Latest Business News:STRS Ohio to lose 2 top executives amid turmoil

State Teachers Retirement System of Ohio will lose its interim director and investments chief in the latest round of exits. ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ [Read in browser]( Business Report LATEST BUSINESS NEWS THROUGHOUT GREATER CINCINNATI Fri Sep 27 2024 [STRS Ohio to lose 2 top executives amid turmoil]( [May 15, 2024; Columbus, Ohio, USA; A sign hangs outside The State Teachers Retirement System of Ohio board meeting. The state's second largest public pension fund, oversees about $90 billion invested on behalf of 500,000 teachers and retirees. Its 11-member board has been infighting over the direction and governance of the system.]( State Teachers Retirement System of Ohio will lose its interim director and investments chief in the latest round of exits. [READ MORE]( Advertisement [Factory manager Mike Ferritto at the Nestlé Purina pet food factory, Thursday, Sept. 19, 2024, in Williamsburg.]( [A pet food palace rises in suburban Cincinnati | Going Up]( Under construction since 2020, the $550 million site will make dry dog and cat food. [READ MORE]( [A playground sits on the vacant lot that was the former Meredith Hitchens Elementary school site in Miami Township. Ineos Abs Corporation, a plastics factory, sits between Addyston and the Ohio River.]( [Company tied to Ohio styrene leak has history of environmental law violations]( Ineos site in Addyston earlier paid for alleged violations of environmental laws. [READ MORE]( [The Cincinnati Skyline, as seen from Devou Park, on Monday, Sept. 9, 2024.]( [The 15 best Ohio employers, according to Forbes rankings]( Forbes ranked the best employers in the US. Ohio had 100 make it, and Procter & Gamble and 14 others topped the list. [READ MORE]( [30. Ohio • 1-year GDP change: -3.2% • Fastest growing industry: Agriculture, forestry, fishing and hunting (+7.6%) • Fastest shrinking industry: Arts, entertainment, and recreation (-39.9%) • Nov. 2020 unemployment rate: 5.7% Ohio's GDP in Q3 2020 was $597.3 billion, 3.2% lower than it was in Q3 2019. The COVID-19 pandemic has had a dramatic effect not only on economic output, but also on the job market of each state. Total employment declined by over 380,000 from September 2019 to September 2020, a 6.9% drop. Though its overall GDP fell during that 12-month period, it was boosted somewhat by a 7.6% increase in the agriculture, forestry, fishing, and hunting sector, as well as a 1.3% increase in construction, even though the nationwide economic output of the construction sector fell 1.4% during that same time. ALSO READ: How Ohio Ranks in Alzheimer's Deaths]( [The 15 best Ohio employers, according to Forbes rankings]( Forbes ranked the best employers in the US. Ohio had 100 make it, and Procter & Gamble and 14 others topped the list. [READ MORE]( [Steve Hruby, CFP® and Amy Wagner]( [Allworth Advice | Don’t get tripped up with this Roth IRA rule]( Financial tips from Allworth Financial's Amy Wagner and Steve Hruby [READ MORE]( Sign up for the news you want Exclusive newsletters are part of your subscription, don’t miss out! We’re always working to add benefits for subscribers like you. [SEE ALL NEWSLETTERS ➔]( Advertisement [Newsletters]( | [eNewspaper]( | [Crosswords]( Follow Us Problem viewing email? [View in browser]( [Unsubscribe]( • [Manage Newsletters]( • [Terms of Service]( • [Privacy Policy/Your California Privacy Rights]( • [Privacy Notice]( • [Do Not Sell My Info/Cookie Policy]( • [Feedback](