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COAERS Welcomes New Trustee Appointments to the Board

 February 25, 2022


COAERS welcomed the appointment of Dick Lavine and Michael Granof to the System’s Board of Trustees. Mr. Lavine replaced Frank Merriman for the Place 4 position, one of two positions on the COAERS Board appointed by the Austin City Council. Dr. Granof succeeded Randy Spencer in the Trustee Place 5 position, which is appointed by the COAERS Board.

Mr. Lavine has nearly 30 years of experience as a Senior Fiscal Analyst with Every Texan, formerly known as the Center for Public Policy Priorities. Prior to that, he was a Senior Researcher at the House Research Organization of the Texas House of Representatives for ten years.

Mr. Lavine is a Chartered Financial Analyst and served for many years as a member and chairman of the Board of Directors of the Travis Central Appraisal District. He is also a member of the Executive Board of AFSCME Texas Retirees, the statewide union local of retired public employees.

Dr. Granof is the Ernst & Young Distinguished Centennial Professor (Emeritus) and the University Distinguished Teaching Professor in the Department of Accounting at The University of Texas at Austin.

Additionally, Dr. Granof served two five-year terms as a member of the Governmental Accounting Standards Board and the Federal Accounting Standards Advisory Board. He has been a member of the National Council on Governmental Accounting, the Governmental Accounting Standards Advisory Council, the U.S. Comptroller’s General Advisory Council on Government Auditing Standards and the AICPA’s Committee on Governmental Accounting and Auditing.

Both Mr. Lavine and Dr. Granof bring extensive experience, expertise, and knowledge to their roles, and we look forward to the contributions of our newly appointed Trustees.

Finally, we give sincere thanks to the outgoing Trustees Mr. Spencer and Mr. Merriman, for their outstanding service and dedication to the Board on behalf of the City of Austin and COAERS members.