HomeMy WebLinkAboutMinutes - 2024.05.16 - 41572OAKLAND COUNTY EMPLOYEES'
RETIREMENT AND DEFERRED COMPENSATION BOARD
INVESTMENT SUB -COMMITTEE MINUTES
A meeting of the Oakland County Employees' Retirement and Deferred Compensation Board
Investment Sub -Committee was held on May 16, 2024, at 12:02 p.m. in the Waterford
Conference Room of the Executive Office Building.
I. CaII to Order/ Roll CaII
Members Present:
Members Absent
With Notice:
Others Present:
Joseph Rozell, Jeffrey Phelps, James VanLeuven, Robert Wittenberg
Carly Webster, Human Resources
Kelly Pena, Human Resources
Mary Skvarce, Human Resources
Aaron Castle, VanOverbeke, Michaud & Timmony, P.C.
Paul Zelenak, Treasurer's Office
II. Approval of the Agenda
A. Moved by Van Leuven, seconded Phelps to approve the agenda as submitted.
Motion carried.
III. Public Comment
Secretary Webster introduced Mary Skvarce, an intern with Human Resources.
IV. Regular Agenda
V. Reports
A. Aaron Castle of VanOverbeke, Michaud & Timmony, P.C. (VMT) reviewed the
Request for Information from: US Bank, Fifth Third Bank, Comerica Bank, and
Northern Trust. Discussion was held.
Moved by Van Leuven, seconded by Wittenberg to recommend to the full board to
continue with our custodial bank Northern Trust. Motion carried.
VI. Unfinished Business
None
VII. New Business
None
VIII. Trustee Comment
A. Chairperson Rozell adjourned the meeting without objection at 12:36 p.m.
Joseph Rozell, Chairperson
Respectfully submitted,
Carly WebsW, Secretary