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CalPERS Loses Corporate Governance Head

Dennis Johnson is leaving his role as director of corporate governance at the $235.6 billion California Public Employees' Retirement System (CalPERS) after three years in the position.

He was responsible for the plan's $7 billion corporate governance investment program and led a 17 person corporate governance team. He is joining Shamrock Holdings' Activist Value Fund as a managing director.

Johnson is the most recent of a number of executive departures from CalPERS. Eric Baggesen, senior investment officer of public equities, will take over for Johnson in the interim.


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