$660,000 bonus for state's Chief Investment Officer - WQOW TV: Eau Claire, WI NEWS18 News, Weather, and Sports

$660,000 bonus for state's Chief Investment Officer

Posted: Updated:
MADISON (WKOW) -- Wisconsin Chief Investment Officer David Villa got the largest chunk of the $13.3 million in bonuses awarded to state pension fund managers as a reward for strong investment returns. Wisconsin Investment Board approved the bonuses, which are 66% higher than the $8 million awarded last year.

Villa's $660,000 bonus this year is also much higher than the nearly $421,000 he got last year.

The board announced the overall bonus totals last Friday and the individual amounts Wednesday.

The board manages more than $104 billion in assets, most of which is in the Wisconsin Retirement System, and says over the past five years the staff's investment performance above market returns has added $2.65 billion to the retirement system.

Most Viewed Content

Stories
Videos
loading...
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WQOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's pubic inspection file should contact News Director Dan Schillinger at 715-852-5920. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.