Indiana PERF chooses Magid

Posted: April 27, 2007, 3:59 PM EST

Terren B. Magid was named executive director of the $16.4 billon Indiana Public Employees’ Retirement System, Indianapolis, according to a statement from Gov. Mitchell E. Daniels Jr., who appointed him. Mr. Magid replaces David J. Adams, who submitted his resignation in February and will leave the position June 1. Mr. Magid was deputy director and chief operating officer of Indiana PERF. Fund officials couldn’t be reached for information on how he will be replaced.

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