Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Governance topic
No spam. Unsubscribe anytime.
Oklahoma City Deferred Compensation Board elects Matt Weller as chair, ratifies legal agreement
Summary
The board elected Matt Weller as chair by voice vote, approved the Nov. 19, 2025 minutes, received the quarterly investment report, and unanimously ratified an agreement with Davis Graham & Stubbs LLP for legal services through Dec. 31, 2026.
The Oklahoma City Deferred Compensation Board elected Matt Weller as its new chair and carried several routine governance items during its Feb. 18, 2026 meeting, including approving minutes and ratifying a legal-services agreement.
Board business opened with a verbal motion to elect Matt Weller as chair; after a second and a voice vote the presiding officer announced, "Matt is our new chair." The board then approved the minutes from its Nov. 19, 2025 meeting by voice vote.
The board also voted to receive the quarterly investment report prepared by ACG. Jason of ACG had presented a review of the board's recent consolidation to a single recordkeeper, the current fund lineup, fee levels and monitoring priorities; the motion to receive the report was moved and seconded and passed by voice vote.
On a separate agenda item the board considered a resolution to approve an agreement among the Oklahoma City Deferred Compensation Board, the City of Oklahoma City and Davis Graham & Stubbs LLP for legal advice, plan amendments and tax compliance through Dec. 31, 2026, and to ratify the chairman's execution of the agreement effective Dec. 30, 2025. The resolution passed unanimously.
There were no roll-call vote tallies recorded in the public transcript; actions were taken by voice vote and described as passing unanimously when stated. The meeting adjourned at 2:49 p.m.
Next procedural steps: staff will implement the ratified agreement and continue routine oversight and reporting on investment performance and plan administration.
