Clancey, Michael Patrick
Investment OfficerInvestment BoardRamsey CountyFull-time
Private Markets. Minnesota state employee pay history, from State of Minnesota salary data.
Pay by fiscal year
Total paid across all records in each year, overtime included, compared with consumer prices.
From FY 2023 to FY 2024, pay went down 78% while consumer prices went up 3%. After inflation, pay is down 79% (it fell behind inflation).
| Year | Paid | Change | Prices (CPI) | After inflation |
|---|---|---|---|---|
| FY 2024 | $38,486 | −78.3% | +3.3% | −79.0% |
| FY 2023 | $177,000 | — | — | — |
Each change compares a year with the one before. Large swings usually come from a partial year, extra hours or a change of job rather than a raise. Prices: Consumer Price Index (CPI-U, U.S. city average) from the Bureau of Labor Statistics, averaged July to June; FY 2026 uses 11 months because October 2025 was not published.
Compared with the same job title
FY 2024 · Investment Officer
Paid more than 0% of the 14 people with this job title that year. The median was $183,155.
Uses the amount paid in the year, so partial years and part-time positions read low.
See everyone with this job titleEvery record
2 records, newest first
| FY | Agency | Job title | County | Base pay | Overtime | Paid |
|---|---|---|---|---|---|---|
| 2024 | Investment Board Private Markets | Investment Officer Full-time · left during year | Ramsey | $84.77 /hr | — | $38,486 |
| 2023 | Investment Board Private Markets | Investment Officer Full-time | Ramsey | $84.77 /hr | — | $177,000 |
The state reports one pay total per person per year, covering all of their positions, so it appears on one of that year’s lines and the others show no separate pay.
Highest paid in Investment Board
FY 2024, amount paid
- Schurtz, Jill Ellen$490,605Exec Dir Investment Bd
- Christensen, Andrew D$357,783Managing Director Investments
- Sonderegger, Erol D$349,042Managing Director Investments
- Krech, Andrew$314,824Managing Director Investments
- Mule, John R$246,812Chief Investment Oper Officer
- Boll, Cassandra$243,583Investment Director
- Stacy, Jonathan$243,583Investment Director
- Ammann, Patricia C.$241,564Chief Investment Oper Officer
Highest paid as Investment Officer
FY 2024, amount paid
- Ndungu, Mercy$204,371Investment Board
- Griga, Aaron D$202,939Investment Board
- Blumenshine, Nathan Troutman$199,097Investment Board
- Weber, Jeffrey D$195,485Investment Board
- Velasquez, David John$190,696Investment Board
- Kuettel, Steven$189,037Investment Board
- Brusehaver-Derby, Tammy$186,448Investment Board
- Johnson, Timothy Mark$179,861Investment Board