WEST SACRAMENTO, Calif. – CalSTRS voted its 11.6 million shares against long-tenured board members John D. Baker II, John S. Chen, Lloyd H. Dean, Enrique Hernandez, Jr., Donald M. James, Cynthia H. Milligan, Federico F. Peña, Stephen W. Sanger, and Susan G. Swenson. These board members failed in their duty to shareholders to identify the weaknesses in the company’s risk and oversight mechanisms.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System today announced that Governor Brown has appointed Karen Yamamoto to the California State Teachers’ Retirement Board. The board oversees the retirement benefits for California’s prekindergarten–12 and community college educators covered under the California State Teachers’ Retirement System (CalSTRS).
The $202 billion California State Teachers’ Retirement System (CalSTRS) has announced its first social bond purchase, a $5 million investment that will finance women-owned enterprises and projects for low-income communities in emerging markets.
The California State Teachers’ Retirement System, which allocates 8 percent or $16.1 billion to private equity, revised its environmental, social and governance risks policy to base it on principles rather than on both rules and principles, according to the meeting materials for its 5 April meeting.
Video interview with Aeisha Mastagni runs 00:03:21 in duration.
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