VRS director resigns
The director of the Virginia Retirement System has resigned to become president and CEO of ICMA-Retirement Corp.
The resignation of Robert P. Schultze will become effective on Feb. 16. He joined VRS as director in 2005.
ICMA-Retirement, based in Washington, D.C., is a provider of public-sector retirement plans and related services.
Before his career with VRS, Schultze served as executive commissioner of the Virginia Department of Taxation, staff director of the Virginia House Appropriations Committee, director of the Virginia Education Loan Authority and deputy chief of staff in the administration of Gov. L. Douglas Wilder.
The VRS board of directors said it will retain a consultant to conduct a national search for a new director.