Angeles, the National Association of Bond Lawyers, the California Debt and Investment Advisory Commission, and the California State Association of Counties
- Drafted California legislation regulating certain sales of local government securities
- Testified on securities issues to the California Legislature and the United States Congress
- BS Degree (with high honors) from the University of Illinois
- JD Degree from New York University
- Admitted to practice law in New York, California and the District of Columbia
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John M. Barger |
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Mr. Barger comes to the LACERA Board of Investments with 25 years of experience as a lawyer, investor, financial regulator, and financial entrepreneur. His broad experience in financial services includes investment banking, asset management, and ownership and management of a multinational reinsurance company. He has direct professional investment experience with traditional and non-traditional asset classes that include equities, fixed income, real estate, venture capital and private equity. Mr. Barger’s judgment and scholarship are welcome additions to the Board.
Here are some of his notable accomplishments:
- Current Partner, NorthernCross Partners; Los Angeles
- Current Partner, Latin Partners, Ltd. (LPL); New York, Los Angeles, Bermuda
- Federal Housing Finance Board (FHFB), worked as Special Assistant to Executive Director during George H.W. Bush administration; Washington, D.C.
- Latin American Reinsurance Company/XL Reinsurance Company/Latin America; Bermuda, New York, and Switzerland
- Bankers Trust, N.A.; New York
- Citibank, N.A.; New York, London
- Kemper Securities Group; Los Angeles
- Sheppard Mullin Richter & Hampton; Los Angeles
- Master of Science (Economic/Finance), London School of Economics, 1986
- Juris Doctor, Hastings College of Law, University of California, 1984
- Bachelor of the Arts, Cum Laude (History/Philosophy), Ohio Wesleyan University, 1979
- Federal District Court – Central District, served as Law Clerk and Extern for The Honorable Richard Gadbois; Los Angeles
- American Bar Association
- Licensed Securities Representative (NASD)
- Fluent in Spanish
- Assistant Scout Master, Boy Scouts of America, Troop 355; San Gabriel Valley Council (2-23-09)
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Paul C. Hudson |
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Mr. Hudson joined the Board of Investments (BOI) in January 2007. He is the Chief Executive Officer of Broadway Federal Bank, the largest and only publicly traded African-American bank west of the Mississippi . A native Los Angelino, he brings a rich background of community service, as well as financial expertise to the Board. Always with his eye on the ball and a willingness to speak his mind, Mr. Hudson is a valued asset to the Board of Investments.
Here are some of his notable accomplishments:
- Chief Executive Officer, Broadway Federal Bank
- Former President, Los Angeles NAACP
- Former Chairman, Los Angeles Community Redevelopment Agency
- Board member, California Bankers Association
- Board member, Los Angeles Universal Preschool
- Board member, Alliance for College-Ready Public Schools
- Board member, Los Angeles Community Design Center
- Board member, Boy Scouts of America
- Board member, Community Build, Inc.
- Former board member, Los Angeles Metropolitan Transportation Authority
- Former board member, Los Angeles Fire and Police Pension Fund
- Former board member, Los Angeles County Hospital Commission
- Former board member, Western League of Financial Institutions
- Former board member, Business Roundtable, Employers' Group
- Former board member, Fannie Mae Advisory Council
- Former board member, Southern California Edison Advisory Board
- Former board member, Los Angeles Chamber of Commerce
- Former board member, Greater Los Angeles African-American Chamber of Commerce
- Former board member, Los Angeles County Economic Development Corporation
- Former board member, Pitzer College
- Former board member, California State University at Los Angeles Foundation
- Former board member, Phillips Graduate Institute
- Former board member, California Community Foundation
- Former board member, Los Angeles American Red Cross
- Former board member, Los Angeles Orthopaedic Hospital
- Former board member, Museum of Science and Industry Foundation, Fulfillment Fund
- Former board member, Alliance for Children's Rights
- Former board member, Southern California Counseling Center
- Practiced law in Washington , D.C. and Los Angeles
- Juris Doctorate degree from Boalt Hall School of Law
- Bachelor's degree in Political Science from UC Berkeley
- Attended University of Texas Graduate School of Savings Institution Management (2-6-09)
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Simon
S. Russin |
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Mr.
