WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System (CalSTRS) received its final $15.6 million payment of compensation from the 1997 sale of the Elk Hills Naval Petroleum Reserve as part of the $1.1 trillion budget appropriation bill signed into law today by the President.
WEST SACRAMENTO, Calif. – The California State Teachers’ Retirement System’s (CalSTRS) Corporate Governance 2014 Annual Report shows its engagement with small-cap companies yielded remarkable progress in the adoption of majority voting standards for the election of corporate directors.
The Corporate Governance 2014 Annual Report reflects four years of work with small-cap companies—those with a capitalization of $2 billion or less—to adopt the majority-vote standard. The standard requires directors to receive a majority of shareholder support to be elected to the board.
Cassandra Lichnock is the chief operating officer (COO) of CalSTRS, the largest educator-only pension fund in the world. Ms. Lichnock oversees the Benefits and Services, Plan Design and Communication, Technology Services, BusinessRenew and Administrative Services branches, as well as the Audit Services Division responsible for the system’s strategic initiatives, programs and internal operations.
Brian Bartow is the general counsel of CalSTRS, the largest educator-only pension fund in the world. He is the primary legal adviser to the Teachers’ Retirement Board and heads the fund’s Legal Services team, as well as its Office of Ethics and Compliance, Office of Information Security and Community Property Division.
Mr. Ailman is the chief investment officer of CalSTRS, the world’s largest educator-only pension fund, where he oversees an investment portfolio valued at approximately $189.7 billion as of November 30, 2014.
Peggy Plett is the deputy chief executive officer for CalSTRS Benefits and Services, with responsibility for Client Outreach & Guidance, Customer Service, Disability & Survivor Benefits, Member Account Services and Service Retirement.
Lisa Blatnick is the chief of administrative services at CalSTRS, the largest educator-only pension fund in the world. Ms. Blatnick is responsible for the activities in the Facilities Management and Procurement, and Human Resources divisions.
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