CalSTRS selects new CIO
People - MAY 16, 2024

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CalSTRS selects new CIO

by Lewis Dayton

The $332.5 billion California State Teachers’ Retirement System (CalSTRS) has announced that Scott Chan has been selected as its new CIO.

Chan has been serving as the deputy chief investment officer at CalSTRS since 2018 and will be replacing Christopher Ailman, who is retiring.

"Scott has a unique combination of deep institutional investing skills and experience plus a down-to-earth leadership style, and he is committed to upholding the CalSTRS culture," said search committee chair Harry Keiley. "He is unquestionably the right person to lead our talented and diverse team on behalf of California's public educators and their loved ones."

As CIO, Chan will work to develop and implement investment policies, strategies and initiatives at CalSTRS, in addition to managing a significant budget and fostering a collaborative culture.

"As deputy CIO, Scott has already brought so much value to CalSTRS," added Cassandra Lichnock, CEO of CalSTRS. "He is helping lead

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