FOR IMMEDIATE RELEASE: February 22, 2019
Teacher Retirement System of Texas hires Chief Operations and Administration Officer
AUSTIN – The Teacher Retirement System of Texas (TRS) announced Andrew Roth has been hired as Chief Operations and Administration Officer and will start in April 2019. He replaces Ken Welch, who retired in 2018.
Roth comes to TRS from the California State Teachers' Retirement System (CalSTRS) where he served as the executive responsible for the administration of its largest business area, the Benefits and Services branch.
He began his tenure with CalSTRS in 2012 as the director of Client Outreach & Guidance. Prior to joining CalSTRS he worked in several other California state agencies including the Departments of Public Health, Business Oversight, Social Services, and the Bureau of State Audits. In 2009, he was awarded the North American Securities Administrators Association’s Distinguished Service Award for his contributions to investor protection efforts in North America.
In his new role at TRS, he will be responsible for all day to day operations, including delivery of shared services and oversight of key business units including Benefit Services, Health Care, Information Technology, Finance and Organizational Excellence.
"I'm excited for the opportunity to join the team of experienced professionals at TRS and apply my skill sets to improving the retirement security of Texas educators," said Roth.
Roth will report directly to TRS who commented, “Andrew brings a wealth of experience and skills that are needed to meet the operational needs of our growing system…with his demonstrated leadership ability and fresh perspective, I am confident he will make valuable contributions from day one.”
Roth holds a Bachelor of Arts in history and a Master of Public Administration from the University of Washington.
The Teacher Retirement System of Texas (TRS) is one of the largest retirement systems in the nation. The system's core mission is to make a positive difference in the lives of Texas educators by prudently investing and managing trust assets and delivering member benefits. As of August 31, 2024, TRS pension fund had a market value of $209.5 billion.