Governance Guru Applauds CalPERS’ Move
Rick Funston is quoted in Institutional Allocator regarding the decision by CalPERS to change its governance policy to make the CEO solely responsible for hiring, evaluating and terminating the chief investment officer, as well as general trends in public pension fund board delegations.
To view the article click here: http://institutional-allocator.com/more-power-to-the-ceo/