House Representative

Straus, Joe

FOR IMMEDIATE RELEASE 07/22/2016

STRAUS APPOINTS WYATT TO ERS BOARD

AUSTIN – Texas House Speaker Joe Straus has appointed Jeanie Wyatt of San Antonio to the Employees Retirement System of Texas Board of Trustees.

A Chartered Financial Analyst, Wyatt is the CEO and Chief Investment Officer of San Antonio-based South Texas Money Management (STMM). Prior to founding STMM, she was Executive Vice President and head of Frost Investment Services (Cullen/Frost Bankers, Inc.) She was responsible for the investment areas of nine trust departments around the state with approximately $13 billion in assets.

In recent years, Barron’s magazine has named her to the Top Financial Advisors by State list, as well as the Top 100 Women Financial Advisors list and the Top 100 Independent Advisors list. She has served on the State Pension Review Board and the National Endowment Fund Board of Trustees of the American Red Cross.

“I want to thank Jeanie Wyatt for stepping forward to serve,” said Speaker Straus, San Antonio. “She is nationally recognized for her work in the financial sector and has made a very positive contribution to our business climate in San Antonio. State employees and retirees will benefit from her expertise and judgment.”

The six-member ERS board oversees investment of the retirement trust fund and the administration of benefits for state employees, retirees and their dependents. The Speaker of the House appoints one member of the board. Wyatt will replace Frederick E. Rowe, Jr. as the Speaker’s appointee.

Contact: Jason Embry