David George Bronner (born January 22, 1945) is an American businessman. He is best known as the head of
Retirement Systems of Alabama
Retirement Systems of Alabama is the administrator of the pension fund for employees of the state of Alabama. It is headquartered in the state capital Montgomery, Alabama. David G. Bronner is the chief executive officer.
Under Bronner's leader ...
(RSA), the
pension fund
A pension fund, also known as a superannuation fund in some countries, is any plan, fund, or scheme which provides retirement income.
Pension funds typically have large amounts of money to invest and are the major investors in listed and priva ...
for employees of the State of
Alabama
(We dare defend our rights)
, anthem = "Alabama (state song), Alabama"
, image_map = Alabama in United States.svg
, seat = Montgomery, Alabama, Montgomery
, LargestCity = Huntsville, Alabama, Huntsville
, LargestCounty = Baldwin County, Al ...
. Bronner briefly served as the chairman of
US Airways
US Airways (formerly USAir) was a major United States airline that operated from 1937 until its merger with American Airlines in 2015. It was originally founded in History of aviation in Pittsburgh, Pittsburgh as a mail delivery airline called ...
in the 1990s when RSA owned many shares in the airline.
Life and career
Bronner was born in
Cresco, Iowa
Cresco is a city in Howard County, Iowa, United States. The population was 3,888 in the 2020 census, a decline from 3,905 in 2000 census. It is the county seat of Howard County.
History
Cresco was platted in 1866 at the time the railroad was e ...
, the son of George David and Marge Bronner. His father owned a pool hall in Minnesota.
He received his elementary and high school education in
Austin, Minnesota
Austin is a city in, and the county seat of, Mower County, Minnesota, United States. The population was 26,174 at the 2020 census. The town was originally settled along the Cedar River and has two artificial lakes, East Side Lake and Mill Po ...
. He obtained his Bachelor of Arts and Master of Arts degrees at Mankato State University (now
Minnesota State University, Mankato
Minnesota State University, Mankato (MNSU, MSU, or Minnesota State) is a public university in Mankato, Minnesota, United States. It is Minnesota's second-largest university and has over 123,000 living alumni worldwide. Founded in 1868, it is t ...
), in
Mankato, Minnesota
Mankato ( ) is a city in Blue Earth County, Minnesota, Blue Earth, Nicollet County, Minnesota, Nicollet, and Le Sueur County, Minnesota, Le Sueur counties in the state of Minnesota. The population was 44,488 according to the 2020 United States ...
.
From 1967 to 1969, Bronner was an instructor in the School of Business and Finance at Mankato State.
He then entered the
University of Alabama School of Law
The University of Alabama School of Law, (formerly known as the Hugh F. Culverhouse Jr. School of Law at The University of Alabama) located in Tuscaloosa, Alabama is a nationally ranked top-tier law school and the only public law school in the sta ...
, where he earned a
J.D. degree in 1971 and a Ph.D. in 1972.
After teaching in various graduate schools of Education and Business, he was appointed as assistant dean of the Law School at the University of Alabama. Shortly thereafter, Bronner took his present job with RSA in 1973. At that time RSA had approximately $500 million of funds and was owed $1.5 billion by the state. By the end of 2017, RSA had amassed over $38 billion in investments making RSA the 50th largest public pension fund in the world.
In 2022, ''1819 News'' named Bronner the highest-paid state employee in Alabama, having taken an income of $834,034 the previous year.
External links
Alabama’s One-Man Pension ShowRetirement Systems of Alabama CEO David Bronner speaks to ASEA*
ttps://www.tuscaloosanews.com/opinion/20191106/inside-statehouse-david-bronner-makes-his-mark-on-alabama INSIDE THE STATEHOUSE: David Bronner makes his mark on Alabama
References
{{DEFAULTSORT:Bronner, David G.
American chief executives of financial services companies
Living people
1945 births
Minnesota State University, Mankato alumni
Minnesota State University, Mankato faculty
People from Cresco, Iowa
University of Alabama School of Law alumni