A picture of a board room setup for a meeting

Members

The Board is comprised of nine voting members appointed by the Governor as prescribed in Section 2-15-124, MCA, subject to confirmation by the state Senate and comprise of the following:

(a) One member from the public employees' retirement board, provided for in 2-15-1009;
(b) One member from the teachers' retirement board provided for in 2-15-1010.

If either member ceases to be a member of the retirement board, the position of that member on the Board of Investments is vacant, and the governor shall fill the vacancy in accordance with 2-15-124.

(c) Seven members who will provide a balance of professional expertise and public interest and accountability, who are informed and experienced in the subject of investments, and who are representative of:

(i) the financial community;
(ii) small business;
(iii) agriculture; and
(iv) labor.

(d) The Board also has two non-voting legislative liaisons, from different political parties, comprised of the following:

(i) One liaison member appointed by the President of the Senate; and
(ii) One liaison member appointed by the Speaker of the House.

(e) The board is designated a quasi-judicial board for the purposes of 2-15-124

The Board is allocated to the Department of Commerce for administrative purposes as prescribed in Section 2-15-121, MCA.
 

    Below is a list of current Board members and their tenure:
 

Mark Noennig, Chairman
3621 Spalding
Billings, MT 59106
Business Phone: 406-245-6238
MNoennig@aol.com
Term Ending: 01/01/2021
Representing Business
 

Karl Englund, Vice Chair
Attorney
401 N Washington Street
Missoula, MT 59802
Business Phone: 406-721-2729
karljenglund@aol.com
Term Ending: 01/01/2019
Representing Law
HR Committee, Chair

Kathy Bessette
51256 Road 150 N
Havre, MT 59501
Phone: 406-398-5381
hanginga@itstriangle.com
   Term Ending: 01/01/2017
Representing Agriculture
Loan Committee

Teresa Olcott Cohea
Retired - Financial
213 Spencer
Helena, MT 59601
Business Phone: 406-442-5289
Terry_Cohea@yahoo.com
Term Ending: 01/01/2019
Representing Financial Community
Audit Committee & Loan Committee

 

Quinton Nyman
Executive Director
Montana Public Employees Association
2711 Airport Road
Helena, MT 59602
Business Phone: 406-442-4600
quint@mympea.org
Term Ending: 01/01/2019
Representing Labor
HR Committee

Jack Prothero
Retired - Banking
619 3rd Avenue SW
Great Falls, MT 59404
Phone: 406-761-3683
jprothero@bresnan.net
Term Ending: 01/01/2021
Representing Small Business
Loan Committee, Chair
HR Committee

 

 

Jeffrey A. Greenfield
5624 Meadowmist Drive
Shepherd, MT 59079
Phone: 406-248-9820
jeffgrnfld@yahoo.com
Term Ending: 01/01/2021
Representing TRS 

 

Jon Satre
President - Partner
Gordon - Prill - Drapes, Inc.
2028 LeGrande Cannon Blvd.
Helena, MT 59601
Business Phone: 406-442-6582
jsatre@satetch.com
Term Ending: 01/01/2019
Representing Small Business
Audit Committee, Chair
HR Committee

Maggie Peterson
   1055 Durant Canyon Road
   Anaconda, MT 59711
Phone: 406-490-7538
   Magnum234@msn.com
Term Ending: 01/01/2021
Representing PERS

 

   

Non-Voting Legislative Liaisons:

Representative Kelly McCarthy
625 Yellowstone Ave.
Billings, MT 59101-1624
Phone: 406-839-0071
Kelly@bigskytech.net
Term Ending: 12/31/2018
House of Representatives Liaison

 

Senator Scott Sales
   5200 Bostwick Road
Bozeman, MT 59715
Phone: 406-579-7994
   Sen.Scott.Sales@mt.gov
Term Ending: 12/31/2018
Senate Liaison

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MONTANA BOARD OF INVESTMENTS | MONTANA DEPARTMENT OF COMMERCE
2401 COLONIAL DR, 3RD FLOOR | PO BOX 200126 | HELENA, MT 59620-0126 | P: 406-444-0001 | F: 406-449-6579 | TDD: 406-841-2702