CalSTRS has hired executive recruitment firm Egon Zehnder to lead the search for its next CEO, said Thomas Lawrence, spokesman for the $257.9 billion pension plan.
The selection was made following a competitive search process for an executive recruitment firm launched in August.
Jack Ehnes, CEO of the California State Teachers' Retirement System, West Sacramento, will retire June 30. Mr. Ehnes was originally scheduled to retire earlier, but he delayed his retirement to maintain focus on the pension fund's response to the coronavirus crisis.
Mr. Ehnes originally had announced at the board's March 5 meeting that he planned to retire Sept. 1.