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CalSTRS News Releases Listing - Board Appointments, $190M Meta Settlement, Investment Returns

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Summary

CalSTRS published its news releases listing, covering announcements from 2024-2026 including a $190 million settlement achieved on behalf of Meta Platform shareholders against company directors and officers. Additional highlights include board reappointments by Governor Newsom, staff appointments including a new chief investment officer, recognition as a Best Places to Work in Money Management for the 11th time, 8.5% net return for fiscal year 2024-25, and proxy voting activities focused on climate risk disclosure and methane emissions.

Published by CalSTRS on calstrs.com . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

What changed

The news releases listing aggregates multiple CalSTRS announcements from February 2024 through February 2026, including board and staff appointments, investment performance results, and a significant $190 million settlement achieved for Meta shareholders. Notable items include the reappointment of Michael Gunning to the Teachers' Retirement Board, the selection of Scott Chan as chief investment officer, and the 11th consecutive Best Places to Work recognition.

For pension fund professionals and investment managers, the Meta settlement represents a notable shareholder activism outcome. The proxy voting disclosures showing votes against 2,258 company boards on climate risk disclosure matters may be of interest to those monitoring ESG stewardship activities. The investment returns of 8.5% for FY 2024-25 (total fund value $367.7 billion) and 8.4% for FY 2023-24 provide benchmarks for peer comparison.

Archived snapshot

Apr 18, 2026

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Read current and past CalSTRS news releases.


On February 27, 2026, Gov. Gavin Newsom announced that Michael Gunning of Elk Grove has been reappointed to the California State Teachers’ Retirement Board.


WEST SACRAMENTO, Calif. (December 8, 2025)— For the 11th time, the California State Teachers’ Retirement System has been named one of the Best Places to Work in Money Management by Pensions & Investments magazine.


WEST SACRAMENTO, Calif. (December 4, 2025)— The California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pleased to announce the appointment of Nick Abel as Sustainable Investment and Stewardship Strategies investment director.

The California State Teachers’ Retirement System achieved a $190 million settlement on behalf of Meta Platform shareholders against current and former directors and officers of the company.


WEST SACRAMENTO, Calif. (November 12, 2025) – The California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pleased to announce the appointment of Puneet Kohli as Risk Mitigating Strategies (RMS) investment director.

WEST SACRAMENTO, Calif. (August 25, 2025) – The California State Teachers’ Retirement System—the world’s largest educator-only pension fund—protected the pensions of California’s public educators by carefully weighing shareholder proposals and votes on companies’ boards of directors this proxy season.


WEST SACRAMENTO, Calif. (August 21, 2025)—The California State Teachers' Retirement System is pleased to announce the appointment of Kirsty Jenkinson as senior investment director of Private Markets and Sustainable Investment and Stewardship Strategies (SISS).


WEST SACRAMENTO, Calif. (July 30, 2025)—The California State Teachers’ Retirement System (CalSTRS) today announced an 8.5% net return on investments for the 2024–25 fiscal year, ending with the total fund value at $367.7 billion as of June 30, 2025.


WEST SACRAMENTO, Calif. (July 7, 2025) – The California State Teachers' Retirement System is pleased to announce the appointment of April Wilcox as senior investment director of Strategic Management and Operations.


WEST SACRAMENTO, Calif. (May 13, 2025)―The Teachers' Retirement Board reelected Denise Bradford chair and Karen Yamamoto vice chair at its May meeting.


WEST SACRAMENTO, Calif. (January 30, 2025) – The California State Teachers’ Retirement System is pleased to announce the promotion of Jeff Zimmer to chief benefits officer.


WEST SACRAMENTO, Calif. (December 9, 2024) – The California State Teachers’ Retirement System has been named one of the Best Places to Work in Money Management by Pensions & Investments magazine for the 10th time.

On September 24, 2024, Gov. Gavin Newsom announced that Steve Juarez, of Truckee, has been appointed to the California State Teachers’ Retirement Board. Juarez’s term dates are September 24, 2024, through December 31, 2027.


WEST SACRAMENTO, Calif. (September 23, 2024) – The California State Teachers’ Retirement System is pleased to announce the appointments of Rosie Lucchesini-Jack as director of the Fixed Income Portfolio and David Murphy as director of Global Equity.

WEST SACRAMENTO, Calif. (August 1, 2024) – The California State Teachers’ Retirement System—the world’s largest educator-only pension fund—focused on climate risk disclosure during the 2024 proxy season, voting against the boards of directors at a record 2,258 companies. This is up from a then-record 2,035 companies in 2023.


WEST SACRAMENTO, Calif. (July 30, 2024) — The California State Teachers’ Retirement System (CalSTRS) today announced an 8.4% net return on investments for the 2023–24 fiscal year, ending with the total fund value at $341.4 billion as of June 30, 2024.


WEST SACRAMENTO, Calif. (July 18, 2024) – The California State Teachers' Retirement System is pleased to announce the appointment of June Kim as senior investment director of total fund management.

As asset owners representing USD $4.6 trillion in assets, we remain deeply concerned about the investment risks posed by climate change to the economy, the markets and our portfolios. Investors encouraging companies to adopt ambitious and thoughtful plans to address climate-related risks aligns with our economic interests as long-term and diversified stewards of capital.


WEST SACRAMENTO, Calif. (May 15, 2024) – The California State Teachers' Retirement System, the world's largest educator-only pension fund, is pleased to announce the selection of Scott Chan as chief investment officer.


WEST SACRAMENTO, Calif. (May 6, 2024) – At the Teachers' Retirement Board meeting on Thursday, May 2, the trustees of the California State Teachers' Retirement System elected Denise Bradford chair and Karen Yamamoto vice chair.

WEST SACRAMENTO, Calif. (March 27, 2024) – As peak proxy voting season begins, the California State Teachers’ Retirement System, the world’s largest educator-only pension fund, is pressing corporate boards to measure, mitigate and reduce methane emissions and disclose critical workforce data.


WEST SACRAMENTO, Calif. (February 26, 2024) – The California State Teachers’ Retirement System has released its 2022–23 Sustainability Report, an annual snapshot of organizational sustainability, which helps build a strong foundation for future success and ensures CalSTRS will be here for California's public educators when they are ready to retire.

On February 16, 2024, Gov. Gavin Newsom announced that Kenneth “Ken” Tang, of Alhambra, and Karen Yamamoto, of Sacramento, have been reappointed to…

WEST SACRAMENTO, Calif. (January 11, 2024) – Christopher Ailman, chief investment officer of the California State Teachers' Retirement System, announced his retirement at the Teachers' Retirement Board Investment Committee meeting. He will continue to serve as CIO through June 30, 2024, while the board conducts a global search for his successor. Ailman has served as the CalSTRS CIO since October 2000. He is one of the longest-tenured CIOs in the world.


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Last updated

Classification

Agency
CalSTRS
Published
February 27th, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Investors Government agencies Fund managers
Industry sector
5239 Asset Management 9211 Government & Public Administration
Activity scope
Pension fund administration Investment management Shareholder litigation
Geographic scope
California US-CA

Taxonomy

Primary area
Pensions & Retirement
Operational domain
Finance
Topics
Securities Financial Services

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