February 21, 2017

Communications & Stakeholder Relations
(916) 795-3991
Brad W. Pacheco, Deputy Executive Officer
Wayne Davis, Chief, Office of Public Affairs
Contact: Jeanie Esajian, Information Officer
newsroom@calpers.ca.gov

Leadership will guide six Board committees for year ahead

SACRAMENTO, CA - The California Public Employees' Retirement System (CalPERS) Board of Administration has elected the following chairs and vice chairs of key board committees:

  • Board Governance Committee – Theresa Taylor, Chair; Priya Mathur, Vice Chair (March 13, 2017)*

    Taylor is serving her first term, having been elected in 2014 to represent state members. She has been a CalPERS member for more than 20 years, and works as a principal compliance representative for the State Franchise Tax Board. Taylor is also the elected vice president/secretary-treasurer of the statewide Service Employees International Union Local 1000, where she oversees the organization’s $62 million budget. Mathur was first elected to the CalPERS Board in 2002 by CalPERS public agency members, and has been re-elected three times. She is a principal financial analyst for the Bay Area Rapid Transit District. Mathur serves on the Principles for Responsible Investment Board, and is a member of the Investor Advisory Council for Astia, a non-profit organization dedicated to the success of women-led, high-growth ventures.

    Other Board Governance Committee members are Michael Bilbrey, Rob Feckner, Dana Hollinger, Henry Jones, and Bill Slaton.

  • Investment Committee - Henry Jones, Chair; Bill Slaton, Vice Chair

    Jones was first elected to the CalPERS in 2007 by retired CalPERS members. He was re-elected to terms beginning in 2012 and 2016, and also serves as vice president of the Board. Jones is a retired chief financial officer of the Los Angeles Unified School District. He currently serves as a personnel commissioner for the Los Angeles Community College District, and is a board member of the Robert Toigo Foundation and the Pacific Pension & Investment Institute. Slaton was appointed to the CalPERS Board in 2012, and again in 2015 by Gov. Jerry Brown, to represent local government. Since 2003, Slaton has served on the Sacramento Municipal Utility District board of directors—three terms as its president and one term as vice president. He also serves on the Policy Makers Council of the American Public Power Association.

    Other Investment Committee members are Michael Bilbrey, John Chiang, Richard Costigan, Rob Feckner, Richard Gillihan, Dana Hollinger, JJ Jelincic, Ron Lind, Priya Mathur, Theresa Taylor, and Betty Yee.

  • Finance & Administration Committee - Richard Costigan, Chair; Theresa Taylor, Vice Chair

    Costigan is serving his seventh one-year term on the Board. He was elected by the State Personnel Board in December 2010, and continues to serve as its ex-officio member. He served as deputy chief of staff and legislative affairs secretary to Gov. Arnold Schwarzenegger, and is senior director of State and Government Affairs for the national law and consulting firm of Manatt, Phelps & Phillips. Taylor is serving her first term, having been elected in 2014 to represent state members. She has been a CalPERS member for more than 20 years, and works as a principal compliance representative for the State Franchise Tax Board. Taylor is also the elected vice president/secretary-treasurer of the statewide Service Employees International Union Local 1000, where she oversees the organization's $62 million budget.

    Other Finance & Administrative Committee members are John Chiang, JJ Jelincic, Henry Jones, Bill Slaton, and Betty Yee.

  • Pension & Health Benefits Committee - Priya Mathur, Chair; Michael Bilbrey, Vice Chair

    Mathur was first elected to the CalPERS Board in 2002 by CalPERS public agency members, and has been re-elected three times. She is a principal financial analyst for the Bay Area Rapid Transit District. Mathur serves on the Principles for Responsible Investment Board, and is a member of the Investor Advisory Council for Astia, a non-profit organization dedicated to the success of women-led, high-growth ventures. Bilbrey was elected to the Board in 2011 by active and retired members, and re-elected in 2013. He is the bookstore operations coordinator at Citrus Community College in Glendora, and is a former president of the California School Employees Association. He also has served as vice president of the California Labor Federation executive council.

    Other Pension & Health Benefits Committee members are John Chiang, Rob Feckner, Richard Gillihan, Dana Hollinger, Henry Jones, Theresa Taylor, and Betty Yee.

  • Risk & Audit Committee - Dana Hollinger, Chair; Ron Lind, Vice Chair

    Hollinger, a 25-year veteran of the life insurance industry, was appointed to the CalPERS Board in 2014 by Governor Brown to serve as the insurance industry representative. She served on the Women's Leadership Board to the John F. Kennedy School of Government at Harvard University from 2004-12, and is a sought-after speaker and author of articles on tax and estate planning. Lind is serving his first term on the Board as a 2013 appointee of the California State Senate and Assembly. He is a former president of the United Food & Commercial Workers (UFCW) Local 5 in San Jose. Lind also served as vice president of the UFCW International Union, a vice president of the California Labor Federation, and president of the South Bay AFL-CIO Labor Council.

    Other Risk & Audit Committee members are Rob Feckner, Richard Gillihan, Priya Mathur, Bill Slaton, and Betty Yee.

  • Performance, Compensation, & Talent Management Committee - Michael Bilbrey, Chair; Richard Costigan, Vice Chair

    Bilbrey was elected to the Board in 2011 by active and retired members, and re-elected in 2013. He is the bookstore operations coordinator at Citrus Community College in Glendora, and is a former president of the California School Employees Association. He also has served as vice president of the California Labor Federation Executive Council. Costigan is serving his seventh one-year term on the Board. He was elected by the State Personnel Board in December 2010, and continues to serve as its ex-officio member. He served in the administration of Governor Schwarzenegger as deputy chief of staff and legislative affairs secretary, and now is senior director of State and Government Affairs for Manatt, Phelps & Phillips.

    Other Performance, Compensation, & Talent Management Committee members are John Chiang, Richard Gillihan, Dana Hollinger, Ron Lind, and Theresa Taylor.

Elected Board members generally serve four-year terms that begin January 16 the year after their election and end January 15.

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 1.8 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 $312 billion. For more information, visit www.calpers.ca.gov.

*This release was updated to reflect the results of the Board Governance Committee election for chair and vice chair.