Illinois TRS sticks with Rupnik. No explanation of past departures.

The Illinois Teacher Retirement System made Stanley Rupnik the executive director. Rupnik has been acting director since Richard Ingram, the former executive director, left under a cloud.

The TRS board has refused to comment on Ingram’s departure, nor have any board members made comments about the departure of several other high level executives.

 SPRINGFIELD, IL – The Teachers’ Retirement System Board of Trustees today named R. Stanley Rupnik, an 18-year veteran of the System, as the new TRS Executive Director / Chief Investment Officer.
 
Rupnik has served as acting executive director since August of 2020 while retaining his previous role as CIO. He joined TRS from the private sector in April 2003 as director of investments and was named CIO in November of 2004. He previously served TRS as acting executive director between 2009 and 2011. His selection by the Board concludes a nationwide search for a new leader at TRS, which is the 40 th largest public pension system in the United States.
 
“We as a Board feel very comfortable with the way Stan has managed this wonderful institution,” said TRS Board President Devon Bruce. “You have done a great job in the last year and will continue to do so.”

One thought on “Illinois TRS sticks with Rupnik. No explanation of past departures.

  1. “His selection by the Board concludes a nationwide search for a new leader at TRS.”
    There are 331,449,281 people in the USA in 2021.

    Rupnik lives in the state capitol, Springfield. He has worked for TRS for 18 years.

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