CalPERS Chief Announces Retirement
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A Times Staff Writer
Another official of the California Public Employees’ Retirement System is departing: James E. Burton, the pension fund’s chief executive, said he will leave this fall for a private-sector career.
Burton has been CEO of the $150-billion fund since 1994, and has worked in California state government for 27 years.
William Crist, president of CalPERS’ board, and Michael Flaherman, who heads the fund’s investment committee, also are expected to depart by year’s end.
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