CalPERS board election completed.SACRAMENTO, Calif.--(BUSINESS WIRE)--Dec. 13, 1994--Elections have been completed for the three available Board of Administration positions for the California Public Employees' Retirement System (CalPERS). Board President Dr. William D. Crist and Kurato Shimada were both reelected for a third term, and Michael Flaherman was elected to a first term as the Public Agency representative. The terms for all three board members run through January 1999. Crist, who was first elected as president of the board in January 1992, has served on the board as the state member representative since January 1987. In addition to his elected duties, Crist also serves on numerous board committees including vice chair of the Investment Committee. Crist is a professor of economics at California State University, Stanislaus California State University, Stanislaus, a campus in the California State University system, was established in 1957 in Turlock, California. CSU Stanislaus has nursing and education programs. . Shimada first assumed his seat on the board as the elected school member representative in January 1987. He has served as chair of the board's Health Benefits Committee since February 1992. Shimada is a landscape/grounds supervisor for the Oak Grove School District The Oak Grove School District operates 18 elementary schools (K-6) and three intermediate schools (7-8 unless otherwise noted) in San Jose, California, USA. The district has 566 teachers (FTEs) serving 11613 students. in San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. . An economist for the Bay Area Rapid Transit “BART” redirects here. For other uses of "BART" or "Bart", see Bart. The San Francisco Bay Area Rapid Transit District (BART) is a heavy rail public rapid-transit system serving the San Francisco Bay Area. District (BART) since 1992, Flaherman received a bachelor's degree in government from Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony. in 1987, and received a master's degree in city planning from MIT MIT - Massachusetts Institute of Technology . Flaherman, who defeated long-time board incumbent Jake Petrosino, will assume his seat on the CalPERS board in January. ``I am honored to serve in the seat held by Jake Petrosino, who has contributed enormously to the welfare of CalPERS members and the entire state of California,'' said Flaherman. CalPERS is the largest publicly funded retirement system in the country with assets valued at nearly $80 billion. The system provides retirement and health coverage to over 1 million current and retired public employees. CONTACT: CalPERS Michael Ogata, 916/326-3320 |
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