January 16, 2015

External Affairs
(916) 795-3991
Robert Udall Glazier, Deputy Executive Officer
Brad Pacheco, Chief, Office of Public Affairs
Contact: Joe DeAnda, Information Officer

SACRAMENTO, CA - Governor Jerry Brown today announced that he has reappointed Bill Slaton as the local government representative to the California Public Employees' Retirement System (CalPERS) Board of Administration. Slaton was first appointed by Brown to the Board in 2012.

"Bill has been a valuable part of the CalPERS Board and our system for the past two years," said CalPERS Board President Rob Feckner. "We are glad he will be able to continue his role on the Board, and that we can continue to benefit from his finance and management experience as we keep working to deliver retirement and health benefit programs for our members."

From 1997 to 2007, Slaton served on the Board of Directors of two California community banks: Sacramento Commercial Bank and Placer Sierra Bancshares. From 1978 to 2002, he structured asset financings for state and local public agencies and specialized in the funding of information technology projects. Prior to that, he spent eight years working for IBM in large systems sales. He is a member of the Sacramento Municipal Utility District Board of Directors.

Slaton graduated from the University of Texas with a bachelor's degree in business administration.

For more than eight decades, CalPERS has built retirement and health security for state, school, and public agency members who invest their lifework in public service. Our pension fund serves more than 1.7 million members in the CalPERS retirement system and administers benefits for more than 1.4 million members and their families in our health program, making us the largest defined-benefit public pension in the U.S.  CalPERS' total fund market value currently stands at approximately $292 billion.