CalPERS President Sean Harrigan was ousted from the pension fund yesterday after leading a controversial corporate reform drive that drew the system into political and boardroom battles. The California Personnel Board voted 3 to 2 to send Ron Alvarado as its representative to the $177-billion California Public Employees Retirement System. Alvarado will replace Harrigan, and his one-year term begins on 1 January.
CalPERS President Sean Harrigan Ousted
CalPERS President Sean Harrigan was ousted from the pension fund yesterday after leading a controversial corporate reform drive that drew the system into political and boardroom battles. The California Personnel Board voted 3 to 2 to send Ron Alvarado as