Board of Directors

Elizabeth Tulach, Chief Investment Officer, The Boeing Company

Chair: Mrs. Elizabeth Tulach

Elizabeth M. Tulach is the Chief Investment Officer for The Boeing Company with responsibility for overall plan strategy, asset allocation, implementation and risk management across the Defined Benefit and Defined Contribution plans.  Prior to her appointment as CIO, Liz was the Deputy Chief Investment Officer. She was the Managing Director – Strategy and Asset Allocation for seven years and spent the first six years at Boeing as the Managing Director –  Alternatives.

Prior to joining Boeing in November 2005, she was a Senior Vice President at GE Capital where she focused on both Private Equity Fund and direct equity investing. From 1995 to 2002 she was a member of The University of Chicago Office of Investments and for the last three years of her tenure, the Assistant Vice President and Director of Private Equity.

Ms. Tulach received an M.B.A. from The University of Chicago and a B.S. degree in Accountancy from Northern Illinois University. She is a Certified Public Accountant and a CFA Charterholder.

She currently serves as a board member of the Chicago Public Library Foundation. She is also an investment advisor to the board of The Cleveland Foundation.

Jon Glidden, Managing Director - Pension Investments, Delta Air Lines

 Vice Chair: Mr. Jon Glidden

Jon is responsible for Delta Air Lines’ defined benefit and defined contribution pension plans.  In this role he oversees all aspects of the plans including asset allocation, alpha generation, and plan level risk management. 

Prior to joining Delta in 2011, Jon was Director of Manager Research at Wilmington Trust.  There he constructed and provided oversight of multi-manager portfolios across both traditional and alternative asset classes.  Jon was also a member of Wilmington’s Investment Strategy Team which set strategic and tactical asset allocation for Wilmington’s clients.  Prior to joining Wilmington Trust in 2007, Jon spent six years with Emory University’s Endowment Fund, most recently as the Director of Investment Analysis.  In this position, Jon sourced and conducted due diligence on global equity managers, global fixed income managers, and hedge funds.

Jon holds a master’s degree in Financial Mathematics from the University of Chicago, an MBA from Emory University, and a bachelor’s degree in Mechanical Engineering from the Georgia Institute of Technology.  He served as an officer in the US Navy as the Tomahawk Missile Officer on USS Stout (DDG-55) and the Weapons and Boarding Officer on USS Firebolt (PC-10). 

Carol Tusch, CIO, International Paper

Treasurer: Ms. Carol Tusch

Carol Tusch is the Chief Investment Officer for International Paper’s pension and savings plans valued at over $14 billion.  She is responsible for the investment oversight of all asset classes as well as asset allocation and risk management.  She also serves as the Treasurer for IP’s Foundation, Employee Relief Fund and Quarter Century Society.

Prior to joining International Paper in 1999, Ms. Tusch spent 16 years at Verizon where she worked in the pension area and was responsible for investments in various asset classes including stocks, bonds, private equity, real estate and timber.  She was also responsible for the oversight of the savings plan investment options as well as management of the Canadian pension plan.

Carol received her MBA from University of Connecticut and has a BS in finance from Fairfield University. 

Carol lives in Stamford, CT with her husband and has three adult children.

Secretary: Jay Vivian 

Jay Vivian retired 9 days before the market peak in 2007 as head of the $135 billion IBM Retirement Funds system.  He led the Funds' successful weathering of 2001-2002's 'perfect storm' and a number of benefit redesigns, oversaw implementation of major programs in DB asset diversification and LDI, and continued development of IBM's award-winning 401(k) plan.

He holds an AB in math from Bowdoin, an MBA from Harvard Business School, and is a CFA charterholder.  He was vice chair of CIEBA and remains active.  He has served on a number of non-profit boards, and is now on advisory boards for Rebalance and Club Vita.

Plan Sponsor gave him their Lifetime Achievement Award in 2010, and he has been featured in articles and interviews in NYTimes, WSJ, USA Today, MSN Money, P&I, Institutional Investor, and aiCIO.

Directors

Ruth Bosco Xerox Corporation
Paul Cavazos American Beacon Advisors
Harshal Chaudhari GE Aerospace
Joe Fazzino RTX
Jessica Hart Exelon
Walter Kress
Ernst & Young
Jeff Lewis FedEx
Neil Roache Johnson & Johnson