Friday, December 10, 2010
Investment Management Board Officials Getting Raises
WEST VIRGINIA....
Three top officials at the state Investment Management Board are getting raises following a year of healthy returns for West Virginia's pension funds. Kristy Watson, the board's chief investment officer, will receive the highest raise, which amounts to $30,000 more a year. Watson, a former vice president for Morgan Stanley Asset Management in New York, will go from making about $128,000 a year to $160,000, a 25 percent increase. Executive Director Craig Slaughter and chief financial and operations officer Matthew E. Jones are also getting raises. Slaughter's salary will increase from about $152,000 to $162,000. Jones will go from making about $140,000 to $150,000.
Three top officials at the state Investment Management Board are getting raises following a year of healthy returns for West Virginia's pension funds. Kristy Watson, the board's chief investment officer, will receive the highest raise, which amounts to $30,000 more a year. Watson, a former vice president for Morgan Stanley Asset Management in New York, will go from making about $128,000 a year to $160,000, a 25 percent increase. Executive Director Craig Slaughter and chief financial and operations officer Matthew E. Jones are also getting raises. Slaughter's salary will increase from about $152,000 to $162,000. Jones will go from making about $140,000 to $150,000.
# posted by Homer Owens @ 9:18 PM 
