CalSTRS board is putting its search for a new CEO on the fast track. Current CEO James D. Mosman, who plans to leave the $105 billion California State Teachers’ Retirement System, Sacramento, by the end of the year, will select an executive search firm by July 30. Interviews with finalists for the post are planned for the system’s November or December board meeting. Mr. Mosman is leaving to become executive director of the National Council on Teacher Retirement.
Separately, the CalSTRS investment committee last week agreed to seek developers to help invest $150 million in California urban affordable housing. The pension fund plans to issue an RFI by Aug. 1, with responses due by Sept. 15.
