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Robert A. Chick to Serve on LACERS Board of Administration

LOS ANGELES (Aug. 24, 2010) – Robert A. Chick has been appointed by Mayor Antonio R. Villaraigosa, and was confirmed by the City Council on Friday, August 20, 2010, to serve on the Los Angeles City Employees’ Retirement System’s (LACERS) Board of Administration for the term ending June 30, 2015.

Chick has served as the Chairman of the Board of Directors of Lawyers’ Mutual Insurance Company since 2009 and as Vice Chairman from 2003 to 2009. He was President and Chief Executive Officer from 1978 to 2003.

Chick has served on several City commissions including the Los Angeles Board of Library Commissioners from 2001 through the present, the Los Angeles Board of Airport Commissioners from 1984 to 1993, and the Los Angeles Board of Transportation Commissioners from 1977 to 1984. Additionally, he served as president at each of these commissions.

He holds bachelor’s and master’s degrees in Law from Oxford University as well as a bachelor’s degree in Public Administration from the University of Southern California.

“Mr. Chick’s experience in both public and private sectors will be beneficial to our Board,” said Roberta Conroy, President of the LACERS Board of Administration. “I look forward to working with him.”

Chick fills the Board position left by Commissioner Steven Uranga whose term expired on June 30, 2010. Commenting on Uranga’s departure from the Board,Conroy said, “Commissioner Uranga always asked the right questions, keeping the best interests of our members in mind.”

At its July 27 meeting, the LACERS Board of Administration reelected Roberta Conroy as Board President and Rick Rogers as Board Vice President for the 2010-2011 fiscal year.
LACERS Board of Administration is comprised of four mayoral appointees, two elected active City employees and one elected retired City employee. LACERS administers the City’s pension plan to more than 45,000 active and retired City employees and their beneficiaries. LACERS’ portfolio is approximately $9.7 billion.