Palatine resident joins Teachers' Retirement System board

Gov. Bruce Rauner Friday appointed Palatine resident Matthew Hower to the Teachers' Retirement System board of trustees.

Hower will bring more than 35 years of financial management and accounting experience to the board.

Hower is the founder of TMB Ventures, but previously spent more than 30 years at AMSTED Industries in a variety of financial, accounting and human resource roles, including vice president-treasurer and vice president-audit. Additionally, he has served on the Illinois Financial Reporting Standards Board.

Hower has a bachelor's degree from the University of Illinois and a master's degree in finance from the University of Chicago.