State Treasurer Janet Cowell has named Shawn Wischmeier as the state's new chief investment officer for the state's $68 billion retirement system.
Wischmeier has been chief investment officer for the Indiana Public Employees' Retirement Fund since 2006 and before that was with Eli Lilly and Company's Global Treasury Group, Rob Christensen reports.
He will make $320,000 per year base salary.
He replaces Pat Gerrick who was fired last August amid questions about her travel expenses and cell phone bills.

Comments
What's with the lovefest for all things Hoosier?
June 7, 2010 - 4:36pm — Notsurewhere_NCGerrick came here from Indiana, the new head Woodson at NCSU from Indiana, and now this Wischmeier guy?
Guess everyone else here is corrupt, already hired by Easley, & Perdue, or over qualified. Life goes on, in the banana republic of NC