Pension Funds

Sacramento County Employees names new CEO

Eric Stern was named CEO of the Sacramento County (Calif.) Employees' Retirement System, said Rick Fowler, chairman of the $8 billion retirement system's board of trustees.

Mr. Stern, who starts in early December, replaces Richard Stensrud, who left to become executive director of the $13.2 billion Ohio School Employees Retirement System, Columbus, in May.

Annette St. Urbain, former CEO of the $2.4 billion San Joaquin County (Calif.) Employees' Retirement Association, had been interim CEO.

Currently, Mr. Stern leads the program on retirement and health benefits at the California Department of Finance.

Mr. Stern could immediately be reached for additional information.