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<span style="font-size:18.0pt;font-family:"Open Sans",sans-serif">Dear Emeriti:<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:7.0pt;mso-line-height-alt:16.0pt;vertical-align:baseline">
<span style="font-size:18.0pt;font-family:"Open Sans",sans-serif">You may have read that Lynn Hoover is the acting executive director of STRS because the executive director Bill Neville has been on administrative leave. Ms Hoover will hold a town hall in Athens
to discuss the matter and describe how STRS is being managed. All are invited and no registration is required. Here is the meeting information:
<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:7.0pt;mso-line-height-alt:16.0pt;vertical-align:baseline">
<span style="font-size:18.0pt;font-family:"Aptos",sans-serif">Wednesday, Feb. 21, 5–6 p.m. at the Athens Community Center<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:18.0pt;font-family:"Aptos",sans-serif">701 E. State St. Athens.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt;font-family:"Aptos",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt">Below is a statement which is posted on the STRS website.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:18.0pt;font-family:"Open Sans",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:7.0pt;line-height:16.0pt;vertical-align:baseline">
<span style="font-size:16.0pt;font-family:"Open Sans",sans-serif">“Lynn Hoover to Continue as Acting Executive Director<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">State Teachers Retirement Board Chair Dale Price released the following statement during the board’s February
meeting:<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">The State Teachers Retirement Board has reviewed the executive summary of a report from the Ohio Attorney General’s
Office regarding an investigation of STRS Ohio Executive Director Bill Neville.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">As a result, the board approved the following three motions:<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:10.5pt;margin-left:67.5pt;text-indent:-.25in;mso-list:l0 level1 lfo1;vertical-align:baseline">
<![if !supportLists]><span style="font-family:Symbol;color:#333333"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Chief Financial Officer Lynn Hoover will continue as acting executive director.<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:10.5pt;margin-left:67.5pt;text-indent:-.25in;mso-list:l0 level1 lfo1;vertical-align:baseline">
<![if !supportLists]><span style="font-family:Symbol;color:#333333"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Mr. Neville will continue on paid administrative leave through Friday, May 17.<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:10.5pt;margin-left:67.5pt;text-indent:-.25in;mso-list:l0 level1 lfo1;vertical-align:baseline">
<![if !supportLists]><span style="font-family:Symbol;color:#333333"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">The board will contract with a third party at its March meeting to provide professional development for Mr. Neville.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">The professional development for Mr. Neville is tentatively scheduled to run through mid-May, at which time
the board will determine his status with the organization.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">STRS Ohio will continue its unwavering focus on Ohio’s public educators and their families to protect their
financial security. As acting executive director, Ms. Hoover and the exceptional team at STRS Ohio are protecting the stability and integrity of the organization on behalf of all constituents and personnel. Daily operations are being maintained as usual for
the pension fund’s 530,000 retirees, active and inactive members.”<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Please feel free to attend. When the Emeriti Association has more information, we will share it on the listserv.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Best regards,<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Rosemary Rossiter<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Em Prof of Economics<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">President, Ohio Univ Emeriti Assc<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333"><o:p> </o:p></span></p>
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<div class="WordSection1">
<p class="MsoNormal" style="margin-bottom:7.0pt;mso-line-height-alt:16.0pt;vertical-align:baseline">
<span style="font-size:18.0pt;font-family:"Open Sans",sans-serif">Dear Emeriti:<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:7.0pt;mso-line-height-alt:16.0pt;vertical-align:baseline">
<span style="font-size:18.0pt;font-family:"Open Sans",sans-serif">You may have read that Lynn Hoover is the acting executive director of STRS because the executive director Bill Neville has been on administrative leave. Ms Hoover will hold a town hall in Athens
to discuss the matter and describe how STRS is being managed. All are invited and no registration is required. Here is the meeting information:
<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:7.0pt;mso-line-height-alt:16.0pt;vertical-align:baseline">
<span style="font-size:18.0pt;font-family:"Aptos",sans-serif">Wednesday, Feb. 21, 5–6 p.m. at the Athens Community Center<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:18.0pt;font-family:"Aptos",sans-serif">701 E. State St. Athens.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt;font-family:"Aptos",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:16.0pt">Below is a statement which is posted on the STRS website.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:18.0pt;font-family:"Open Sans",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:7.0pt;line-height:16.0pt;vertical-align:baseline">
<span style="font-size:16.0pt;font-family:"Open Sans",sans-serif">“Lynn Hoover to Continue as Acting Executive Director<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">State Teachers Retirement Board Chair Dale Price released the following statement during the board’s February
meeting:<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">The State Teachers Retirement Board has reviewed the executive summary of a report from the Ohio Attorney General’s
Office regarding an investigation of STRS Ohio Executive Director Bill Neville.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">As a result, the board approved the following three motions:<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:10.5pt;margin-left:67.5pt;text-indent:-.25in;mso-list:l0 level1 lfo1;vertical-align:baseline">
<![if !supportLists]><span style="font-family:Symbol;color:#333333"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Chief Financial Officer Lynn Hoover will continue as acting executive director.<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:10.5pt;margin-left:67.5pt;text-indent:-.25in;mso-list:l0 level1 lfo1;vertical-align:baseline">
<![if !supportLists]><span style="font-family:Symbol;color:#333333"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Mr. Neville will continue on paid administrative leave through Friday, May 17.<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:10.5pt;margin-left:67.5pt;text-indent:-.25in;mso-list:l0 level1 lfo1;vertical-align:baseline">
<![if !supportLists]><span style="font-family:Symbol;color:#333333"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">The board will contract with a third party at its March meeting to provide professional development for Mr. Neville.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">The professional development for Mr. Neville is tentatively scheduled to run through mid-May, at which time
the board will determine his status with the organization.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">STRS Ohio will continue its unwavering focus on Ohio’s public educators and their families to protect their
financial security. As acting executive director, Ms. Hoover and the exceptional team at STRS Ohio are protecting the stability and integrity of the organization on behalf of all constituents and personnel. Daily operations are being maintained as usual for
the pension fund’s 530,000 retirees, active and inactive members.”<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Please feel free to attend. When the Emeriti Association has more information, we will share it on the listserv.<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Best regards,<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Rosemary Rossiter<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">Em Prof of Economics<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333">President, Ohio Univ Emeriti Assc<o:p></o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333"><o:p> </o:p></span></p>
<p class="MsoNormal" style="margin-bottom:21.0pt;vertical-align:baseline"><span style="font-size:12.0pt;font-family:"Noto Serif",serif;color:#333333"><o:p> </o:p></span></p>
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