CalPERS elects first female board president

The $358 billion California Public Employees’ Retirement System Board of Administration has elected Priya Mathur as its new board president. She is the first female elected president of the CalPERS board. This will be her first term.

In addition, Rob Feckner has been elected as vice president. Feckner previously served as board president and vice president.

Mathur said she is proud of what CalPERS has accomplished over the last 15 years that she has been on the board, but said there is still a lot to do.

Mathur represents public employees on the CalPERS Board, which she joined in 2002. She currently serves on four committees: Governance, Investment, Pension & Health Benefits, and Risk & Audit. She chairs the Pension & Health Benefits Committee and is vice chair of the Governance Committee.

The president oversees the board’s business, and sets meeting schedules and agendas with input from other board members and CalPERS executive staff. The president also makes appointments to board committees and represents CalPERS to outside parties.

Feckner represents school members on the CalPERS Board, which he joined in 1999. He currently serves on four board committees: Governance, Investment, Pension & Health Benefits, and Risk & Audit.

He has served the Napa Valley Unified School District for more than 40 years, and is a past president of the California School Employees Association.