Council of Institutional Investors selects Bob McCormick as next executive director

The board of directors of the Council of Institutional Investors (CII) has announced that Bob McCormick, a widely respected corporate governance expert, will succeed Amy Borrus as executive director after she retires June 30.

The appointment followed an extensive national search and selection process that began last fall, after CII announced Borrus’s retirement plans. Korn Ferry provided executive recruiting services.

“Bob’s deep knowledge and experience will be a tremendous asset to CII,” said Aeisha Mastagni, CII’s board chair and a senior portfolio manager at the California State Teachers’ Retirement System (CalSTRS). “With Bob at the helm, CII will be well-positioned to build on Amy’s success in advancing good corporate governance, strong shareholder rights and fair financial markets, while expanding CII’s membership and programming.”

McCormick has more than 25 years of experience working in various roles across the corporate governance c