Investment Advisory Committee

Purpose

Per the City’s Investment Policy, the City is required to have an Investment Advisory Committee (IAC) charged with the responsibility to offer advice with respect to the City’s investments and the investment portfolio strategy. 

Committee Members

The Committee consists of one (1) City Councilmember and up to seven (7) voting members. Committee Members themselves will elect the Chair and Vice-Chair of the IAC. Non-council committee members shall serve at the pleasure of the City Council, and may be removed at anytime by action of the City Council.

Member Title Term Start Term End Email
Dr. Lynne Doti Chair 01/28/2025 01/31/2027 ldoti@villapark.org
Joe McCarthy Vice-Chair 01/28/2025 01/31/2027 jmccarthy@villapark.org
Brad Reece Member 01/28/2025 01/31/2027 breese@villapark.org
Michael Rice Member 01/28/2025 01/31/2027 mrice@villapark.org
Thomas Malloy Member 01/28/2025 01/31/2027 tem@malbyco.com 
Chad Zimmerman Member 02/25/2025 01/31/2027 chadzman@gmail.com
Vacant Member      

City Treasurer: Bill Underwood

Staff Representative: Finance Director, Lee Siow

Length of Term

The voting members shall be appointed by the City Council for a term of two years on a staggered basis. 

Meetings

 Meetings no more than six times a year, unless otherwise noted.