WEST SACRAMENTO, Calif. (June 13, 2019) – The California State Teachers’ Retirement System announces the appointment of Geraldine Jimenez as Director of Investment Strategy and Risk. This new unit, situated in the CalSTRS Investment Branch, was established in May 2019. The unit is responsible for implementing and monitoring CalSTRS’ overall investment portfolio strategy and risk profile.
WEST SACRAMENTO, Calif. (May 22, 2019) – The California State Teachers’ Retirement System today announced that Global Equity Director June Kim has been selected as one of 22 Finance Leaders Fellows at the Aspen Institute, part of the Aspen Global Leadership Network. Fellows are nominated by a third party; each class of Fellows is made up of high-integrity, highly diverse individuals who have something to teach and to learn from the others.
WEST SACRAMENTO, Calif. (May 20, 2019) – The California State Teachers’ Retirement System today announced the opening of its eighth member center, in Fresno’s Civic Center Square.
Other CalSTRS service centers are in Glendale, Irvine, Riverside, Redding, Santa Clara, San Diego, and at the CalSTRS headquarters in West Sacramento.
Corporate Governance Program Team: Anne Sheehan, Director of Corporate Governance; Janice Hester-Amey, Portfolio Manager; Brian Rice, Portfolio Manager; Aeisha Mastagni, Investment Officer; Philip Larrieu, Investment Officer; Ly Van, Investment Officer; Travis Antoniono, Investment Officer; Eric Kwong, Investment Officer
During fiscal year 2013-14, CalSTRS staff voted on 74,666 proxy proposals at 7,956 meetings, submitted on behalf of 7,060 corporations that were held in the Global Equity portfolio.
The 74,666 proposals were a 12 percent increase from the 66,670 proposals staff voted on in 2012-13. The 7,956 meetings considered were a 13 percent increase from the 7,045 meetings considered in 2012-13.
The significant increase in the total number of proposals and meetings voted is primarily attributed to CalSTRS’ hiring of new non-U.S. external managers, particularly in the emerging markets in 2013, since the number of foreign proxies voted substantially increased by more than 28 percent.
During fiscal year 2013-14, CalSTRS staff voted on 25,715 proposals at 3,062 meetings held for 2,930 companies in the domestic public equity portfolio.
In fiscal year 2013-14, the total number of proposals and meetings voted was more than 10 percent higher compared to 2012-13, although the number of domestic proposals and meetings voted decreased by approximately six percent during this time period.
