CalPERS CEO to Retire
January 22, 2016
CalPERS CEO Anne Stausboll announced yesterday that she will retire at the end of the current fiscal year.
Stausboll was appointed to her current position in January 2009,
and lead the organization through turbulent times, including the
recession during which CalPERS lost nearly 30 percent of its
assets and experienced significant ethics scandals. Under
Strausboll’s leadership, CalPERS increased investment assets from
$170 billion to $275 billion, spearheaded a series of reforms and
laws related to investments and ethics, implemented the “my
CalPERS” IT project, and made other changes to boost long-term
sustainability, oversight, and environmental, social, and
Strausboll had previously served CalPERS in other positions. The search for her replacement will begin immediately. Currently, 37 counties contract with CalPERS, making the leadership of that organization a matter of great importance to California counties.