CalSTRS Loses Global Equities Head
June 24, 2008
Eileen Okada will retire from her post as director of global equities at the $170 billion California State Teachers’ Retirement System (CalSTRS) on Nov. 1.
According to the fund’s Web site, Okada had been on leave since March 28. She joined CalSTRS 36 years ago as an accountant.
In the meantime, the plan’s CIO Christopher Ailman will oversee the roughly $100 billion portfolio, which encompasses both U.S. and global equity.
EFL Associates has been retained by the Sacramento plan to search for Okada’s replacement.
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