Position
Chief Investment Officer
Company
California Public Employees’ Retirement System
SacramentoEmployee BenefitsNon ProfitGovernmentHealth CareDescription
California Public Employees’ Retirement System (CalPERS) has hired Stephen Gilmore, who previously held the same role at New Zealand Superannuation Fund, as its new chief investment officer. Gilmore will start in July, according to a statement by CalPERS.
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months