Russin's contributions have helped improve LACERA
while serving on the Board of Retirement continuously
since 1983 and the Board of Investments 1985
- 2003, 2006.
Here
are some of his notable accomplishments:
- Helped
negotiate settlement of AB 399 to provide
$1 billion for LA County Workers and Retirees.
- Helped
negotiate adoption of the Pension Obligation
Bonds that fully funded system and created
additional surpluses for the employee benefits
and vested medical plans for retirees
- Former
Secretary, Board of Investments and Board
of Retirement
- Past
Chairman and Vice-Chairman, Board of Retirement
- Chairman,
Operations Oversight Committee for LACERA
Board of Retirement
- Current
Chief Environmental Health Specialist, Los
Angeles County
- Member,
SEIU Local 721 Board of Directors, 15 years
- Member,
Chicano Employees Association
- Associate
member, Retired Employees of Los Angeles
County (RELAC)
- Advanced
Workshop on Money Management, The Wharton
School, University of Pennsylvania
- Stanford
University Fiduciary Law for Trustees
- Graduate,
Wilkes University, Wilkes-Barre, PA
- Graduate
work, New York's Long Island University,
Marine Science
- Graduate
work, M.A. Degree in Public Administration,
California State University at Los Angeles
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Michael Schneider |
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Michael S. Schneider, C.P.A. is newly re-appointed to the Board of Investments but has served on the Board previously as Chair in 2007 and Vice Chairman from 1998 – 1999. Welcome back Mr. Schneider.
Here are some of his notable accomplishments:
- Owner of a certified public accounting firm in Los Angeles, California specializing in the real estate and entertainment industries
- Co-founder Aluminum Recycling Company, Inc., which became the largest aluminum can recycler in the nation
- Division Controller, Circuit City (formally Wards Company)
- Corporate Controller, Viviane Woodard Cosmetics
- Taught college statistics at Harbor Junior College
- California State Board of Accountancy - Member 1996 – 2003
- Advisory Committee for the Los Angeles County Assessors Office - Member since 1997
- Los Angeles County Arts Commission – Member 2004 – 2005
- University of California, Los Angeles (UCLA) – Bachelor of Science in Accounting
- University of Southern California (USC) – Master of Science in Quantitative Business Analysis (11-7-05)
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Leonard Unger |
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Mr. Unger returned to the Board of Investments (BOI) in 2008. He has an extensive law background with experience in estates, trusts, and litigation. He currently serves on several boards and is a member of various community, civic, and cultural organizations. In 1998, Mr. Unger received the Thurgood Marshall Award from the Bar Association of the City of New York for his pro bono death penalty work. His knowledge and experience are welcome contributions to the Board of Investments.
Here are some of his notable accomplishments:
- 1974 – current: Levine & Unger in Beverly Hills
- 1973 – Kaplan, Livingston, Goodwin, Berkowitz & Selvin in Beverly Hills
- Practiced law since 1971 – Paul, Weiss, Rifkind, Wharton & Garrison in New York
- Legally represented companies such as Eastern Airlines, Citicorp Card Acceptance Services, Citicorp Diner's Club, Inc. and City National Bank
- Executive Committee, American Jewish Committee, Los Angeles chapter
- Fellow, American Bar Foundation
- Member, Board of Directors, Reprise! Broadway's Best
- Member, Los Angeles County Bar Association
- Member, Beverly Hills Bar Association
- Member, 1984 Rules Committee of the Democratic Party
- Member and former Chair, Board of the Southern California Chapter of the Arthritis Foundation
- Former member, National Board of Trustees of the Arthritis Foundation, four years
- Former President, Board of Directors of the Boalt Hall Alumni Association (1996-97); also served as a member for six years
- Former member, Board of Trustees of the UC Berkeley Foundation (1996-97); also served on the Investment Committee
- Acted as a Judge Pro Tem
- Bachelor of Arts in Political Science with honors from UCLA, 1967
- Juris Doctor degree in Law from UC Berkeley, 1970
- Lives in Los Angeles with his wife, Catherine, a consultant and community and political activist; they have two adult children and one grandchild (2-6-09)
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10/6/09
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