US - The California Public Employees' Retirement System (CalPERS) has appointed Anne Simpson as senior portfolio manager for corporate governance.
"In Anne Simpson, we are getting one of the world's most influential investor activists," said George Diehr, chair of the CalPERS Investment Committee.
"She is widely recognized in the global corporate governance community, which knows her for her many appearances before political, policy and regulatory bodies."
CalPERS said she would oversee its Focus List program, which involves monitoring portfolio companies' performance related to finance, corporate governance practices and CalPERS strategic issues.
It added she would also help CalPERS respond to ongoing market reform issues before US policymakers and regulators.
Simpson will report to Eric Baggesen, senior investment officer for global equity, and will work with Baggesen and other team members to refine the investment structures and capital allocation process used to construct the global equity asset class of the CalPERS portfolio. CalPERS said her start date was pending.
This appointment is the fourth in the last two months. CalPERS appointed Anne Stausboll as CEO in December 2008, while Patricia Clarey was appointed to its board of administration and Joseph Dear as chief investment officer in January 2009.
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