Press Release

June 19, 2012

External Affairs Branch
(916) 795-3991
Robert Udall Glazier, Deputy Executive Officer
Brad Pacheco, Chief, Office of Public Affairs
pressroom@calpers.ca.gov

CalPERS Names Douglas Hoffner to Top Post for Operations and Technology

SACRAMENTO, CA – The California Public Employees’ Retirement System (CalPERS) today announced that it has selected Douglas Hoffner as its Deputy Executive Officer for the pension fund’s operations and technology.

Hoffner will be responsible for CalPERS support and operational functions, advising the senior leadership team and Board on issues, including human resources, fiscal planning and budgeting, enterprise strategy and performance, information technology, and facilities management.

“Doug has significant experience in state government operations and strategic policy,” said Anne Stausboll, CalPERS Chief Executive Officer. “We look forward to his contributions as we bring greater efficiencies to our operations and continue to expand our service delivery to members and employers through new technologies.”

Hoffner will start his position July 16 and report to Stausboll.

Hoffner joins CalPERS from the California Labor and Workforce Development Agency, where he has served as Undersecretary since February 2007, and was Acting Secretary from 2008 to 2009. He was responsible for a $26 billion budget and 14,000 employees across a number of departments and agencies that provide services to California business and workers, including workers’ compensation, unemployment, workforce development, tax collection, labor law enforcement and economic development.

Prior to his leadership on labor and workforce issues, Hoffner was Deputy Cabinet Secretary for Governor Arnold Schwarzenegger from 2006 to 2007 and Assistant Director of Legislation at the Department of General Services from 2004 to 2006. He also served as Legislative Director for Assemblyman Fred Aguiar for over three years. 

Hoffner earned his Bachelor’s degree in Political Science from California State University, Chico and studied abroad at the University of Sheffield in the United Kingdom.

CalPERS, with assets of approximately $226 billion, is the largest public pension fund in the U.S. It administers retirement benefits for more than 1.6 million California state, local government, and public school employees, retirees, and their families on behalf of more than 3,000 public employers, and health benefits for more than 1.3 million enrollees. The average CalPERS pension benefit is $2,332 per month. The average benefit for those who retired in the most recent fiscal year that ended June 30, 2011, is $3,065 per month. For more information, please visit www.calpers.ca.gov.

###

Dated: 06-19-2012