17 01, 2024

CalPERS CEO Marcie Frost hopeful CIO will be chosen in first quarter

2024-01-17T15:01:17-08:00January 17th, 2024|Categories: Corporate Governance|Tags: , , |

By Arleen Jacobius Source: Pensions & Investments CalPERS CEO Marcie Frost said she is optimistic that the $483.3 billion pension fund will select a new chief investment officer in the first quarter. The Chief Investment Officer Selection Subcommittee's first round of interviews with potential candidates were scheduled to begin Jan. 17. Frost made the comment at the California Public Employees' Retirement System's Jan. 17 stakeholders meeting. “I know I indicated that the first quarter is the best outcome (to [...]

6 10, 2020

Controller Yee: ‘More work’ ahead for CalPERS board

2020-10-06T09:46:02-07:00October 6th, 2020|Categories: Corporate Governance|Tags: , , |

Even though CalPERS is taking steps toward fixing its governance problem, officials at the $411.5 billion pension plan say the road ahead is long. California Controller Betty T. Yee, who sits on the boards of both California Public Employees' Retirement System, Sacramento, and the second-largest U.S. public pension plan, the $262.5 billion California State Teachers' Retirement System, West Sacramento, is helping drive the changes. Her duties on both boards give Ms. Yee an unobstructed view of the culture and [...]

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