Monterey, Calif. Jan 14 The board of the
California Public Employees' Retirement System reelected Rob
Feckner to a ninth term as its president on Monday as it
prepared to discuss strategic issues.
Feckner has been on the board of the $252 billion pension
fund since 1999 and has led it in a soft-spoken manner while
pressing corporate governance and shareholder activism campaigns
and as the fund seeks to recover from steep losses from the
Investments held by the fund, best known as Calpers, peaked
at about $260 billion in 2007 and sank to a low of $160 billion
in March 2009.
The Calpers board also reelected George Diehr to a sixth
term as its vice president.