Executive Director of the Kentucky Public Pensions Authority-KPPA
KPPA, which manages $25 billion in assets and serves over 421,000 members and beneficiaries in 3 pension trusts and an insurance trust, broken down into 10 funds, is seeking an Executive Director. The current Executive Director, David Eager, recently announced plans to retire.
KPPA is in the fifth straight year of improved funding, targeting all 10 funds to be fully funded by 2049. Currently, 4 funds have already reached that goal. Moody’s and Fitch recognized this improvement when they increased the State’s bond ratings. Further, KPPA is recognized for its innovations and participation in national retirement associations.
Role, Responsibilities and Qualifications
Candidates should be capable of leading and managing a staff of over 250 who support the members and beneficiaries and investment of assets, and working collaboratively, fostering positive relationships, with key legislators, the Governor’s Office, 3 Boards, and serving as the agency’s spokesperson.
Experience working in a state and/or municipal retirement system(s), a political environment and with statutes and regulations is preferred and demonstrated leadership skills which promote diversity and a culture of continuous improvement is required.
The ideal candidate will be someone whose personal values reflect the core values of KPPA: integrity, accountability, transparency, trustworthiness, and commitment to public service.
Compensation will relate to the candidate’s experience and credentials. The salary ranges between $200K and $230K. The position is in Frankfort, KY. The agency maintains a hybrid work schedule and many employees choose to live in the surrounding areas such as Louisville or Lexington.
Kentucky is a great place to live. KPPA is an equally great place to work. In our last employee survey, 94% of employees stated they feel they are part of a team.
For more detailed information on the Executive Director position, click here.
Applications for this position were due on Monday, January 15, 2024.
An Equal Opportunity Employer, including disability/veterans.