MARCH 24, 2023
03/24/2023 UPDATE: LAFPP is pleased to announce that Joseph Salazar’s appointment as General Manager has been confirmed by the City Council and Mayor. He now begins his official tenure as the General Manager of the Los Angeles Fire and Police Pensions Department.
(The article below was originally posted on January 23, 2023)
On January 19, 2023, the Board of Fire and Police Pension Commissioners announced the selection of Joe Salazar as the permanent General Manager, following a nationwide executive recruitment process which began in June 2022.
Ray Ciranna retired as General Manager in September 2022, and to ensure a seamless transition of leadership, the Board appointed Joe Salazar as the Interim General Manager, effective September 25, 2022.
Joe has over 20 years of experience working in the City’s retirement systems, including almost 15 years with LAFPP. He served as Assistant General Manager for the Pensions Division, overseeing all member service functions, from April 2011 until his interim appointment in September 2022.
Joe shared, “I am grateful for the opportunity to serve the members and beneficiaries of the LAFPP plan. I look forward to continuing to work collaboratively with the Board, our staff, and all stakeholders, focusing on our core mission to advance the health and retirement security of our members.”
The appointment of the new General Manager must be confirmed by the Mayor and City Council. A separate search for the Chief Investment Officer will commence once the permanent General Manager’s appointment is confirmed. Tom Lopez, who retired in 2021 after more than 40 years of service with LAFPP, returned to serve as the interim Chief Investment Officer until a permanent appointment is made.
We will continue to keep all members informed of the General Manager and Chief Investment Officer appointment statuses.
