Walden Asset Management and CalSTRs Ask NAM Members Why They Support Main Street Investors Coalition

Walden Asset Management released this statement today: Investors led by Walden Asset Management and the California State Teachers’ Retirement System (CalSTRS) called on 45 companies sitting on the Executive Committee and Board of the National Association of Manufacturers (NAM) to end the trade association’s attacks on shareholders. The investors’ letter asks the companies to distance…

CalSTRS is Lead Investor on Energy Productivity Index for Companies Project – CalSTRS.com

The California State Teachers’ Retirement System today announced its involvement with the Energy Productivity Index for Companies, a new project that will establish the first global energy productivity benchmark for listed industrial companies. The project was officially launched today in New York. The project is a partnership between CalSTRS, ClimateWorks Australia and the US-based ClimateWorks…

CalSTRS Letter to Bank of America on Chairman/CEO Split

September 1, 2015 Mr. Jack O. Bovender, Jr. Lead Director Bank of America Corporation Hearst Tower 214 North Tryon Street, NC-027-18-05 Charlotte, NC 28255 Dear Mr. Bovender, We are writing to you on behalf of the members of the California State Teachers’ Retirement System (CalSTRS) and the California Public Employees’ Retirements System (CalPERS). Together, CalSTRS…

CalSTRS: Best Practices in Board Composition

What makes a good board of directors? It is a question often posed to investors, stakeholders, and sometimes directors themselves. It is also a question not easily answered. Shareholders are not privy to the conversations and debates that occur inside the boardroom. They can only observe the outcomes and decisions made by the collective group…