Stacy, Jonathan
Investment DirectorInvestment BoardRamsey CountyFull-time
Private Markets & Active Eq. 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 2015 to FY 2026, pay went up 401% while consumer prices went up 38%. After inflation, pay is up 262% (it beat inflation).
| Year | Paid | Change | Prices (CPI) | After inflation |
|---|---|---|---|---|
| FY 2026 | $278,583 | +3.8% | +3.1% | +0.7% |
| FY 2025 | $268,353 | +10.2% | +2.6% | +7.3% |
| FY 2024 | $243,583 | +17.4% | +3.3% | +13.7% |
| FY 2023 | $207,414 | +16.8% | +6.3% | +10.0% |
| FY 2022 | $177,507 | +7.0% | +7.2% | −0.2% |
| FY 2021 | $165,878 | +1.5% | +2.3% | −0.8% |
| FY 2020 | $163,424 | +12.2% | +1.6% | +10.5% |
| FY 2019 | $145,600 | +4.5% | +2.1% | +2.4% |
| FY 2018 | $139,308 | +15.0% | +2.3% | +12.5% |
| FY 2017 | $121,109 | +10.3% | +1.8% | +8.3% |
| FY 2016 | $109,806 | +97.3% | +0.7% | +96.0% |
| FY 2015 | $55,641 | — | — | — |
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 2026 · Investment Director
Too few people share this job title that year to make a fair comparison.
See everyone with this job titleEvery record
12 records, newest first
| FY | Agency | Job title | County | Base pay | Overtime | Paid |
|---|---|---|---|---|---|---|
| 2026 | Investment Board Private Markets & Active Eq | Investment Director Full-time | Ramsey | $134.10 /hr | — | $278,583 |
| 2025 | Investment Board Private Markets & Active Eq | Investment Director Full-time | Ramsey | $129.31 /hr | — | $268,353 |
| 2024 | Investment Board Private Markets & Active Eq | Investment Director Full-time | Ramsey | $119.73 /hr | — | $243,583 |
| 2023 | Investment Board Private Markets & Active Eq | Investment Director Full-time | Ramsey | $112.55 /hr | — | $207,414 |
| 2022 | Investment Board Private Markets | Investment Officer Full-time | Ramsey | $85.34 /hr | — | $177,507 |
| 2021 | Investment Board Private Markets | Investment Officer Full-time | Ramsey | $85.34 /hr | — | $165,878 |
| 2020 | Investment Board Private Markets | Portfolio Manager Senior Full-time | Ramsey | $79.02 /hr | — | $163,424 |
| 2019 | Investment Board Private Markets | Portfolio Manager Senior Full-time | Ramsey | $70.00 /hr | — | $145,600 |
| 2018 | Investment Board State Board Of Investment(SBI) | Portfolio Manager Senior Full-time | Ramsey | $70.00 /hr | — | $139,308 |
| 2017 | Investment Board State Board Of Investment(SBI) | Portfolio Manager Senior Full-time | Ramsey | $64.50 /hr | — | $121,109 |
| 2016 | Investment Board State Board Of Investment(SBI) | Portfolio Manager Senior Full-time | Ramsey | $55.32 /hr | — | $109,806 |
| 2015 | Investment Board State Board Of Investment(SBI) | Portfolio Manager Senior Full-time | Ramsey | $52.69 /hr | — | $55,641 |
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 2026, amount paid
- Schurtz, Jill Ellen$541,178Exec Dir Investment Bd
- Christensen, Andrew D$419,417Managing Director Investments
- Sonderegger, Erol D$409,558Managing Director Investments
- Krech, Andrew$372,736Managing Director Investments
- Mule, John R$285,288Chief Investment Oper Officer
- Boll, Cassandra$278,583Investment Director
- Anderson, Paul T$275,155Chief Investment Oper Officer
- Ammann, Patricia C.$274,983Chief Investment Oper Officer