On Oct. 4, 2016, Governor John Kasich announced his reappointment of Wade Steen to the State Teachers Retirement Board. Steen is president and founder of Steen & Company LLC, with offices in Columbus, Ohio. Steen’s previous experience includes serving as the first fiscal officer for Cuyahoga County’s charter government, and as Chief Financial Officer (CFO) for Lutheran Social Services of Central Ohio and as Franklin County Treasurer. Steen also formerly served as assistant chief deputy auditor for the State of Ohio and an Upper Arlington City Council member. Steen’s term on the Retirement Board will end on Sept. 27, 2020.
Amended Substitute Senate Bill 133 passed in June 2004 included a provision that enabled the Governor to appoint an investment expert to the State Teachers Retirement Board. The 11 members of the board are compensated for expenses only.