Posts Tagged: board president

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CalPERS president loses board seat to policeman

CalPERS headquarters, downtown Sacramento. (Photo: CalPERS)

The new CalPERS president, Priya Mathur, lost her board seat this week, defeated by a Corona police sergeant, Jason Perez, who wants to shift the $360 billion investment fund toward higher yields that secure pensions with less focus on social issues. Mathur, a Bay Area Rapid Transit District analyst serving on the board since 2002, rose to the leadership post in January.

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