Anson replaces Daniel M. Szente, who resigned last month afteraccepting a higher-paying position in the private sector. Whilesalary has not been released, Szente earned about $400,000 lastyear, including bonuses.
Anson, who has been with CalPERS for more than two years, beganhis new job this week, after an announcement was made at a CalPERSboard meeting in Sacramento. He originally joined CalPERS as asenior principal investment officer for the retirement system'sdomestic equity program.
CalPERS' $151 billion portfolio invests in stocks, bonds,private equity and real estate. The returns on these investmentspay the pensions of state retirees.
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