CII to Conduct Director Search

September 29, 2004 ( - Sarah Ball Teslik, the Executive Director of the Council of Institutional Investors (CII) is resigning to accept the position of Chief Executive of the Certified Financial Planners Board of Standards, Inc.

According to a statement on the CII Web site, Meredith Williams, executive director of the Colorado Public Employees’ Retirement Association and the Council’s board chair will coordinate a search for a replacement along with other board members.

Teslik is the only executive director the Council has had in its 20-year history. In each of these years the Council has increased its membership, budget and reserves, according to the statement.