The California Public Employees’ Retirement System (CalPERS) appointed Kathleen Webb as the pension fund’s chief officer for risk, compliance and ethics.
The newly created position will see Webb responsible for providing an independent assessment of CalPERS financial, compliance, legal, security, operational, reputational, political, and strategic risks. She will report to Russ Fong, acting chief financial officer for CalPERS.
Webb joins CalPERS from the California Correctional Health Care Services (CCHCS), where she served as director of policy and risk management.