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September 1, 2017: TRS Announces New Executive Investments Team

FOR IMMEDIATE RELEASE: Sept. 1, 2017

TRS Announces New Executive Investments Team

AUSTIN –Jerry Albright, recently named the new chief investment officer (CIO) for the Teacher Retirement System of Texas (TRS), has announced his new executive team that will lead TRS’ Investment Management Division (IMD), effective immediately:

Jase Auby has been named TRS’ deputy CIO.

Sylvia Bell has been promoted to chief operating officer.

Katy Hoffman will serve as chairperson of the TRS Internal Investment Committee.

Eric Lang will continue as director for External Private Markets.

James Nield has been named chief risk officer.

Dale West has assumed responsibilities for Global Public Markets.

“These promotions are well deserved because each member of my new executive team has demonstrated cutting edge innovation and expertise in his or her field. As a direct result of their work to date, TRS has become an industry leader in the pension space unmatched by any other public organization.” said Albright. “Through these talented staff members, we’ve instilled a culture of excellence that will be the key to our continued success.”

TRS Executive Director Brian Guthrie said, “Our members can rest assured that TRS’ role as an industry leader will continue as we build upon the strengths that we have developed in recent years. Under Jerry’s leadership, I am confident that our most successful days are yet to come.”

TRS delivers retirement and related benefits that have been authorized by the Texas Legislature, and manages a more than $140 billion trust fund established to finance member benefits. Nearly 1.5 million public education and higher education employees and retirees currently participate in the system.

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.

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