Board of Directors

Chair: Mr. Neil Roache

Assistant Treasurer and Chief Investment Officer of Johnson and Johnson Pension Trust

Neil Roache joined the Johnson & Johnson benefit investments team in April of 2016 as Assistant Treasurer and Chief Investment Officer of the Johnson and Johnson Pension Trust.  Neil and his team of professionals are responsible for managing all investment related activities for Johnson and Johnson’s defined benefit plans globally as well as the US defined contribution investments, which together total $55 billion.  His team is also responsible for 401k administration, share buyback programs, and administration of the company’s long term incentive programs.  He is a member of the Johnson and Johnson Benefit Investment Committee. 

Prior to joining Johnson and Johnson Neil was Vice President of Private Markets and Investment Strategy at Exelon Corporation in Chicago.  Neil and his team of three were responsible for private equity, real estate, and private credit mandates as well as strategy across $35 billion of trust assets.   He previously served on the investment teams at United Parcel Service and Telcom Ventures (a family office in Washington DC). 

Neil received his undergraduate degree in Finance and Accounting from Bowling Green State University and his MBA from The Wharton School at the University of Pennsylvania.  He also spent 6 years in the US Marine Corps Reserves and is a licensed CPA.  Neil lives in Green Brook New Jersey with his wife and two sons.

Vice Chair: Mrs. Elizabeth Tulach

Chief Investment Officer, The Boeing Company

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.

Treasurer: Ms. Carol Tusch

CIO, International Paper

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