Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

CalPERS CEO Recruitment Underway

Date 07/10/2008

The California Public Employees’ Retirement System’s (CalPERS) Board of Administration announced today that its recruitment for a new Chief Executive Officer (CEO) is officially underway and applications are being accepted through October 31, 2008.

Cooperative Personnel Services (CPS), based in Sacramento, California, is assisting CalPERS Human Resources staff and Board with the recruitment process and recently posted the announcement about the position on industry web sites.  A copy is accessible on the home page of the CalPERS Web site at www.calpers.ca.gov.

The CEO helps set and achieve the System’s long-term goals. Qualifications for the position include:

  • Broad and extensive management experience in a large organization with multiple lines of business and strong leadership skills.
  • A demonstrated track record of success, evidence of strategic leadership abilities, and the capacity to build effective and mutually respectful relationships with a governing board.
  • Strong communication skills and the ability to foster, manage and lead successful, high functioning teams at all levels of an organization.
  • High ethical standards, sound judgment, and a strategic focus balanced with consensus building skills.

The CalPERS Board also desires a candidate who has experience dealing with multiple and diverse constituent groups, has a commitment to diversity, and who is team oriented.

The CEO oversees the System’s 2,300 employees and a budget of more than $332 million.  The System’s operations include health and retirement benefits administration, investments, actuarial and employer services, supplemental retirement programs, a long-term care program, government affairs, stakeholder relations, and numerous support functions.

Candidates interested in the position can contact Stuart Satow or Christine Iams with CPS at (916) 263-1401, submit a cover letter, resume, list of six work related references, and current salary to resumes@cps.ca.gov.