Getting to hit the top investment boss in the face with whipped cream pie was part of the holiday charity fundraising effort at the California State Teachers' Retirement System this season.
Actually, it was two pies that hit Christoper Ailman, the $219.6 billion pension fund's chief investment officer, in the face.
"It was a fun fundraising stunt," said Michael Sicilia, a spokesman for the pension plan.
Mr. Ailman put his face in a Christmas holiday cutout on Tuesday at CalSTRS' headquarters in West Sacramento, and his investment staffers got to plaster his face with whipped cream pie in exchange for making a donation to charity. The event raised $335 for the Sacramento food drive.
CalSTRS officials did not release figures to how many of the 100-plus investment staffers went for the chance to give Mr. Ailman some in-your-face sweets.
Additionally, Mr. Sicilia said another part of the holiday spirit at the pension plan was giving Christmas gifts to 100 foster children at the Sacramento Children's Home. He said 90 investment and communications staff employees chose gifts from the foster children's individual wish lists.
