Minnesota / Investment Board / Investment Officer

Job-title file

Investment Officer

Carry out the duties of this position in support of the agency's public mission.

16 employees hold this title in Investment Board. Median total compensation for the role is $189,138, above the department median of $125,287.

Employees: 16
Role median: $189,138
Agency median: $125,287
Comparison: Above

What the records show

Role pay distribution

Pay distribution for this role

$38,486$210,913+

How total compensation varies among the 16 people in this role. Even for one job title, pay differs with seniority, step, overtime, and tenure. Each bar is a pay range; the far-right bar collects the highest earners.

Record list

Employees with this title

Highest-paid first / page 1

David Velasquez

Investment Officer/Investment Board

2025 total comp

$213,717

Sub-department: Public Markets
Base pay: $213,717
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $213,717
Hire date: 2021-11-22
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

At Investment Board, David Velasquez serves as a Investment Officer within Public Markets. They have served since 2021 (about 4 years), working full-time. Their 2025 pay totaled $213,717. Their bargaining unit is Manager.

Mercy Ndungu

Investment Officer/Investment Board

2024 total comp

$204,371

Sub-department: Private Markets
Base pay: $199,263
Overtime: $0
Other pay: $5,108
Benefits: $0
Total compensation: $204,371
Hire date: 2015-02-02
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2024: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Mercy Ndungu is a Investment Officer at Investment Board within Private Markets. Hired in 2015, they have about 9 years of service, working full-time. 2024 total compensation came to $204,371. Union affiliation: Manager.

Aaron Griga

Investment Officer/Investment Board

2024 total comp

$202,939

Sub-department: Public Markets
Base pay: $202,939
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $202,939
Hire date: 2011-04-04
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2024: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Aaron Griga is a Investment Officer at Investment Board within Public Markets. Hired in 2011, they have about 13 years of service, working full-time. 2024 total compensation came to $202,939. Union affiliation: Manager.

Steven Kuettel

Investment Officer/Investment Board

2025 total comp

$201,692

Sub-department: Internal Cash
Base pay: $196,951
Overtime: $0
Other pay: $4,741
Benefits: $0
Total compensation: $201,692
Hire date: 2000-01-24
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Steven Kuettel is a Investment Officer at Investment Board within Internal Cash. Hired in 2000, they have about 25 years of service, working full-time. 2025 total compensation came to $201,692. Their bargaining unit is Manager.

Nathan Blumenshine

Investment Officer/Investment Board

2024 total comp

$199,097

Sub-department: Executive
Base pay: $199,097
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $199,097
Hire date: 2014-12-01
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2024: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

At Investment Board, Nathan Blumenshine serves as a Investment Officer within Executive. They have served since 2014 (about 10 years), working full-time. Their 2024 pay totaled $199,097. Union affiliation: Manager.

Timothy Johnson

Investment Officer/Investment Board

2025 total comp

$198,736

Sub-department: Internal Cash
Base pay: $198,736
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $198,736
Hire date: 2023-06-05
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Timothy Johnson works as a Investment Officer for Investment Board within Internal Cash. They have served since 2023 (about 2 years) as a full-time employee. Timothy earned $198,736 in 2025. They are represented by Manager.

Sara Bruggeman

Investment Officer/Investment Board

2025 total comp

$196,475

Sub-department: Legal
Base pay: $196,475
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $196,475
Hire date: 2011-12-19
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

At Investment Board, Sara Bruggeman serves as a Investment Officer within Legal. Their tenure dates to 2011, about 14 years, working full-time. Their 2025 pay totaled $196,475. They are represented by Manager.

Jeffrey Weber

Investment Officer/Investment Board

2024 total comp

$195,485

Sub-department: Private Markets
Base pay: $190,696
Overtime: $0
Other pay: $4,789
Benefits: $0
Total compensation: $195,485
Hire date: 2012-04-30
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2024: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Jeffrey Weber holds the role of Investment Officer at Investment Board within Private Markets. Their tenure dates to 2012, about 12 years as a full-time employee. In 2024, their total compensation was $195,485. Union affiliation: Manager.

