Common use of SELECTION OF EXECUTIVE DIRECTOR-ADMINISTRATOR Clause in Contracts

SELECTION OF EXECUTIVE DIRECTOR-ADMINISTRATOR. The selection of any future JPFPF’s Executive Director-Administrator shall be governed by a professional process subject to Florida law in which the candidate shall be selected by the JPFPF using the City Employee Services Department’s search and selection processes, and, if necessary, utilizing the assistance of an executive search firm retained by the JPFPF. A salary and benefits survey should be conducted prior to advertising for the position in order to establish a compensation level comparable to funds of similar size and complexity to the JPFPF. In addition to the requirements of applicable law, candidates will be required to have a minimum of five years of pension administration or institutional investment experience, expertise in the oversight of investment portfolios, and a degree in finance, economics, accounting or a related area of study from an accredited university. Comparable experience administering the activities of a state or local public pension plan will also be considered. Candidates who are CPAs or who have a JD, MBA or CFA degree will be preferred.

Appears in 6 contracts

Samples: Retirement Reform Agreement, Retirement Reform Agreement, 2014 Retirement Reform Agreement

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