The RSIC is governed by eight commissioners: six appointed members, one elected member, and one ex officio member.
By statute, the Governor appoints two members. The State Comptroller General, Senate Finance Committee Chairman, Treasurer, and House Ways and Means Committee Chairman each appoint one member of the Commission. The elected member represents the state retirees and must be unanimously approved by the voting Commissioners. RSIC Commissioners serve staggered four-year terms and have oversight of all system operations, including the annual budget, policy determination, legislative proposals and investment policy.
William H. (Bill) Hancock, CPA
Commission Chair, Human Resources & Compensation Committee MemberAppointed by the State Treasurer
Mr. William H. (Bill) Hancock, CPA, has over 30 years of experience in financial and accounting services. He is a Certified Public Accountant and the managing partner of the Brittingham Group, LLP located in West Columbia, South Carolina. The Brittingham Group, LLP was founded in 1957 and currently has a staff of over 20 practicing professionals.
He joined the Brittingham Group as a staff accountant in 1992, attained partnership in 2000, and was elected managing partner in 2013. For over 10 years he was responsible for the Firm’s investment advisory/financial planning practice before successfully selling it, requiring him to surrender his Series 7 and 66 securities and South Carolina insurance licenses. Today, he continues to provide audit/attest services for municipalities, non-profits, special purpose districts, and various political subdivisions as well as providing income tax planning and preparation services for individuals and businesses.
As an active member of the community, Mr. Hancock is an Elder at Forest Lake Presbyterian Church, has served as the Chair of the Finance committee, has served on the Endowment committee, and has been on several ad hoc committees for the church since 1997.
He also serves on the board of directors and the finance committee for Presbyterian Communities of South Carolina (PCSC). PCSC has six Life Plan Communities across South Carolina and is a compassionate Christian ministry dedicated to enriching the quality of life for seniors of all faiths.
For over 20 years, he was a member of the Columbia East Rotary Club serving as Club Treasurer for most of that time. In 2012, he was appointed by South Carolina Governor Nikki Haley to be a Commissioner for the East Richland County Public Service District (ERCPSD).
In 2017, he resigned from the ERCPSD to serve as a Commissioner for the South Carolina Retirement System Investment Commission (SC RSIC), appointed by South Carolina State Treasurer Curtis M. Loftis, Jr. He was elected chair of SC RSIC in 2020.
A proud graduate of the Citadel, Mr. Hancock graduated in 1990 with a Bachelor of Science degree in Business Administration with a concentration in Accounting. In 2020, he was appointed to serve on the Tommy and Victoria Baker School of Business Advisory Board (BSBAB) to offer advice and guidance to the School and to assist the School with its development and fundraising needs.
He also studied at the University of South Carolina Darla Moore School of Business.
Mr. Hancock resides in Columbia, South Carolina with his wife, Lori, a high school English teacher. In his spare time, Mr. Hancock enjoys hunting and playing golf.
Melissa B. (Missy) Schumpert, CPA
Commission Vice-Chair, Human Resources & Compensation Committee ChairAppointed by the Chairman of the House Ways and Means Committee
Mrs. Melissa B. (Missy) Schumpert, CPA, is a certified public accountant who has spent a significant portion of her professional career as the Director of Administration for the McNair Law Firm, P.A., which is now Burr & Forman LLP.
In her role, Mrs. Schumpert served as a member of the senior management team and managed all financial, human resources, information technology, knowledge management, and administrative personnel and functions for all the firm’s offices. In addition, she also served on the Retirement Plan Committee which included establishing and monitoring the compliance of the plan’s investment policy. She served a crucial role in the successful integration with Burr & Forman LLP to facilitate the merger and is now responsible for the administration of the firm’s six offices across the Carolinas.
Today, Mrs. Schumpert is an active member of the American Institute of Certified Public Accountants, the South Carolina Association of Certified Public Accountants, the Association of Legal Administrators, and Palmetto Pigeon Plant, Inc.
Mrs. Schumpert earned a Bachelor of Science in Accounting from Clemson University. She has served on the Clemson University Board of Visitors and currently serves on the Senior Advisory Board for the College of Business.