Shirley Baribeau

Investment Officer/Investment Board

2025 total comp

$182,791

Sub-department: Financial Operation
Base pay: $178,845
Overtime: $0
Other pay: $3,946
Benefits: $0
Total compensation: $182,791
Hire date: 2011-12-12
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

At Investment Board, Shirley Baribeau serves as a Investment Officer within Financial Operation. They have served since 2011 (about 14 years), working full-time. Their 2025 pay totaled $182,791. Their bargaining unit is Manager.

Samir Zahar

Investment Officer/Investment Board

2025 total comp

$178,881

Sub-department: Private Markets
Base pay: $178,881
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $178,881
Hire date: 2022-05-11
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Samir Zahar works as a Investment Officer for Investment Board within Private Markets. Hired in 2022, they have about 3 years of service as a full-time employee. Samir earned $178,881 in 2025. Union affiliation: Manager.

Ryan Tucker

Investment Officer/Investment Board

2025 total comp

$178,851

Sub-department: Part Direct & Non-Ret
Base pay: $178,851
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $178,851
Hire date: 2024-01-23
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Ryan Tucker works as a Investment Officer for Investment Board within Part Direct & Non-Ret. Hired in 2024, they have about a year of service as a full-time employee. Ryan earned $178,851 in 2025. They are represented by Manager.

Alexander Wolsky

Investment Officer/Investment Board

2025 total comp

$158,231

Sub-department: CorporateGovernance
Base pay: $158,231
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $158,231
Hire date: 2024-01-31
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: Yes
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Alexander Wolsky works as a Investment Officer for Investment Board within Corporategovernance. Hired in 2024, they have about a year of service as a full-time employee. Alexander earned $158,231 in 2025. Their bargaining unit is Manager.

Tammy Brusehaver-Derby

Investment Officer/Investment Board

2025 total comp

$145,772

Sub-department: Asst Executive
Base pay: $93,127
Overtime: $0
Other pay: $52,645
Benefits: $0
Total compensation: $145,772
Hire date: 1998-08-11
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2025: No
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Tammy Brusehaver-Derby holds the role of Investment Officer at Investment Board within Assistant Executive. They have served since 1998 (about 27 years) as a full-time employee. In 2025, their total compensation was $145,772. Union affiliation: Manager.

Cathy Hua

Investment Officer/Investment Board

2024 total comp

$72,630

Sub-department: Private Markets & Active Eq
Base pay: $49,378
Overtime: $0
Other pay: $23,252
Benefits: $0
Total compensation: $72,630
Hire date: 2022-01-26
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2024: No
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

At Investment Board, Cathy Hua serves as a Investment Officer within Private Markets & Active Eq. Hired in 2022, they have about 2 years of service, working full-time. Their 2024 pay totaled $72,630. Union affiliation: Manager.

Stephanie Gleeson

Investment Officer/Investment Board

2024 total comp

$67,603

Sub-department: Asst Executive
Base pay: $41,658
Overtime: $0
Other pay: $25,945
Benefits: $0
Total compensation: $67,603
Hire date: 1998-10-03
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2024: No
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Stephanie Gleeson is a Investment Officer at Investment Board within Assistant Executive. They have served since 1998 (about 26 years), working full-time. 2024 total compensation came to $67,603. They are represented by Manager.

Michael Clancey

Investment Officer/Investment Board

2024 total comp

$38,486

Sub-department: Private Markets
Base pay: $33,908
Overtime: $0
Other pay: $4,578
Benefits: $0
Total compensation: $38,486
Hire date: 2022-06-20
Employment type: Full-Time
Pay grade: 14
Union / bargaining unit: Manager
Pay basis: Hourly
Full-time equivalent (FTE): 1
Work county: Ramsey

Source-specific fields

Active on June 30, 2024: No
Agency Number: G38
Bargaining Unit Number: 220
Branch: Executive
Branch Code: Executive
Classified Code: Unclassified
Classified Status: Unclassified
Compensation Frequency Code: Hourly

Michael Clancey works as a Investment Officer for Investment Board within Private Markets. They have served since 2022 (about 2 years) as a full-time employee. Michael earned $38,486 in 2024. Their bargaining unit is Manager.