CIO of the Year, Paul Colonna | Photography by Casey Fatchett

The 2024 CIO Industry Innovation Award winners were announced at the 14th annual awards dinner in New York City on Tuesday.

The event also recognized Paul Colonna, president and CIO of the Lockheed Martin Investment Management Co., as the CIO of the Year for 2024.

Ernie Caballero (left) and Olivia Mitchell (right) | Photography by Casey Fatchett

The 2024 Lifetime Achievement Award was presented to Olivia Mitchell, a professor of business economics and public policy at the Wharton School of the University of Pennsylvania.

The new Versatility Award, recognizing collaboration, innovation and leadership in an evolving industry, was presented to Ernie Caballero, formerly the CIO of UPS, who joined Goldman Sachs Asset Management in May when Goldman Sachs was hired to run the UPS pension funds; and to Jeanmarie Grisi, CIO of pension investments at Nokia, which last month outsourced its pension investing to Mercer.

A photo gallery from the day’s Influential Investors Forum and the Industry Innovation Awards is available here.

The Asset Owner Industry Innovation Awards finalists and winners:

Corporate Defined Benefit

• John Blaha, Dow
• Ernie Caballero, UPS—Winner
• Jeanmarie Grisi, Nokia

Defined Contribution

• Paul Colonna, Lockheed Martin Investment Management Company—Winner, CIO of the Year
• Elizabeth Fernando, Nest

Endowments

• Richard Chau, Tulane University
• Geeta Kapadia, Fordham University
• Christine Kelleher, National Gallery of Art
• Karl Scheer, University of Cincinnati—Winner

Foundations

• John Barker, The Kresge Foundation
• Eric Doppstadt, The Ford Foundation—Winner
• Kathleen Simpson, The Russell Family Foundation

Health Care/Hospital Plans

• Mark Cagwin, SSM Health
• Josh Rabuck, Indiana University Health
• Rob Roy, AdventHealth
• Donna Snider, Hackensack Meridian Health
• Stefan Strein, Cleveland Clinic—Winner

Public Defined Benefit <$25B

• TJ Carlson, Missouri State Employees Retirement System
• Ted Hall, Ohio Police & Fire Pension Fund
• Molly Murphy, Orange County Employees Retirement System
• Timothy Reese, Pennsylvania Municipal Retirement System (PMRS)—Winner
• Kristin Varela, Employees’ Retirement System of the State of Hawaii

Public Defined Benefit >$25B

• Joe Aguilar, Illinois State Treasury—Winner
• Geoffrey Berg, South Carolina Retirement System Investment Commission
• Benjamin Cotton, Pennsylvania Public School Employees’ Retirement System
• Yup Kim, Texas Municipal Retirement System (TMRS)

Sovereign Wealth Funds

• Marcus Frampton, Alaska Permanent Fund Corporation—Winner
• Robert “Vince” Smith, New Mexico State Investment Council

The Asset Management & Servicing Industry Innovation Awards finalists and winners:

Data and Technology

• Canoe Intelligence—Winner
• M2M Capital
• Pitchbook
• Schroders

Emerging Markets

• AGI
• Ariel Investments—Winner
• Brookfield Asset Management
• Principal Asset Management

ESG/ Sustainability

• Capricorn Investment Group, LLC
• Goldman Sachs Asset Management—Winner
• Principal Asset Management
• TOBAM

Liability-Driven Investing (LDI) – Large^*

• Agilis—Winner
• LGIM America
• NISA
• Principal Asset Management
• SLC Management

Liability-Driven Investing (LDI) – Mega^†

• Capital Group
• Goldman Sachs Asset Management
• Wellington Management Company LLP—Winner

Multi-Asset Portfolios

• LGIM America
• Lumenai Investments LLC—Winner
• TOBAM

OCIO

• Cerity Partners OCIO
• Goldman Sachs Asset Management
• Investment Office Resources, LLC (IOR)—Winner
• PNYX Group SA

Pension Risk Transfer

• Agilis
• Athene
• Principal Asset Management—Winner

Private Credit

• Apollo Global Management—Winner
• Principal Asset Management
• SLC Management

Public Equity

• LGIM America
• Vontobel—Winner

Public Fixed Income

• Capital Group—Winner
• LGIM America
• NISA
• Vontobel