Anne Stausboll became the Chief Executive Officer of the California Public Employees’ Retirement System (CalPERS) in January of 2009, becoming the first woman to head the nation's largest public pension fund, with approximately $170 billion in assets. As CEO, Stausboll oversees 2,300 employees with a budget of more than $332 million, and programs spanning investments, health and retirement benefits administration, actuarial and employer services, supplemental retirement programs, a long-term care program, government affairs, stakeholder relations, and numerous support functions. Before her appointment to the CEO position she was the Interim Chief Investment Officer from April to December of 2008, and was the pension fund’s Chief Operating Investment Officer where she implemented investment strategies for the System’s real estate, alternative investment and public market portfolios. Before joining CalPERS, Stausboll was Chief Deputy Treasurer to the California State Treasurer and worked for six years in the CalPERS Legal Office, including two years as Deputy General Counsel. Her work at CalPERS has gotten her the attention of the finance industry, resulting in her being named one of the Top 25 Nonbank Women in Finance by USBanker for both 2007 and 2008. While she’s received many accolades for her work there is controversy there for her as well. CalPERS recently divested itself of tobacco stocks and emerging markets in favor of California businesses and real estate in low-income areas. While politically it was considered a front-page positive move, sin stocks remain highly profitable, while real estate prices continue to drop. She’s still determined to steer the fund in such a way that CalPERS remains a financial powerhouse while continuing to invest in community friendly areas. Stausboll serves on the Ceres Board, as well as the governing board for the United Nations Principles for Responsible Investment, as well as sitting on the Toigo Foundation Advisory Board.
Anne Stausboll became the Chief Executive Officer of the California Public Employees’ Retirement System (CalPERS) in January of 2009, becoming the first woman to head the nation's largest public pension fund, with approximately $170 billion in assets. As CEO, Stausboll oversees 2,300 employees with a budget of more than $332 million, and programs spanning investments, health and retirement benefits administration, actuarial and employer services, supplemental retirement programs, a long-term care program, government affairs, stakeholder relations, and numerous support functions. Before her appointment to the CEO position she was the Interim Chief Investment Officer from April to December of 2008, and was the pension fund’s Chief Operating Investment Officer where she implemented investment strategies for the System’s real estate, alternative investment and public market portfolios. Before joining CalPERS, Stausboll was Chief Deputy Treasurer to the California State Treasurer and worked for six years in the CalPERS Legal Office, including two years as Deputy General Counsel. Her work at CalPERS has gotten her the attention of the finance industry, resulting in her being named one of the Top 25 Nonbank Women in Finance by USBanker for both 2007 and 2008. While she’s received many accolades for her work there is controversy there for her as well. CalPERS recently divested itself of tobacco stocks and emerging markets in favor of California businesses and real estate in low-income areas. While politically it was considered a front-page positive move, sin stocks remain highly profitable, while real estate prices continue to drop. She’s still determined to steer the fund in such a way that CalPERS remains a financial powerhouse while continuing to invest in community friendly areas. Stausboll serves on the Ceres Board, as well as the governing board for the United Nations Principles for Responsible Investment, as well as sitting on the Toigo Foundation Advisory Board.