CalPERS Steps Up Search For New CIO

May 28 2014 | 7:58am ET

It is no secret that the California Public Employees’ Retirement System has been searching for a new chief investment officer since the sad loss to cancer of Joseph Dear in February, but the pension fund has stepped up its recruitment drive with the release of a four-page brochure outlining the job, and the perks of working for the 400-strong person pension fund.

Candidates for the CIO job, which will pay $408,000 to $612,000,  should “have at least 15 years of successful and relevant professional experience, and will be a strong, visible leader who wears the general management mantle comfortably and elicits respect from those in the organization.”

As for the perks, in addition to the usual health and pension benefits, “Our campus includes a child care center and full-service café that serves fresh, healthy food choices.”

Currently, Ted Eliopoulos is serving as interim CIO until a replacement can be found.

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