Tight vote selects new chief of state worker pensions


And not using a vote to spare, state Division of Transformation and Shared Providers Secretary Amy Fecher was employed by the trustees of the Arkansas Public Staff Retirement System as its new government director earlier this month, system data present.

Seven trustees voted for Fecher’s appointment, whereas 4 trustees voted in opposition to her appointment and two trustees abstained, the system’s data revealed in a response to the Arkansas Democrat-Gazette’s request underneath the Arkansas Freedom of Info Act for any correspondence regarding the trustees’ votes on June 1 to rent Fecher.

The trustees voted to rent Fecher in a voice vote to guide state authorities’s second-largest retirement system, which has greater than $10 billion in investments and greater than 75,000 working and retired members. She is going to begin work on July 1 with a beginning wage of $165,396 a 12 months.

In interviews after the divided vote, two trustees stated they voted in opposition to Fecher as a result of she lacked a monetary diploma. One other trustee stated he voted in opposition to her as a result of he favored one other candidate with funding expertise.

Fecher was chosen over state treasurer’s workplace Senior Funding Supervisor Steve Pulley; the retirement system’s Chief Funding Officer Carlos Borromeo; and retired Fredericksburg, Texas, Metropolis Supervisor Kent Myers, who’s a former Sizzling Springs metropolis supervisor.

A minimum of just a few trustees may very well be heard throughout the June 1 assembly dissenting from the vote to rent Fecher. But it surely wasn’t clear what number of trustees dissented as a result of not one of the trustees requested for a roll name vote and board Chairwoman Candace Franks did not ask if any trustees abstained from the vote earlier than they departed from the assembly.

In a textual content to Pulley on June 2, Arkansas Municipal League Government Director Mark Hayes wrote “I attempted to push you thru, however i feel it got here right down to politics like [Duncan] Baird’s appointment.

“You’d have been excellent. The system stinks generally,” Hayes wrote in his textual content to Pulley obtained by this newspaper underneath the Arkansas Freedom of Info Act.

Trustee Larry Walther, secretary of the state Division of Finance and Administration, declined to remark in regards to the textual content, stated Scott Hardin, a finance division spokesman.

In 2019, the system’s trustees employed then-state funds administrator Duncan Baird as government director in a voice vote with no dissenters. Trustees chosen Baird over actuary Jody Carreiro and Borromeo. Baird’s predecessor, Gail Stone, served because the system’s government director from July 1, 2001 till Dec. 31, 2018.

Baird, who’s a former Republican state consultant from Lowell, departed the system on April 9 to start work as senior supervisor of profit providers at Walmart the place he’s accountable for administering Walmart’s 401 (okay) plan.

In keeping with system data supplied by interim system director Allison Woods in response to the Arkansas Freedom of Info Act request, the seven trustees who voted to pick out Fecher have been:

• Employees Compensation Fee Chairman Dale Douthit.

• State Division of Labor and Licensing Secretary Daryl Bassett.

• Sebastian County Choose David Hudson.

• Van Buren Mayor Joe Hurst.

• Retired state Home assistant coordinator/assistant to the Home speaker Kaye Donham.

• Walther.

• Retired Alma Police Chief Russell White, who’s the chief of police on the Northwest Arkansas Nationwide Airport.

Douthit, Bassett, Hudson, Hurst and Walther are every appointees of Republican Gov. Asa Hutchinson. White and Donham have been each appointed by Home Speaker Matthew Shepherd, R-El Dorado.

In keeping with the data supplied by Woods, the 4 trustees who voted in opposition to choosing Fecher included:

• State Auditor Andrea Lea, a Republican from Russellville

• Retired Bureau of Legislative Analysis assistant director of analysis Richard Wilson.

• Retired Arkansas Recreation and Fish Fee regulation enforcement corporal Gary Wallace.

• Sizzling Springs Metropolis Engineer Gary Carnahan.

Wilson and Wallace are each appointees of Senate President Professional Tempore Jimmy Hickey, R-Texarkana. Carnahan is an appointee of Hutchinson. As state auditor, Lea serves on the system’s board underneath state regulation.

Trustee Jason Brady, who’s chief deputy state treasurer for operations, and Franks, who’s the state’s retired financial institution commissioner, each abstained from the vote, in line with the data supplied by Woods.

Brady serves on the board because the consultant of Republican state Treasurer Dennis Milligan of Benton. The state treasurer serves on the board underneath state regulation. Earlier this month, Brady stated that he abstained from voting on hiring Fecher as a result of one of many treasurer’s workplace staff was a candidate for government director.

