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The California Public Employees Retirement System began pushing for his ouster.
FORBES: A shock to the system
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But just three years ago the California Public Employees Retirement System (Calpers) singled out Wyly's Michaels Stores, a retailer of craft kits, as one of the worst-run companies in America.
FORBES: Virtual Takeover
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Presently, the California Public Employees Retirement System (CalPERS) and the California State Teachers Retirement System (CalSTRS) - which oversees California public employees and school teachers' taxpayer-funded retirement funds - invest in companies that do business in the Islamic Republic of Iran.
CENTERFORSECURITYPOLICY: Divest Terror starts in California
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And the California Public Employees' Retirement System underwent a similar change in approach in 2010.
WSJ: Supercharging Your Investment Portfolio
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Nor are major stakeholders such as the California Public Employees' Retirement System and Abu Dhabi-based Mubadala Development Co.
WSJ: Carlyle Takes Cautious Approach in IPO Price
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The California Public Employees' Retirement System struck down Marriott International's attempt to set up a dual stock system in 1998.
FORBES: Are dynasties Dying?
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The California Public Employees' Retirement System, the country's largest pension fund, had said it would vote for Apple's proposal, because it would have strengthened shareholder rights.
WSJ: Judge blocks shareholder vote on Apple proposal
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Some California legislators were outraged last year when they discovered that CalPERS, the powerful California Public Employees' Retirement System, never considered national-security concerns in its investment decisions.
CENTERFORSECURITYPOLICY: China cashes in
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The California Public Employees' Retirement System was recently ensnared in a scandal involving former directors who received millions of dollars from money managers to line up contracts with the fund.
FORBES: Companies, People, Ideas
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The California Public Employees' Retirement System (CalPERS), the nation's largest pension fund and a leader in promoting corporate governance, said Friday it welcomed any move by the SEC that would help U.S. investors make educated decisions about their foreign exposure.
CENTERFORSECURITYPOLICY: Center For Security Policy
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In testimony delivered last week ( excerpts attached) alongside high-ranking officials of California's Public Employees Retirement System (CalPERS) pension fund, a delegation invited by State Sen.
CENTERFORSECURITYPOLICY: Center For Security Policy