Calpers President Voted Out
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Sean Harrigan was ousted from his post as president of the $177 billion California Public Employees' Retirement System. In a 3 to 2 vote in San Francisco, the California state Personnel Board pulled Harrigan from Calpers, where he had served for five years. Elected as Calpers board president in February 2003, Harrigan is a longtime union official and an advocate for corporate governance reform. He persuaded institutional investors to withhold votes for Walt Disney's Michael D. Eisner as board chairman, and he led a drive to withhold votes for Safeway chief executive Steven A. Burd while the union was on strike against the company. Ron Alvarado will succeed Harrigan beginning Jan. 1, a board spokeswoman said.
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By The Sacramento Bee, Calif.  Dec. 9--Controller Steve Westly hasn't always been notable for his aggressiveness in office, but he is ending his tenure with a bang.
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The vote rejecting Gov. Arnold Schwarzeneggerâs proposal was a blow to universal health care coverage in California and possibly to its prospects nationwide.
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BERKELEY, Calif. California refused to run up the score or beg for poll votes. Maybe the Bears should have. Cal was left out of the Bowl Championship Series.
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Henry Bibby was fired Monday as the men&#39;s basketball coach at Southern California. The move came four games into his ninth season, and assistant Jim Saia was appointed the Trojans&#39; interim coach for the rest of the season.
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The ouster of the president of the California Public Employees&#39; Retirement System comes amid a growing backlash against corporate reform, but shareholder advocates expect the move to have little direct effect on the corporate governance movement.
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Cincinnati Reds manager Jerry Narron has been fired and will be replaced on an interim basis by Pete Mackanin, the Major League Baseball club said on Sunday.
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Sir John Bourn, the guardian of the public purse, who was criticised over his expenses bills, to step down.
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Chairman of the board retires and cashes out.
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What happened to Henry Bibby at USC is that, for the first time in his basketball life, he stayed in one place too long. Fired Monday and replaced by assistant Jim Saia for the interim, Bibby
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Jerry McMorris was ousted from the Colorado Rockies&#39; board of directors and management, ending a 12-year relationship between the team and the man who controlled the franchise during its first decade.
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The ousting of fund president Sean Harrigan from Americaâs largest pension fund has been viewed by many as the first Republican victory in a battle to undermine the influence of pension funds like Calpers on corporate governance issues.
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The nation&#39;s largest public pension fund fired its president Wednesday following a tumultuous year in which he became an outspoken advocate for reform in the board rooms of corporate America.
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California's secretary of state, once a rising political star, struggled to fight back tears as he announced his resignation amid investigations into his handling of federal election funds, questionable campaign contributions and bad workplace conduct.
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California Rep. Duncan Hunter is leaving the House after 14 terms to seek the 2008 GOP presidential nomination Ã¢ÂÂ and guess what? A certain Duncan D. Hunter is running succeed him. But in a San Diego district that&#39;s virtually assured of electing the Republican nominee, a bevy of party hopefuls are lining up to block the family&#39;s succession plans in the 52nd District.
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David A. Kessler, a former head of the Food and Drug Administration, has been terminated as dean of the University of California at San Francisco School of Medicine.
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Sean Harrigan, the President of Americaâs biggest pension fund, California Public Employees&#39; Retirement System (CalPERS), has been removed from his post.