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State pension fund chief to retire in June.(Knight Ridder Newspapers)

Knight Ridder/Tribune News Service

| March 28, 2002 | James, Joni | COPYRIGHT 1999 Knight-Ridder/Tribune News Service. (Hide copyright information)Copyright

TALLAHASSEE, Fla. _ Four months after Florida's pension fund for public employees lost $329 million from Enron stock, the fund's chief is retiring.

Tom Herndon, 56, said he will retire as executive director of the State Board of Administration effective June 28 to pursue other opportunities. Herndon said he doesn't have a specific plan, having wanted to stave off a job search until he had announced his departure.

Both Herndon and Florida Gov. Jeb Bush _ one of three trustees who supervise Herndon _ denied that the recent scrutiny Herndon and his staff had undergone because of the Enron losses had anything to do with his departure.

Bush said Herndon …

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