Board Members

THE BOARD - WHO WE ARE

Board Membership - The Board is comprised of nine voting members appointed by the Governor as prescribed in Section 2-15-124, MCA, subject to confirmation by the state Senate and comprise of the following:

(a) One member from the public employees' retirement board, provided for in 2-15-1009;
(b) One member from the teachers' retirement board provided for in 2-15-1010.

If either member ceases to be a member of the retirement board, the position of that member on the board of investments is vacant, and the governor shall fill the vacancy in accordance with 2-15-124.

(c) Seven members who will provide a balance of professional expertise and public interest and accountability, who are informed and experienced in the subject of investments, and who are representative of:

(i) the financial community;
(ii) small business;
(iii) agriculture; and
(iv) labor.

(d) The Board also has two non-voting legislative liaisons, from different political parties, comprised of the following:

(i) One liaison member appointmed by the President of the Senate; and
(ii) One liaison member appointed by the Speaker of the House.

(4) The board is designated a quasi-judicial board for the purposes of 2-15-124

The Board is allocated to the Department of Commerce for administrative purposes as prescribed in Section 2-15-121, MCA.

The following is a list of current Board members and their tenure:

Terry Moore, Chairman Executive Vice President & Chief Financial Officer First Interstate Bank PO Box 30918 Billings, MT 59116 Business Phone: 406-255-5304 tmoore@fib.com Term Ending: 01/01/2011
Karl Englund Attorney PO Box 8358 Missoula, MT 59807 Business Phone: 406-721-2729 karengl@aol.com Term Ending: 01/01/2011	Maureen Fleming Retired - Professor of Management University of Montana 106 Ironwood Missoula, MT 59803 Business Phone: 406-549-7901 maureen.fleming@bresnan.net Term Ending: 01/01/2011
John Paull Battalion Chief Butte-Silver Bow Fire Dept. 1139 Caladonia Street Butte, MT 59701 Business Phone: 406-723-7588 jpekpaull@in-tch.com Term Ending: 01/01/2009	Jon Satre President - Partner Gordon - Prill - Drapes, Inc. 2028 LeGrande Cannon Blvd. Helena, MT 59601 Business Phone: 406-442-6582 jsatre@gpdinc.com Term Ending: 01/01/2011
Teresa Cohea Vice President D.A. Davidson & Co. PO Box 1677 Helena, MT 59624-1677 Business Phone: 406-442-9600 tcohea@dadco.com Term Ending: 01/01/2009	Jack Prothero Retired - Banking 619 3rd Avenue S.W. Great Falls, MT 59404 Business Phone: 406-761-3683 jprothero@mt.net Term Ending: 01/01/2009
Elouise Cobell PO Box 3029 Browning, MT 59417 Business Phone: 406-338-2992 eccobell@3rivers.net Term Ending: 01/01/2009	Jim Turcotte Raymond James Financial Services 825 Great Northern Blvd., Suite 315 Helena, MT 59601 Business Phone: 406-442-5012 james.turcotte@raymondjames.com Term Ending: 01/01/2009
Senator Dan Weinberg Senate Liaison 575 Delrey Road Whitefish, MT 59937-8042 Business Phone: 406-862-9131	Representative Tom McGillvray House of Representative Liaison 3642 Donna Drive Billings, MT 59102-1119 Business Phone: 406-652-6662

Board of Investments

Board Members

THE BOARD - WHO WE ARE