CalPERS Begins Search For New CEO

CalPERS this week took the first step toward finding a new CEO: they’ve hired a headhunting firm to conduct the search for its new top executive.

Current CEO Anne Stausboll announced in January she’d be stepping down at the end of this fiscal year.

More from a CalPERS release:

The California Public Employees’ Retirement System (CalPERS) officially launched its search for a new Chief Executive Officer (CEO) to lead and manage the pension fund, health benefit programs and its 2,700 employees.

The search is being led by New York-based Heidrick & Struggles. View a full description of the CEO career opportunity, including the ideal candidate profile and professional competencies. Interested parties may contact:

Heidrick & Struggles

c/o Renee Neri, Partner

1114 Avenue of the Americas, 24th Floor

New York, NY 10036

calpersceo@heidrick.com

The CEO of CalPERS is the leader of a highly visible and complex government organization. The successful candidate will be responsible for ensuring that the organization achieves the strategic objectives established by the Board of Administration, while cultivating a high performing, risk intelligent, collaborative, and innovative culture. The CEO is driven by the organization’s mission, vision, and values and will ensure that these are embraced by the employees who make up CalPERS’ dynamic workforce.

CalPERS is the largest pension fund in the United States by assets under management.

Photo by  rocor via Flickr CC License