The President has signed legislation which implements the most sweeping reform of financial markets approved by Congress in 70 years. In this "Insight" interview, Anne Simpson, CalPERS Senior Portfolio Manager for Corporate Governance, outlines the value of the new laws and the changes still needed. Download transcript
The Diverse Director DataSource - "3D" - will provide a new pool of talent. It will be a resource for shareowners, company nominating committees and executive search firms seeking skilled individuals who can bring a fresh perspective to a board room, advance a company's business strategy and help investors achieve long-term, risk-adjusted returns.
Creating the Datasource
CalPERS and CalSTRS developed the concept for the Diverse Director DataSource;
A broad alliance of experts have contributed to the design and development and will continue to oversee the implementation of the 3D;
The third party vendor owns, operates, and maintains the DataSource;
Candidates submit information to the Diverse Director DataSource.
Two groups have played important roles in developing the Diverse Director DataSource
The Alliance, a broad coalition of interested parties brought together to help build consensus and generate ideas around 3D;