Washington State Investment Board preps for new executive director

The Washington State Investment Board (WSIB) announced the retirement of Executive Director Theresa Whitmarsh, effective December 31, 2021.

The search for the leadership at the $165 billion public investment fund has been launched and is progressing on schedule, according to Board Chair Joel Sacks. The due diligence and interview work is expected to continue through mid-2021.

“Our goal is to put in place a strong and seamless transition that fully respects the investment process and proven capabilities of this organization,” said Sacks. “No one can expect full replacement of Theresa’s exemplary leadership. Instead . . .

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