Replacement for Swanson Named at MT St Fund

Laurence Hubbard has been appointed by Montana State Fund's (MSF) Board of Directors to serve as the Interim CEO, to replace departing President/CEO, Carl Swanson. Swanson, as earlier reported, made an announcement that he would be retiring February 21 in the wake of continued politicization of the Fund and attempts to raid the Fund's surplus by the state Legislature to cure overall budgetary shortfalls. Swanson also raised the ire of many by being the highest paid state official and securing a sweetheart retirement plan.In making the appointment announcement Board chairman Herbert Leuprecht ...