The California State Teachers' Retirement System : Franchise Herald

The California State Teachers' Retirement System

The California State Teachers' Retirement System

Two Large Pension Funds Oppose Bank of America's Joint CEO-Chairman Role

The California Public Employees' Retirement System (Calpers) and the California State Teachers' Retirement System (Calstrs) have opposed Bank of America’s amendment of the company’s bylaws that would allow Brian Moynihan to continue as the bank’s chairman and CEO, according to a report from Reuters.

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