DTE Energy (DTE) Taps Fiat Chrysler's Buk as CIO
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DTE Energy (NYSE: DTE) named Angela Buk to the position of chief investment officer, leading the company's investment policy and strategy. Buk will manage DTE's employee retirement plan investments and other company trust investments. Buk most recently led the Alternative Investments team in the Treasury Asset Management Group at Fiat Chrysler Automobiles (FCA).
"We are excited to have Angie join our team," said Mark Rolling, vice president and treasurer, DTE Energy. "Angie is a highly-qualified investment professional whose experience and education makes her well-suited to lead the strategic investment of the company's $9 billion in trust assets."
In her role leading FCA's Alternative Investments team, Buk was responsible for a multi-billion dollar portfolio of alternative investments including hedge funds, real estate, private equity and opportunistic investments. Buk was also a member of the investment committee responsible for oversight of $30 billion of global employee benefit assets and other trust investments. Prior to this role, Buk lead and managed a team responsible for investment operations, compliance, risk management and defined contribution. Within FCA, Buk progressed through various roles of increasing responsibility in Corporate Finance & Securitization, Treasury Planning & Project Finance and Sales & Marketing Finance. During her tenure at FCA, Buk successfully developed and led a defined contribution plan redesign and implemented new alternative investment portfolios.
Prior to FCA, Buk served as a senior auditor with Deloitte LLP, performing audits of pension plans, financial institutions and real estate firms, servicing Fortune 500 clients.
Buk received her bachelor's and master's degrees from the University of Michigan, Ross School of Business. She is a Certified Public Accountant (inactive) and a Level II candidate in the Chartered Alternative Investment Analyst program.
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