APFC’s Board of Trustees hold Special Meeting to address talent recruitment and retention issues

In Board of Trustees, Uncategorized by Paulyn

Juneau – The Board of Trustees held a Special Meeting in Anchorage and via webinar on July 12, 2022, to address long-standing APFC recruitment and retention issues, specifically related to salaries and incentive compensation.

“We recognize that recruitment and retention of world-class talent are essential to the prudent management and success of the Alaska Permanent Fund,” said APFC Board Chair Craig Richards. “We are thankful for the support received from the Alaska Legislature. Through these positive discussions, the APFC Board is working towards solutions to staff compensation challenges to ensure the Fund continues its multi-decade history of world-class asset management into the next generation.”

A follow-up Compensation Committee meeting is scheduled to take place on July 28.

Archived video recordings of all Board of Trustees meetings can be found on our website at https://apfc.org/bot-video-archive/.