, /PRNewswire/ — The Pennsylvania Municipal Retirement System (PMRS) Board of Directors announced that Timothy Reese, CEO and CIO received national recognition as a 2024 Industry Innovation Award winner by Chief Investment Officer, a leading publication in the investment field.
Reese was nominated among four other leaders in the Public Defined Benefit under $25 billion category. PMRS operates nearly 1,060 pension plans today worth $3.56 billion for 20,000 of the state’s current and retired municipal employees.
“Tim has demonstrated exceptional vision, leadership, and expertise transforming PMRS’ investment strategy and strengthening our operations to better serve our members,” said Barry L. Sherman, PMRS Board Chairman. “This national recognition highlights Tim’s innovative approach and the collaborative efforts of the PMRS team under his guidance. We are proud to see his contributions recognized on such a distinguished stage.”
“I am honored to have received the CIO Asset Owner Industry Innovation Award,” said Reese, who was appointed Secretary earlier this year by PMRS’s Board of …