Franks, who’s an appointee of Hutchinson, stated final week that she sometimes would not vote because the board’s chairman until she has to vote to interrupt a tie, however “I feel the board made a superb choice.”

After the trustees chosen Fecher, Hutchinson stated earlier this month that “This was a call made by the board independently and I applaud their diligence within the choice course of.”

On Thursday, Hickey stated Thursday that he did not point out his desire for both Wallace or Wilson.

Requested in regards to the trustees’ number of Fecher, Hickey, who’s amongst her legislative critics, stated Thursday, “I haven’t got any remark.”

Shepherd stated Thursday in a written assertion that “I didn’t contact any of my appointees to the APERS Board of Trustees relating to the Government Director place.

“As with the various actions of our boards and commissions, I belief members make selections in the most effective curiosity of the state of Arkansas,” Shepherd stated.


Fecher, who has a bachelor’s diploma in bodily science from the College of Central Arkansas, has been secretary of the state Division of Transformation and Shared Providers since 2019.

She additionally served because the state’s chief transformation officer from 2016-2019, government vp for the Arkansas Financial Improvement Fee from 2015-2019 and director of the Division of Rural Providers in 2015 underneath Hutchinson, in line with her resume. She labored as assistant director in Gov. Mike Huckabee’s workplace from 2000-2001, deputy director of the Division of Rural Providers from 2001-2005 and as legislative guide and liaison for state officers for the Hutchinson Group consulting agency from 2005-2007, her resume states.

The job description for the retirement system government director put up requires minimal training and/or expertise that features a bachelor’s diploma in enterprise administration, accounting, finance, economics, public administration or a associated area and 5 years of government expertise reporting on to company or public management, together with three years in a supervisory or managerial capability.

Woods stated in an electronic mail dated April 22 to the 5 trustees on the choice committee that if any of the 21 candidates for the job didn’t meet not less than one element of the three parts of the minimal necessities, they’d be decided to not have met the general minimal necessities.

“For the diploma requirement, which mentions a associated area, we accepted any area of research so long as that they had earned a level,” she stated.

Appearing as a spokesman for Walther, who served as chairman of the trustees’ choice committee, Hardin stated Thursday in a written assertion that “The choice by APERS employees to permit any bachelor’s diploma to proceed (together with the opposite necessities) supplied the choice committee the discretion to find out whether or not a level was inside a associated area as there was not a proper checklist of associated levels.

“Whereas a bachelor’s diploma could also be required for positions all through state authorities, it’s not unusual for hiring officers to have discretion relating to the kind of diploma,” he stated.

Hardin stated that Walther indicated that 9 candidates have been decided to fulfill necessities primarily based on data supplied to him by the system’s employees, and the choice committee on April 28 selected 4 candidates for an interview.

The choice committee embrace Walther, Bassett, Carnahan, Wilson and Lea.

Earlier this month, Wilson stated he voted in opposition to hiring Fecher as a result of “we had a disagreement on a technical problem.

“Amy meets quite a lot of necessities. Everyone knows that,” he stated.

However Wilson stated that “the way in which that they have been written there was a disagreement” about whether or not the bachelor’s diploma must be in enterprise administration, accounting, finance, economics, public administration or a associated area.

Lea stated earlier this month that she voted in opposition to choosing Fecher as a result of Fecher’s bachelor’s diploma “is in science and never finance and the opposite candidates all had monetary backgrounds and levels.”

However Carnahan stated final week that “to me, that was not a hardline rule” for the chief director to have a bachelor’s diploma in a finance-related area.

Whereas he stated he voted in opposition to hiring Fecher because the system’s government director, he stated that “I used to be actually voting for one of many different candidates,” whom he declined to determine.

“She may be very robust in having a superb understanding of working with the legislative course of, and the governor’s workplace and and in addition managed authorities companies,” Carnahan assist. “We’re all 110 % behind her and can do every thing we are able to to work together with her.”

White stated he voted to pick out Fecher because the system’s government director as a result of he felt like she was your best option for the place.

He stated Fecher — who has expertise in coping with lawmakers relating to laws and can attain out to the system’s members at city corridor conferences — and one of many candidates with monetary funding expertise, whom he declined to determine, had the most effective interviews for the job.

Borromeo already supplies “actually good monetary management for the system,” White stated.

White stated lobbyist Rett Hatcher, a former aide to Hutchinson, endorsed Fecher as the most effective candidate for the system’s government director job.

“No one stated the governor needed her for the job.”


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