CalSTRS Governance, Innovation & Risk Leaders Lauded

WEST SACRAMENTO, Calif. – The directors of the California State Teachers’ Retirement System’s Corporate Governance and Innovation & Risk units received awards from Institutional Investor Magazine last night at a Los Angeles awards ceremony. The accolades, part of the third-annual Investor Intelligence Awards, were in recognition of expertise and dedication to CalSTRS and the investment industry at large. Corporate Governance Director Anne Sheehan received her award in the areas of Environmental, Social, Governance/Socially Responsible Investing. Innovation & Risk Director Steven Tong received the Innovator Award for his role in launching the Innovation & Risk unit in 2009. Ms. Sheehan leads a staff of 11 whose work supports CalSTRS’ central role as a fiduciary and administrator for the state’s retirement trust fund serving nearly 900,000 educators. CalSTRS responsibly votes the fund’s proxies across its public equity portfolio and conducts active engagement and education campaigns as a shareholder to promote change when and where corporate governance issues arise.