Our Trustees

Mike Shute

Trustee, NPS Foundation

Michael Shute received his B.A. in business finance in 1972 from Cal State Fullerton followed by a business finance M.B.A. in 1973 from U.S.C. Mr. Shute was in the corporate lending division of Union Bank and Philco Ford as a senior financial analyst before co-founding TBG Financial in 1984 where he remained CEO until 2012. 

In 2006, TBG Financial merged with Mullin Consulting to form MullinTBG, which then became the largest independent national firm to provide corporations and their executives with executive benefits and compensation strategies, plan administration and financial advisory services.

When MullinTBG was acquired by Prudential, Mr. Shute remained with Prudential for an additional 4 years as CEO of MullinTBG and was also a member of Prudential Retirement’s senior executive committee. Mr. Shute retired from Prudential at the end of 2015, once MullinTBG’s integration into Prudential was complete.

Mr. Shute currently is an investor and serves on multiple boards; Trigemina Corporation, a drug development company and Kolkin, Inc., a software technology company, respectively. Mr. Shute has also been engaged in numerous community endeavors including serving on the Orange County board of C.A.S.A., and serving as Chairman of United Ways and Los Angeles Corporate Campaign. He was also a board member of Big Canyon Country Club from 2004 – 2008, acting as President from 2007–2008.

Mr. Shute and his wife Cris reside in Pebble Beach, CA. They both enjoy golfing, traveling and spending time with their two children and two granddaughters, as well as their beloved German shepherd.