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Investment Advisory Subcommittee Members

The Investment Advisory Subcommittee (IAS) provides knowledgeable, objective, and independent advice to the members of the Finance Committee and the CIO on investment policies and objectives, strategic investment planning and policy, and investment opportunities.

The subcommittee consists of four current trustees and four external members, appointed by the full Board, who have relevant institutional investment experience.  External members are appointed per board policy.


Trustee Members


External Members

(as of June 30, 2022)

Randy Cowen, New York, New York

  • Michigan State University Foundation, Board Chair, Director
  • Retired partner and Global Head of Technology and Operations, Goldman Sachs
  • Board member for several technology companies
  • BA in Social Science, MSU Honors College

Scott Eston, Wakefield, Massachusetts

  • Michigan State University Foundation, Director, Investment Committee Chair
  • Retired partner and COO, Grantham, Mayo, Van Otterloo & Company (GMO)
  • Former partner, Coopers & Lybrand
  • BA in Accounting, MSU Broad College of Business outstanding business alumnus

Joel Wittenberg, Galesburg, Michigan

  • Michigan State University Foundation, Director
  • Vice President and Chief Investment Officer of the W.K. Kellogg Foundation and Trust
  • Former Corporate Vice President, Kellogg Company serving as Treasurer and heading Investor Relations
  • Kellogg Company 25 Year Fund; Kalamazoo City and County Retirement Board; 2006 – MSU Accounting Advisory Board; Toigo Foundation Board of Directors
  • BA, Eli Broad College of Business; MBA, University of Michigan

Anastasia Titarchuk, New York, New York

  • Chief Investment Officer and Deputy Comptroller of New York State Common Retirement Fund
  • Over 20 year of markets expertise with prior leadership roles at Bank of America, Barclays Capital and Lehman Brothers, and JP Morgan
  • Derivatives expert in both liquid and structured products across a variety of markets
  • BS, Applied Mathematics, Yale University