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Monday, June 29, 2009
Santa Fe Man Named to New Mexico State Investment Council
Associated Press
SANTA FE — A retired corporate executive from Santa Fe has been named to a state board overseeing investments of New Mexico's nearly $11 billion endowment funds.
Gov. Bill Richardson on Monday announced the appointment of Peter Frank to the State Investment Council.
Frank serves on the board of directors of Daymon Worldwide Inc., a Stamford, Conn.-based marketer of private label consumer goods. He was chief financial officer of Daymon from 2001 to 2005, and previously worked more than 30 years for the accounting firm of PricewaterhouseCoopers.
Frank replaces Tom Bonafair, who resigned from the council. His term expires at the end of 2010.
The council oversees management of state permanent funds, which generate money for public schools and other government operations.
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