Retirement Industry People Moves

TRA Appoints David Kay as Regional Plan Consultant

The Retirement Advantage Inc. appointed David Kay as a regional plan consultant covering Alaska, Northern California, Idaho, Montana, Oregon, Washington and Wyoming. He will report directly to Darin Edrmann, director of sales and distribution.

Kay brings nearly 20 years of experience in financial services and retirement plans, with expertise in adviser partnerships, plan design and conversion sales.

He also holds several professional credentials, including qualified 401(k) administrator, chartered retirement plans specialist and accredited investment fiduciary, along with FINRA Series 6, 7 and 63 licenses.

Diana Winalski Joins EY Americas as Deputy CIO

Diana Winalski

Diana Winalski joined EY Americas as deputy chief investment officer, effective July 28. Reporting to CIO Walter Kress, Winalski assists in overseeing the firm’s qualified and nonqualified retirement plans, which hold $30 billion in assets.

Winalski was previously the deputy CIO of International Paper, where she also held the title of director of fixed income and defined contribution. She was previously a director of 401(k) investments at the Xerox Corp.; an investment consultant at Rocaton Investment Advisors; and vice president and fixed-income product manager at Wellington Management.

“Diana’s deep institutional expertise, sedulous approach to manager selection and portfolio construction and forward-thinking framework to problem solving, will be invaluable as we continue to optimize and grow our retirement plan system,” Kress said in a statement. “Her commitment to innovation and her extensive network within the industry makes her an exceptional addition to our leadership team.”

Margaret Ryan Named Director of SEC’s Enforcement Division

Margaret Ryan

The Securities and Exchange Commission appointed Margaret Ryan as director of the Division of Enforcement, succeeding Acting Director Sam Waldon, who has served on an interim basis since January.

Ryan’s appointment is effective September 2. Waldon will return to his prior role as chief counsel for the Division of Enforcement.

Ryan is currently a senior judge of the U.S. Armed Forces Court of Appeals, to which she was nominated in 2006 by former President George W. Bush. She was previously a partner in Wiley Rein & Fielding LLP’s litigation and appellate practices and a litigation partner in Bartlit Beck Herman Palenchar & Scott LLP. She also served as a law clerk to Supreme Court Associate Justice Clarence Thomas and U.S. Circuit Judge Michael Luttig of the U.S. 4th Circuit Court of Appeals.

CalSTRS Names Senior Investment Director for Private Markets, Sustainable Investments, Stewardship

Kirsty Jenkinson

The California State Teachers’ Retirement System announced the promotion of Kirsty Jenkinson to senior investment director of private markets and sustainable investment and stewardship strategies.

Jenkinson will report to CalSTRS CIO Scott Chan. She will also succeed Mike DiRé, CalSTRS’ former senior investment director of private markets, who retired earlier this year.

Jenkinson joined CalSTRS in 2019 as director of SISS, a program within CalSTRS which aims to allocate capital to investments that create positive sustainability outcomes. In this role, Jenkinson launched and grew the multi-asset-class SISS private portfolio, which includes investments in venture capital and infrastructure. In that role, she also initialized and led CalSTRS’ net zero strategic priority from its 2021 adoption.

In the new position, Jenkinson will provide senior leadership and strategic direction to CalSTRS’ private markets and SISS teams. She will also help implement CalSTRS’ sustainable investing, stewardship strategies and corporate governance, and will engage portfolio companies and asset managers to mitigate risk and add value to the CalSTRS portfolio.