2010 BOI Member Bios

	Herman B. Santos — Chair
	Mr. Santos began his first term on the Board of Investments in January 2004 and has been reelected several times, serving as Vice Chair of the Board, Chair of the Board's Corporate Governance Committee, and Vice Chair of the Board's Audit Committee. Mr. Santos continues to serve. 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 Defender's 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)

	John M. Barger — Vice Chair
	Mr. Barger comes to the LACERA Board of Investments with over 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 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)

	Diane A. Sandoval — Secretary
	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 (two 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)

	William R. Pryor
	Mr. Pryor has been a dutiful servant for the 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 on both the Board of Retirement and the Board of Investments. He has also served 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-firemen'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)

	Mark Saladino
	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 LACERA since 1998 when he first started serving on the Board of Retirement and the Board of Investments. 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

	Simon S. Russin
	Mr. Russin's contributions are many. He has devoted years of his life to help LACERA become the respected institution it is today, while also protecting the rights and benefits of its members. During his long and impactful tenure Mr. Russin has served as Secretary, Vice Chair and Chair. He continues to serve in various capacities. Mr. Russin has been on the Board of Retirement since 1983 and first sat on the Board of Investments in 1985, where he has been reelected several times. His experience, knowledge and service history make him a vital asset to both Boards. 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 Current Vice Chair, Board of Retirement Former Secretary, Board of Investments and Board of Retirement Past Chair and Vice Chair, Board of Retirement Former Chair, 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, MA Degree in Public Administration, California State University, Los Angeles

	Michael Schneider
	Michael S. Schneider, CPA, has previously served on the Board of Investments as Chair and Vice Chair. The Board appreciates Mr. Schneider's continued service. 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 Assessor's 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)

	Leonard Unger
	Mr. Unger returned to the Board of Investments 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–present: 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)

	Estevan R. Valenzuela
	Mr. Valenzuela was first appointed to the Board in 1999. He has served in key leadership positions including Vice Chair and Chair. Mr. Valenzuela brings over 25 years of successful business and public sector experiences to the Board. Here are some of his notable accomplishments: Executive Vice President and Chief Operating Officer for the Los Angeles Community Development Bank (LACDB); The LACDB provides debt and equity to eligible businesses within the Los Angeles federal empowerment zone. Senior Manager/Director of Public-Private Consulting practice at Ernst & Young LLP; there he was involved in the negotiations culminating in the Staples Center. Director of Operations for L.A. Community Redevelopment Agency Founding Board member of the One-Stop Capital Shop, a partnership between the SBA and City of LA to provide capital to entrepreneurs in South Los Angeles. BA, Harvard University A proud "Rough Rider" (Roosevelt High School)

2010 BOARD OF INVESTMENTS