Board meeting - July 2024
Unless otherwise specified, meetings will be held at the following location:
Intercontinental The Clement, 750 Cannery Row, Monterey, CA 93940
Public Call LetterAll meeting times are approximate depending upon the end of the previous meeting.
Item 1 - Approval of Agenda
Session: Open | Type: Action | Presenter: Chairperson
Item 01Item 2 - Setting of CEO and CIO Performance Targets for the 2024-25 Performance Year (Gov. Code, sec. 11126(a), (b), (g))
Session: Closed | Type: Action | Presenter: Chairperson
Item 3 - Evaluation of CEO Base Salary Adjustment (Gov. Code, sec. 11126(a), (b), (g)(1))
Session: Closed | Type: Action | Presenter: Chairperson
Item 4 - CIO Onboarding Discussion (Gov. Code, sec. 11126(a), (b), (g)(1))
Session: Closed | Type: Action | Presenter: Chairperson
Item 5 - Chief Executive Officer Report
Session: Open | Type: Information | Presenter: Cassandra Lichnock
Item 05Attachment 01Item 6 - Chief Investment Officer Report
Session: Open | Type: Information | Presenter: Scott Chan
Item 06Attachment 01Presentation 01Item 7 - CalSTRS Annual Business Plan and Investment Annual Business Plan
Session: Open | Type: Information | Presenter: Cassandra Lichnock / Lisa Blatnick / Scott Chan
Item 07Attachment 01Attachment 02Presentation 01Item 8 - CalSTRS FY 24/25 Board and Committee Work Plans
Session: Open | Type: Action | Presenter: Chairperson
Item 08Attachment 01Attachment 02Attachment 03Attachment 04Attachment 05Attachment 06Attachment 07Item 9 - Committee Assignments for FY 2024/25
Session: Open | Type: Consent Action | Presenter: Chairperson
Item 09Attachment 01Item 10 - Contracts Requiring Board Approval
Session: Open | Type: Consent Information | Presenter: Chairperson
Item 10Item 11 - Opportunities for Statements from the Public
Session: Open | Type: Information | Presenter: Chairperson
Item 12 - The Future of Boards: Meeting Governance Challenges
Session: Open | Type: Information | Presenter: Celia Huber, McKinsey & Company
Item 12Attachment 01Attachment 02Presentation 01Item 13 - Geopolitical Risk Discussion
Session: Open | Type: Information | Presenter: Geraldine Jimenez / David Rubenstein, Carlyle / Shari Friedman, Eurasia / Tom Nides, Blackstone
Item 13Attachment 01Attachment 02Attachment 03Item 14 - State of AI and Considerations
Session: Open | Type: Information | Presenter: Eyal Darmon
Item 14Attachment 01Presentation 01Item 15 - Nexus of AI and Innovation in Institutional Investing, Pension Administration, and Financial Services
Session: Open | Type: Information | Presenter: Jennifer Hall, Accenture / Matthew Katz, Blackstone / Randy Swanberg, State Street Bank / David Hefter, Blackrock
Item 15Attachment 01Attachment 02Attachment 03Attachment 04Item 16 - AI at CalSTRS: Current Practices and Our Immediate Horizon
Session: Open | Type: Information | Presenter: CalSTRS Executive Staff / Jennifer Hall, Accenture
Item 16Presentation 01Item 17 - CalSTRS Strategic Plan FY 2025-2028
Session: Open | Type: Information | Presenter: Cassandra Lichnock / Amy McDuffee, Mosaic Governance Advisors
Item 17Attachment 01Attachment 02Attachment 03Presentation 01Item 18 - Annual Board Self-Evaluation
Session: Closed | Type: Information | Presenter: Chairperson/ Amy McDuffee, Mosaic Governance Advisors