BOI Board Room


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:

Karl Englund, Chair

401 N Washington Street
Missoula, MT 59802
Business Phone: 406-721-2729
Term Ending: 01/01/2023
Representing Law

Mark Barry
210 Norris Road
Helena, MT 59601
Phone: 406-431-1307
Term Ending: 01/01/2025

Jeff Meredith
49 Commons Loop
Kalispell, MT 59901
   Phone: 406-751-4705
Term Ending: 01/01/2025

Teresa Olcott Cohea, Board member

Teresa Olcott Cohea
213 Spencer
Helena, MT 59601
Phone: 406-439-9384
Term Ending: 01/01/2023
Representing Financial Community

Diane L. Fladmo

1232 E 6th Avenue
Helena, MT  59601
Phone: 406-546-1735
Term Ending 01/01/2023
Representing Labor

Jack Prothero, Board member

Jack Prothero, Vice Chair
619 3rd Avenue SW
Great Falls, MT 59404
Phone: 406-761-3683
Term Ending: 01/01/2025
Representing Financial Community

Jeffrey A. Greenfield
5624 Meadowmist Drive
Shepherd, MT 59079
Phone: 406-248-9820
Term Ending: 01/01/2025
Representing TRS

Bruce Nelson
9415 Star Lane
Bozeman, MT 59715
Phone: 406-581-6072
Term Ending: 01/01/2023
Representing Agriculture

Maggie Peterson, Board member

Maggie Peterson
   1055 Durant Canyon Road
   Anaconda, MT 59711
Phone: 406-490-7538
Term Ending: 01/01/2025
Representing PERS


Non-Voting Legislative Liaisons:




2401 COLONIAL DR, 3RD FLOOR | PO BOX 200126 | HELENA, MT 59620-0126 | P: 406.444.0001 | F: 406.449.6579 | TDD: 406.841.2702

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