Board Re-Appoints OCERS Members
This week, Supervisor Nelson made a unanimously supported motion for the re-appointments of Charles E. Packard and David L. Ball to the Orange County Employees Retirement System (OCERS) Board of Retirement.
OCERS is administered by the Board of Retirement, a group of ten trustees that is charged with ensuring the secure delivery of retirement and disability benefits to its members. Of the ten members, four are appointed by the Board of Supervisors; four (including the Safety alternate) are elected by OCERS’ active members. One is elected by the retired membership. The County Treasurer serves as an ex-officio member. Board members serve three-year terms, with the exception of the Treasurer, who serves during his or her tenure in office.
Mr. Packard was first appointed to serve on the Board of Retirement on December 13, 2011. He is an experienced business executive, entrepreneur and business strategist with more than four decades of success across a wide range of professional endeavors. He is a founder and President of Pacific International Capital, LLC, a Newport Beach-based merchant bank which develops and invests in proprietary businesses, and an investment bank which provides clients with growth capital and advisory services. Mr. Packard holds a Bachelor’s Degree in Business Administration from University of Toledo and a Master’s in Business Administration from University of Toledo.
Mr. Ball was first appointed to serve on the Board of Retirement by the Board of Supervisors on September 17, 2013. Mr. Ball is a long-time resident of Orange County with four decades of business experience, including real estate development and investment. He holds a Bachelor’s Degree in Business Administration with a concentration in Finance from California State University, Fullerton, where he graduated with honors.
Current terms for both Mr. Packard and Mr. Ball expire on December 31, 2019.
The next regular OCERS Board meeting is scheduled for Monday, February 7 at 9:00am at 2223 E. Wellington Avenue, Suite 100, Santa Ana 92701.