News release Ricardo Duran

CalSTRS Welcomes Chief Auditor
MaryAnn Campbell-Smith hired to oversee Audit Services at CalSTRS

WEST SACRAMENTO, CA – The California State Teachers’ Retirement System (CalSTRS) announced today it has hired MaryAnn Campbell-Smith as its Chief Auditor, effective October 10, 2011.

Campbell-Smith has been a Certified Public Accountant since 1988 and has more than 30 years of auditing and management experience.

She comes to CalSTRS from the California Department of Transportation, where she was initially responsible for internal audits of department programs and later directed audits of the department’s for-profit contractors and local government agencies.

At CalSTRS, she will direct both internal audits of the pension’s operations, as well as external risk assessments and audit of more than 1,700 employers whose certificated staff are CalSTRS members. Campbell-Smith will report to the Audits and Risk Management Committee of the Teachers’ Retirement Board and to CalSTRS Chief of Staff Christine Ford.

Campbell-Smith graduated with a bachelor’s degree in accounting from Cal. State Sacramento. She is a member of the California Society of CPAs and the Institute of Internal Auditors. Campbell-Smith lives in Sacramento.

The California State Teachers’ Retirement System, with a portfolio valued at $146.6 billion as of August 31, 2011, is the largest teacher pension fund and second largest public pension fund in the United States. CalSTRS administers a hybrid retirement system, consisting of a traditional defined benefit, cash balance and defined contribution plan, as well as disability and survivor benefits. CalSTRS serves California’s 852,000 public school educators and their families from the state’s 1,600 school districts, county offices of education and community college districts.

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