Minnesota / Investment Board

Agency file

Investment Board

Source file: Minnesota — State Employee Payroll / ingested Jun 18, 2026

The Investment Board is a government agency that delivers public services and programs within its jurisdiction.

In 2025, this agency had 60 employees with median total compensation of $125,287; the highest distinct record was $530,631.

Year: 2025
Total payroll: $8.4M
Employees: 60
Median total: $125,287
Highest record: $530,631

What the records show

Compensation analytics

These summaries compare pay within the agency before listing individual records.

Salary distribution

$1,646$402,026+

Hover a bar for its range; click to filter the list below.

How 2025 total compensation is spread across the 60 employees. Each bar is a pay range; taller bars mean more people earn in that range. The amber line marks the median ($125,287) — half earn less, half more. The far-right bar collects the highest earners.

Average pay composition

Base — $137,348 (99%)
Overtime — $2 (0%)
Other — $2,046 (1%)
Benefits — $0 (0%)

What an average paycheck here is made of — base salary versus overtime, other pay (bonuses, allowances), and benefits. A large overtime or other-pay share means take-home often exceeds base salary.

Pay percentiles

10th

25th

Median

75th

90th

$4,590

$61,612

$125,287

$213,717

$268,353

The pay ladder for this department. Someone at the 90th percentile earns $268,353 — more than 90% of the department; the 10th percentile earns $4,590. The shaded band is the middle half of employees (25th–75th percentile).

Largest job titles

Student Worker Paraprofessional Professional Senior

12 · $3,158

Investment Analyst Junior

11 · $85,517

Investment Officer

9 · $182,791

Portfolio Manager

6 · $228,607

Investment Analyst Senior

4 · $139,716

The most common job titles in this department by headcount, with the median total compensation for each. Click a title to see everyone who holds it.

Trend

Year over year

How this department's total payroll, headcount, and median pay changed across the 2 published years.

Year	Total payroll	Employees	Median pay
2024	$6.4M —	44 —	$149,849 —
2025	$8.4M ▲ 29.8%	60 ▲ 36.4%	$125,287 ▼ 16.4%

Record list

Employees

Page 1

Cassandra Boll

Investment Director/Investment Board

2025 total comp

$268,353

Sub-department: Private Markets & Active Eq
Base pay: $268,353
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $268,353
Hire date: 2014-07-30
Employment type: Full-Time
Pay grade: 18
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

Cassandra Boll is a Investment Director at Investment Board within Private Markets & Active Eq. Their tenure dates to 2014, about 11 years, working full-time. 2025 total compensation came to $268,353. Their bargaining unit is Manager.

Jonathan Stacy

Investment Director/Investment Board

2025 total comp

$268,353

Sub-department: Private Markets & Active Eq
Base pay: $268,353
Overtime: $0
Other pay: $0
Benefits: $0
Total compensation: $268,353
Hire date: 2014-12-15
Employment type: Full-Time
Pay grade: 18
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

Jonathan Stacy holds the role of Investment Director at Investment Board within Private Markets & Active Eq. Hired in 2014, they have about 11 years of service as a full-time employee. In 2025, their total compensation was $268,353. Union affiliation: Manager.

Paul Anderson

Chief Investment Oper Officer/Investment Board

2025 total comp

$266,657

Sub-department: Asst Executive
Base pay: $260,383
Overtime: $0
Other pay: $6,274
Benefits: $0
Total compensation: $266,657
Hire date: 1990-12-05
Employment type: Full-Time
Pay grade: 16
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

Paul Anderson is a Chief Investment Oper Officer at Investment Board within Assistant Executive. Hired in 1990, they have about 35 years of service, working full-time. 2025 total compensation came to $266,657. They are represented by Manager.

Patricia Ammann

Chief Investment Oper Officer/Investment Board

2025 total comp

$261,710

Sub-department: Asst Executive
Base pay: $255,556
Overtime: $0
Other pay: $6,154
Benefits: $0
Total compensation: $261,710
Hire date: 2006-07-01
Employment type: Full-Time
Pay grade: 16
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

Patricia Ammann holds the role of Chief Investment Oper Officer at Investment Board within Assistant Executive. Hired in 2006, they have about 19 years of service as a full-time employee. In 2025, their total compensation was $261,710. Their bargaining unit is Manager.