WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS), in collaboration with the California Public Employees’ Retirement System (CalPERS), sent the 131 California companies in their portfolios that lack women directors a letter offering their combined expertise to help diversify their boards.
WEST SACRAMENTO, Calif. – California State Teachers’ Retirement System (CalSTRS) today announced the promotion of Lisa Blatnick to Chief of Administrative Services, an executive position focused, in part, on attaining business goals outlined in CalSTRS 2014-15 fiscal year business plan. Ms. Blatnick’s position was effective August 1, 2014.
The Teachers’ Retirement Board is charged with maintaining a strong, stable fund in order to pay benefits to CalSTRS members and their survivors. To fulfill that responsibility, the board understands the CalSTRS portfolio as the foundation of our members’ retirement security and that good corporate governance is essential to the safety of the portfolio.
All activities of the Corporate Governance program are guided by the CalSTRS Corporate Governance Principles. The principles not only lay the foundation of our proxy voting activities but all of the activities including corporate engagements and market-wide governance initiatives.
CalSTRS Corporate Governance program is focused on the following strategic objectives:
As a large and long-term investor, CalSTRS is in a position to exert influence on the corporations in which it has invested. CalSTRS appreciates and, with prudence and care, uses its opportunity to vote on decisions affecting the guidance and well-being of those investments.
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