Executive VP Will Be Missed

We’re saddened to report that our Executive VP Paul Shanley has passed away. Paul came to the Association, retiring from an outstanding career in public service as a Deputy Treasurer for legendary State Treasurer Bob Crane and Deputy Director of Real Estate at the state PRIM (Pension Reserves Investment Management) Board.

“Having known Paul personally and professionally for decades during our careers in public service and after retiring with the Association, I’ll miss him as a friend who I could turn to for sound advice and an Association officer who would always treat those, with whom he was dealing, with dignity and respect, a real gentleman,” comments President Frank Valeri.

‘When I stepped down as Executive VP, there was no question who would succeed me,” recalls Counsel Bill Rehrey. “It was Paul, and as I saw it, a big step up.”

“And when in 2008 Association founder Ralph White stepped away as the state elected member of PRIM, Paul was the natural choice to succeed him in this very important post,” adds CEO Shawn Duhamel. “During his many years on the Board, Paul was always committed to best representing state and all retirees.

“He will be missed by all who had the opportunity to work with him. Rest in peace Paul.”

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