Productivity Investment Board
Productivity Investment Board
The Productivity Investment Fund was established in 1984 with seed money from the Board of Supervisors and the Chief Executive Office.
The Productivity Investment Fund is managed by the Productivity Investment Board. The fund provides resources for departmental projects that will improve productivity, quality, efficiency, or generate revenue. It is intended to underwrite creative programs that cannot be financed through the routine departmental budget process. Funding may be awarded as loans, grants, loan/grant combinations, or joint ventures with the Commission. Loans and joint ventures are repaid to the fund, usually over three years, with a moderate interest charge. The repaid funds are generated from the cost savings, cost avoidance, or increased revenue resulting from the project’s implementation.
Chair: Nichelle M. Henderson
Members: Commissioners Rodney Gibson (Vice-Chair), Jacki Bacharach, Viggo Butler, Teresa Dreyfuss, Nancy Harris, Shawn Landres, Edward McIntyre, Jeffrey J. Penichet and William R. Wright (Alternate),
PIB Advisory Board
Chairs: Arman Depanian (Children and Family Services) and Greg Melendez (Chief Executive Office - Chief Executive Office)
Members: Keisha Belmaster (Health Services - Harbor-UCLA), Lana Ghil (Human Resources), Betty Karmirlian (Chief Executive Office), Sonia Fernandez (Internal Services Department) and Stephanie Maxberry (Economic Opportunity)