Excerpt from the Dayton Daily News
The new executive director of the State Teachers Retirement System previously managed public pension systems in North Carolina but has roots in Columbus.
Steven C. Toole was named executive director at a recent STRS board meeting. He will begin the new job on July 14. The previous director was paid to leave in 2024 and a previous interim director left in 2024.He will replace Aaron Hood, who was the interim executive director since December.
“Steven Toole has exceptional experience, having successfully led one of the nation’s largest public pension systems,” said Rudy Fichtenbaum, retirement board chair. “Mr. Toole has also held senior management positions in the private financial services sector. We are confident he will do an outstanding job continuing STRS Ohio’s mission of providing a financial foundation for Ohio’s more than 530,000 active, inactive and retired members.”
Toole said he is “thrilled” to become part of STRS.
“I look forward to working with the Board and staff on the critical issues facing STRS Ohio and public pensions around the country,” Toole said.
Toole served as executive director of the state of North Carolina’s retirement systems from 2011-2019, where he led systems covering nearly one million current and retired public employees in the state.