William J. (Bill) Condon, J.D., M.A., CPA
Audit & Enterprise Risk Management Committee MemberAppointed by the Governor
Mr. William J. (Bill) Condon, Jr.is a Certified Public Accountant (CPA) and an attorney. After graduating from Clemson University with a B.S. in Accounting, he began his accounting career with Ernst & Young (EY), and in short order, became a CPA. At the accounting firm, he held positions in the audit and tax departments, serving as an Audit Manager during the last three years of his tenure at EY. He managed the audits of clients in various industries including audits of companies in the financial services industry.
His experience also includes having served as Chief Financial Officer for a government agency. In this role, he oversaw the banking and investment activities as well as the Accounting, Human Resources, and Information Technology activities at the agency. Eventually, Mr. Condon transitioned from the public sector back to the private sector, serving as a Senior Consultant for a Silicon Valley-based software development company that serviced clients throughout North America.
Mr. Condon began his legal career as a trial attorney for the United States Department of Justice litigating civil rights cases. Looking to blend his accounting and finance experience with his legal skills, he later served as a securities-enforcement attorney for the South Carolina Attorney General’s Office, as a securities-compliance and litigation attorney in private practice, and as a tax attorney litigating significant tax cases for the South Carolina Department of Revenue.
Additionally, for ten years, Mr. Condon was an attorney for the South Carolina State Treasurer’s Office, where he has served both as Deputy General Counsel and the General Counsel and worked with many large financial institutions on custody, securities lending, Section 529 college savings program, and other banking and investment matters.
Mr. Condon earned his Juris Doctor and Master’s degree in Public Policy degrees from Regent University.
Holley Hewitt Ulbrich, Ph.D.
Human Resources & Compensation Committee MemberRetiree Representative
Elected by the Commission
Dr. Holley Hewitt Ulbrich is an Alumni Distinguished Professor Emerita of Economics at Clemson University. She holds Bachelor (1963) and Master (1964) degrees and a Ph.D. (1968) in Economics from the University of Connecticut and a Master of Theological Studies (2003) from Emory University.
Dr. Ulbrich’s area of specialization is state and local public finance, and her research focused on applied issues in taxation, budgeting, and education finance. She is the author of 17 books, including textbooks in public finance and introductory economics.
She has also been active in a number of nonprofit leadership and has severed as president of ten such organizations, including two terms as president of the League of Women Voters of South Carolina.
Kenneth F. Deon, CPA
Audit & Enterprise Risk Management Committee ChairAppointed by the Comptroller General
Mr. Kenneth F. Deon is a CPA and retired partner with KPMG LLP’s Audit practice, where he devoted his career primarily serving large state and local governments. He also provided audit and advisory services to higher education institutions, power and energy, and middle market growth companies.
Mr. Deon was the lead partner and managed large complex financial and compliance audit engagements in accordance with Uniform Guidance (OMB Circular A-133) to several entities which included the states of New York, Vermont, New Hampshire, South Carolina and the Universities of Miami and Syracuse. In his career, he served as Managing Partner for KPMG’s Albany, New York and Burlington, Vermont offices from 2004 through 2015. Mr. Deon also spent 10 years in the firm’s southeast region where he served as the Partner-In-Charge of the South Florida Government practice and served as the Office Managing Partner of the West Palm Beach, Florida office from 2001 through 2004.
Since retirement from KPMG, Mr. Deon has provided expert witness consulting services and has worked as an Adjunct Lecturer in Accounting at the University of Colorado at Boulder and the University of Vermont. He is a graduate of the Master of Accounting Program at Clemson University.
Daniel M. Roach, Jr.
CommissionerAppointed by the Governor
Mr. Daniel M. Roach, Jr. is a retired Director of Wealth Management at Morgan Stanley. During his forty-year career, he was a financial advisor to institutional clients and high-net worth individuals and families. His areas of experience include equities, fixed income, hedge funds, and private equity.
Mr. Roach graduated from the University of South Carolina and started his career with Morgan Stanley’s predecessor firm Robinson Humphrey in 1980. He continued with the company until 2020, when he retired after forty years in the wealth management business. In 2010, he was recognized by Barron’s Magazine as the Top Financial Advisor in South Carolina.
