The San Diego County Employees Retirement Association (SDCERA) has appointed Stephen Sexauer as interim CEO.
Sexauer, who has served as chief investment officer at SDCERA since 2015, will fill in for former CEO David Wescoe, who left to pursue a job opportunity in the private sector at the end of April.
“Steve was the board’s first and only choice to be SDCERA’s interim CEO,” said board chair Samantha Begovich. “He is trusted by the board, incredibly capable and able to provide stability for the staff through this transition.”
Earlier in his career, Sexauer worked as the chief investment officer at Allianz Global Investors, where he managed more than $7 billion in multi-asset institutional portfolios and retirement income solutions.
Sexauer will continue as SDCERA’s CIO during the transition and return to that position full time after a new CEO is hired.