California Public Employees' Retirement System Senior Leadership Council Memorandum September 18, 2018 To: MARCIE FROST Chief Executive Officer From: SENIOR LEADERSHIP COUNCIL Subject: LETTER OF SUPPORT Dear Marcie, The Senior Leadership Council (SLC) wanted to extend our sincere appreciation and support of you during what has been a trying time for yourself, the leadership team and all CalPERS team members. Rest assured that the SLC has taken your message to heart and we remain focused on the CalPERS mission. We greatly appreciate you coming to our September 6th meeting, as well as addressing the entire enterprise at our CalPERS Live All Team event, speaking candidly and encouraging us to ask questions and share concerns. You asked the team to rise above the divisive personal attacks in the media and arm ourselves with facts to have meaningful conversations with family and friends about the security of the funds and their pensions. It is both refreshing and reassuring to have a CEO who is sensitive to and supportive of those she is charged to lead. You emulate accountability and transparency and model our core values daily. We were very moved by your message at CalPERS Live, as was the room who gave you a standing ovation. We are confident that CalPERS has the right leader at the helm, and are grateful to work in partnership with you for our members and beneficiaries. Please let us know if there is anything more the SLC can do to support you, our Executive Team and the CalPERS Board. Thank you for all you do. Marcie Frost September 18, 2018 Page 2 Sincerely, Your Senior Leadership Council cc: CalPERS Executive Team CalPERS Board Members ____________________________ CARENE CAROLAN, Chair Division Chief, Customer Service and Outreach Division ____________________________ DIRK BENSON, Vice-Chair Division Chief, Technology Infrastructure Services Division ____________________________ KELLI AOKI Interim Chief, Policy Research & Data Analytics ____________________________ FRITZIE ARCHULETA Deputy Chief Actuary, Special Programs ____________________________ JEANETTE BRAZIL Division Chief, Technology Business Management Division ____________________________ TINA CAMPBELL Division Chief, Human Resources Division ____________________________ BELIZ CHAPPUIE Division Chief, Office of Audit Services Marcie Frost September 18, 2018 Page 3 ____________________________ WAYNE DAVIS Division Chief, Office of Public Affairs ____________________________ KATHY DONNESON Division Chief, Health Plan Administration Division ____________________________ RANDALL DZIUBEK Deputy Chief Actuary, Valuation Services ____________________________ CHRISTIAN FARLAND Chief Information Officer, Information Technology Services Branch ____________________________ KELLY FOX Division Chief, Office of Stakeholder Relations ____________________________ FORREST GRIMES Division Chief, Enterprise Risk Management Division ______________________________ JUSTIN HARWELL Division Chief, Information Security Office ____________________________ SABRINA HUTCHINS Division Chief, Enterprise Strategy and Performance Division ____________________________ ROB JARZOMBEK Division Chief, Health Account Management Division Marcie Frost September 18, 2018 Page 4 ____________________________ SHARI LITTLE Division Chief, Health Policy Research Division ____________________________ KIMBERLY A. MALM Division Chief, Operations Support Services Division ____________________________ DONALD R. MARTINEZ Division Chief, Member Account Management Division ____________________________ PATRICIA MCBEATH Deputy General Counsel, Legal Office ____________________________ KAMI NIEBANK Deputy Compliance Officer, Enterprise Compliance Office ___________________________ MICHELE NIX Controller, Financial Reporting and Accounting Services ____________________________ RENEE OSTRANDER Division Chief, Employer Account Management Division ____________________________ ARNITA PAIGE Division Chief, Pension Contracting Management Services & Prefunding Programs Marcie Frost September 18, 2018 Page 5 _____________________________ KAREN PERKINS Principal Advisor to the Board President ____________________________ ANTHONY SUINE Division Chief, Benefit Services Division ____________________________ TIMOTHY TAYLOR Division Chief, Enterprise Solutions Development Division cc: CalPERS Executive Team CalPERS Board Members