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People moves news

CalPERS appoints new committee members


07 March 2014 Sacremento
Reporter: Stephen Durham

Generic business image for news article
Image: Shutterstock
The California Public Employees’ Retirement System (CalPERS) board of administration has elected a number of new chairs and vice chairs to their board committees. Henry Jones has been made chair of the investment committee, and George Diehr has been made the vice chair.

Jones was elected to the CalPERS Board in 2007 by retired CalPERS members, and then re-elected in 2011. Diehr was elected to the CalPERS Board in 2002 by state employees, including employees of the California State University System. He was re-elected to a fourth term in 2010.

Other investment committee members are Michael Bilbrey, Julie Chapman, John Chiang, Richard Costigan, Rob Feckner, JJ Jelincic, Ron Lind, Bill Lockyer, Priya Mathur and Bill Slaton.

Priya Mathur has been made chair of the pension and health benefits committee while George Diehr is also its vice chair. Mathur was elected to the CalPERS board in 2002 by CalPERS public agency members and was re-elected in 2006 and 2010. Mathur is a principal financial analyst for the Bay Area Rapid Transit District.

Bill Slaton has been elected as chair of the finance and administration committee and Richard Costigan takes the position of vice chair. Slaton was appointed to the CalPERS Board in July 2012 by Governor Jerry Brown to represent local government. Costigan was appointed to the State Personnel Board by Governor Arnold Schwarzenegger in 2007 and is senior director of state and government affairs for the national law and consulting firm of Manatt, Phelps and Phillips.

Michael Bilbrey has been made chair of the performance, compensation and talent management committee and Priya Mathur has been made its vice chair.

Bilbrey was elected to the CalPERS Board in 2010 by active and retired CalPERS members and was re-elected in 2013. Bilbrey is the bookstore operations coordinator at Citrus Community College in Glendora. He is also president of the California School Employees Association and vice president of the California Labor Federation Executive Council.

There was no change on the board governance committee. Board president Rob Feckner continues as chair and Priya Mathur continues as vice chair.

The risk and audit committee did not meet in February and will choose the chair and vice chair at its next meeting.

CalPERS is the largest public pension fund in the US, with more than $280 billion in assets.
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