A native of Columbia, Mr. Roach, now lives in Georgetown, South Carolina and serves on the Brookgreen Gardens Board of Directors as its treasurer. He was also Treasurer of the YMCA of Columbia for twenty years before his retirement.
william M. (Bill) Comer, Jr., CPA
CommissionerAppointed by the Chairman of Senate Finance
William M. (Bill) Comer, Jr., CPA is a native of Union, S.C. and has had a diverse experience in business operations, finance, and accounting.
He began his public accounting career with Peat Marwick Mitchell & Co. (now KPMG) in Charlotte and later worked as an Audit Manager with Price Waterhouse (now PWC) in both Charlotte and Columbia. The majority of his career with both firms involved audits and mergers and acquisitions for clients in the banking and financial services industry throughout the Southeast and Texas.
In 1990, Mr. Comer began stints as Controller of the law firm of Moore & Van Allen based in Charlotte and as Chief Financial Officer (CFO) and Executive Director of a start-up Physician Hospital Organization (the PHO) formed by Presbyterian Hospital via the acquisition of medical practices throughout Charlotte. While working full-time with the PHO, Mr. Comer assisted four former partners of Moore & Van Allen to start up a new law firm. In 1996, Mr. Comer and his family relocated to San Diego, California; the law firm was eventually acquired by McGuire Woods to become its base office for expansion throughout the Carolinas.
In San Diego, from 1996 through 2002, Mr. Comer held various positions as Director of Operations Finance, VP of Finance, and CFO for a start-up national physician practice management company that acquired and managed medical practices within the network of Premier, Inc. While there, he managed due diligence and valuation projects on over 200 medical practices throughout the U.S.
In 2003, he began working in Costa Mesa, California for ICN Pharmaceuticals (which became Valeant Pharmaceuticals International, or VPI), where he held various positions throughout a six year stint including CFO of a publicly held R&D subsidiary company, and Chief Audit and Corporate Compliance Officer of VPI responsible for global audits and the implementation of internal controls in accordance with Sarbanes-Oxley required by the Securities Exchange Commission. At VPI, Mr. Comer started a subsidiary company from the ground up in Singapore and developed the accounting processes to handle the world-wide distribution of certain pharmaceutical drugs and separately managed the liquidation of SE Asian subsidiary companies.
In 2008, Mr. Comer began working as Executive Vice President, CFO, and Treasurer with American Specialty Health, a national specialty health company based in San Diego.
A graduate of Wofford College, Mr. Comer graduated in 1977 with a Bachelor of Arts degree in Government and furthered his education at the University of South Carolina in 1982 with a Bachelor of Science degree in Accounting. After retiring in 2020, he pursued and earned an MBA from Clemson University in 2024 and currently serves on the Boards of Directors of Preservation South Carolina and of South Carolina Humanities.
Mr. Comer resides in Lexington, South Carolina with his wife, Nancy, a retired registered nurse and college nursing instructor. Bill and Nancy are the parents of two children and six grandchildren.
Peggy G. Boykin, CPA
Audit & Enterprise Risk Management Committee MemberEx officio member
Mrs. Peggy G. Boykin, CPA is the Executive Director of the South Carolina Public Employee Benefit Authority (PEBA). She was appointed to this position effective July 28, 2014. She was a former director of the South Carolina Retirement Systems and a former member of PEBA’s Board of Directors. Prior to her appointment, Mrs. Boykin served as Director of Special Projects at the College of Charleston. She also served on the College of Charleston’s Foundation Board for many years, including serving as chairperson from July 2020 to June 2022.
A native of Wagener, S.C., Mrs. Boykin earned a Bachelor’s Degree in Business Administration from the College of Charleston in 1981 and her Certified Public Accountant (CPA) accreditation in 1985. She is also a graduate of the Budget and Control Board's Executive Institute and the Governor's Center at Duke University. Mrs. Boykin received her Certified Retirement Administrator designation in 1999.
Mrs. Boykin is an active member of the American Institute of Certified Public Accountants, the National Council on Teacher Retirement, the National Association of State Retirement Administrators, and the National Association of Government Defined Contribution Administrators.