Harrigan ousted as CalPERS president

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US - Vocal CalPERS president Sean Harrigan (pictured), a union official who has headed up strong corporate governance efforts during his tenure, has been ousted from his post and replaced by board member Ron Alvarado.

In a 3-2 vote, the California State Personnel Board yesterday replaced Harrigan as its representative to the US$177bn California Public Employee Retirement System – the biggest pension fund in the ...

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