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CalPERS Suspends Search for New CIO
Pension system officials say they won’t restart the search until early July, and they didn’t offer a timetable as to when a new person will take the job.
The California Public Employees’ Retirement System (CalPERS) has suspended its search for a new chief investment officer to replace Ben Meng, who resigned in August following an ethics complaint. CalPERS officials say they do not expect a new search to resume until early July.
The pension system’s CEO, Marcie Frost, made the disclosures in a press release, putting a temporary end to the search that began after Meng resigned. ....

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