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Vision and Leadership

Perspective

Fall 2018

The Rev. Thomas Brown, Chair, The Church Pension Fund Board of Trustees

Church Pension Fund Trustees: Vision and Leadership

Five new trustees have joined The Church Pension Fund Board of Trustees (CPF Board): the Very Rev. Sam Candler, the Rt. Rev. Julio Holguín, Yvonne O’Neal, the Rev. Austin K. Rios, and Linda Watt. They all jumped in with both feet at their first Board meeting, in September.

The CPF Board is responsible for oversight and for approving major policy decisions that affect investment strategy, pension benefits, and other products, services, and resources offered by CPG. Working closely with CPG’s executive leadership team, the CPF Board helps determine the strategic direction of CPG’s three lines of business: employee benefits, property and casualty insurance, and publishing.

The five new trustees were among the following 12 who were elected at the 79th General Convention to serve either a first or second six-year term on the CPF Board. They have joined 12 other trustees, whose terms expire in 2021, and Mary Kate Wold, CEO and President of CPF, who is the 25th trustee. Read about the backgrounds of all CPF Trustees.

Canon Rosalie Simmonds Ballentine*
Attorney, Law Office of Rosalie Simmonds Ballentine, P.C.
Diocese of the Virgin Islands, Province II

The Rt. Rev. Diane M. Jardine Bruce*
Bishop Suffragan
The Episcopal Diocese of Los Angeles, Province VIII

The Very Rev. Sam Candler
Dean, The Cathedral of St. Philip
Diocese of Atlanta, Province IV

The Rt. Rev. Clifton Daniel, III*
Dean, The Cathedral Church of Saint John the Divine
Diocese of New York, Province II

Delbert C. Glover, Ph.D.*
Vice President (retired), DuPont
Diocese of Rhode Island, Province I

The Rt. Rev. Julio Holguín
Bishop (retired)
Diocese of the Dominican Republic, Province IX

Ryan K. Kusumoto*
President and CEO, Parents and Children Together
Diocese of Hawaii, Province VIII

Canon Kathryn Weathersby McCormick*
Canon for Administration and Finance (retired)
Diocese of Mississippi, Province IV

Yvonne O’Neal
Financial Consultant
Diocese of New York, Province II

Solomon S. Owayda*
Founding Partner, Mozaic Capital Advisors
Diocese of Massachusetts, Province I

The Rev. Austin K. Rios
Rector, Saint Paul’s Within the Walls Episcopal Church
Convocation of Episcopal Churches in Europe, Province II

Linda Watt
U.S. Ambassador (retired)
Former Chief Operating Officer of the Episcopal Church
Diocese of Western North Carolina, Province IV

New Board Leadership

The Rev. Thomas Brown has been elected Chair of the CPF Board, and Canon Kathryn Weathersby McCormick and the Rt. Rev. Brian N. Prior have been elected Vice Chairs. We spoke to these new leaders about their visions for the triennium ahead. For each of them, the role of strong relationships—with the broader Church, with CPG leadership, and with each other—is central.

“I want the Board to continue to be a community of prayer, friendship, and trust—gifts that are needed in our world now more than ever,” Chair Brown explained. “We must support CPG leaders as they continue the strides they have already made with the pension fund in many areas, particularly socially responsible investing. And I want to help Mary Kate Wold and her team continue to recruit and retain excellent talent to serve the Church with the level of excellence they have shown for the past century.” Learn more about what motivates Chair Brown in this video.

Front of mind for Vice Chair McCormick is CPG’s relationships with and service to lay employees. “As a retired diocesan administrator, I know how important it is for CPG to fully understand the retirement needs and concerns of lay employees,” she said. “At the same time, we want the Church to understand how committed CPG is to serving lay employees. This has been an area of focus for a long time, but over the next three years I look forward to participating in the Board’s ongoing discussions about these evolving issues.”

“I would like to increase the capacity of the Board to know each other, to build on existing relationships,” Vice Chair Prior told us, “so that when we need to make tough decisions, we are fully comfortable speaking truth to each other. I want the Board to be a bridge between CPG and the broader Church, especially the House of Bishops, and anywhere else where bridge-building could be helpful.”