President and Chief Executive Officer, ICMA-RC
Bob Schultze is the President and Chief Executive Officer of the ICMA Retirement Corporation (ICMA-RC). He has served as President and CEO since February 2015. Mr. Schultze leads an organization of about 850 associates committed to helping public sector employees build retirement security. ICMA-RC manages and administers more than $48 billion in assets and provides retirement plans and related services for over one million public sector participant accounts and over 9,000 retirement plans.
With over 30 years’ experience serving the public sector, Mr. Schultze is a well-established leader and authority on pension administration. Prior to his arrival at ICMA-RC, Mr. Schultze was director of the Virginia Retirement System (VRS) for 10 years. VRS operates retirement and insurance programs for 600,000 state and local government employees, retirees and beneficiaries and for 1,000 state and local agencies in Virginia. Additionally, Bob served on the Governmental Accounting Standards Advisory Council (GASAC), a body that advises the GASB Board on governmental accounting rules. He also served on the Executive Board of the National Association of State Retirement Administrators (NASRA). From 1994 to 2005, Mr. Schultze served as Executive Commissioner of the Virginia Department of Taxation. Earlier, he was Staff Director to the Virginia House Appropriations Committee, Director of the Virginia Education Loan Authority, and Deputy Chief of Staff to Virginia Governor L. Douglas Wilder.
Mr. Schultze holds a bachelor’s degree in industrial engineering and a master’s degree in business administration from SUNY Buffalo.