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CalPERS Board Re-Elects Rob Feckner As President, George Diehr Vice President

Date 18/02/2010

Members of the California Public Employees’ Retirement System’s (CalPERS) Board of Administration today unanimously re-elected Rob Feckner to a sixth term as the System’s President, and George Diehr as its Vice President for a third year.

“I’m very thankful for the Board’s support of me to serve as President for another year,” said Feckner. “We have faced some formidable challenges in the last year but we view them as opportunities to strengthen our system.  Our members and employers can be assured that we are working hard together to protect their retirement and health security.” 

Feckner, who is a representative on the Board for school members, was first elected to the CalPERS Board in 1998. He serves as a member of the Health Benefits, Investment Committee, and Ad Hoc Risk Management Committees. He also serves as Chair of the Ad Hoc Board Governance Committee and as Vice Chair of the Benefits and Program Administration Committee. Feckner previously served as the Board’s Vice President and Chair of the Investment Committee.

Feckner lives and works in Napa, where he has been employed with the Napa Valley Unified School District for 33 years.

He is Association Past President of the California School Employees Association. He is also an Executive Vice President of the California Labor Federation.

President Feckner oversees the Board’s business, sets meeting schedules and agendas with input from other Board Members and executive staff, makes appointments to Board policy committees, and represents CalPERS to outside parties. 

Vice President Diehr, who represents state employees, including employees of the California State University System, was first elected to the CalPERS Board in 2002.

He is Chair of the Investment Committee and Vice Chair of the Policy Subcommittee, Health Benefits Committee and Ad Hoc Board Governance Committee. He also serves on the Benefits and Program Administration and Ad Hoc Risk Management Committees.

“I’m honored that my colleagues have selected me to serve as their Vice President for a second year and I’m looking forward to working with them, our members and employers, and all our stakeholders in the year to come,” Diehr said. 

In the area of health care, Dr. Diehr represents CalPERS as a member of the board of the National Coalition on Health Care.

Since 1990, Diehr has been on the faculty of the College of Business Administration at California State University, San Marcos. He is also active in the faculty union, the California Faculty Association. The Vice President assumes all duties in the President’s absence, and carries out special duties assigned by the President.

CalPERS is the nation’s largest public pension fund with more than $200 billion in market assets. It provides retirement benefits to more than 1.6 million State, school and local public employees, retirees and their families, and health benefits to nearly 1.3 million members. For more on CalPERS, visit www.calpers.ca.gov.