Vincent Brown, chief executive officer of the Santa Barbara County Employees’ Retirement System (SBCERS), has notified the county he’s leaving the post effective June 24 to take another
in-state job.
The county is currently seeking a replacement for Brown; in the meantime, SBCERS Assistant CEO Lila Deeds will take over as the interim CEO. Brown is on vacation until his last day and wasn’t immediately available for comment.
Deeds wouldn’t reveal any further details about Brown’s departure, but did say an announcement is expected from his new employer after June 16. Deeds said the county will be conducting a nationwide recruitment campaign to fill the CEO position, and has invited recruiting firms Alliance Resource Consulting and Cooperative Personnel to submit proposals to help with the search.
The Santa Barbara County Board of Retirement appointed Brown as CEO of the retirement system in May 2009, when he took over for Interim Chief Executive Officer Tom Ford. During his two years with the county, Brown oversaw the county’s $1.98 billion pension fund.
Hired by the county from accounting firm Grant Thornton, Brown previously served as chief deputy director of the California Department of Finance, chief operating officer for the California State Controller, and deputy executive officer at the California Public Employees’ Retirement System.
This article appears in Jun 9-16, 2011.
