The California Public Employees’ Retirement System (CalPERS) has named Sean Tracy to lead the pension fund’s newly established Enterprise Strategy and Performance Division.
Tracy will be responsible for the overall planning, development and monitoring of CalPERS strategic and annual business plans working with the System’s executive leadership team. He will also oversee the development of performance measures for the organization and will help coordinate CalPERS position on urgent enterprise emerging issues. Tracy, who will report to Steve Kessler, Deputy Executive Officer for Operations and Technology, begins his position on December 7, 2011.
“Sean has a strong background in the development of strategic plans for large and complex organizations and is well-suited to help establish CalPERS enterprise priorities, “said Kessler. “His experience will be valuable in framing CalPERS strategic vision and goals for the future.”
Tracy joins CalPERS from the California Department of Mental Health where he served as Assistant Deputy Director of the Community Services Division overseeing the administration of the department’s $3 billion budget and over 300 contracts. He previously served as the department’s Chief of Strategic Planning and Policy directing policy development, strategic business planning and performance measures. Tracy also served as the Chair of a Medi-Cal billing information technology systems project and represented the Director of the Department of Mental Health in two federal court lawsuits involving children’s mental health delivery systems.
During his 25 years of State government service, Tracy has held several senior level government posts including roles as Deputy Director of Assembly Communications and Member Services in the California State Legislature and Deputy Insurance Commissioner for Strategic Planning, Policy and Research with the California Department of Insurance. Tracy also managed strategic and operations business plans during his tenure at the California Department of Corrections and Rehabilitation, and the California Franchise Tax Board.
He is a graduate of California State University, Chico with a bachelor’s degree in public administration and a master’s degree in the same field from the University of Southern California.
Tracy replaces Nancy Quinlan who has been serving as Chief of CalPERS former division overseeing Strategic Management Services.
“I want to thank Nancy for her leadership during this transition and her hard work to create a strong foundation for our future enterprise strategy efforts,” said Kessler.
CalPERS is the nation’s largest public pension fund with approximately $226 billion in assets, providing retirement benefits to more than 1.6 million State, public school, and local public agency employees, retirees, and their families, and health benefits to more than 1.3 million members. The average CalPERS pension is $2,220 per month. For more information about CalPERS, visit www.calpers.ca.gov.
