CalPERS appoints its first CFO

Cheryl Eason was named the first chief financial officer of CalPERS.

The position was created by legislation in October 2011 to oversee the risk management and financial operations of the $245.3 billion California Public Employees' Retirement System, Sacramento, according to a news release.

Ms. Eason was vice president, financial and plan board services, for pension benefit administrator British Columbia Pension Corp.

CalPERS spokesman Brad Pacheco could not be immediately reached for comment.