The Ohio State Teachers’ Retirement System (OSTRS) has seen two major resignations in the past months, including Lynn Hoover, acting executive director and CFO, and Matthew Worley, deputy executive director.
Hoovers resignation went into effect on Dec. 1, 2024, and Worley’s will be effective on March 31, 2025. Both employees served at the company for 31 years. These resignations follow controversy regarding OSTRS’ investment management.
OSTRS, a public pension fund, had $97.9 million in total assets under management, as of Dec. 31, 2024.