UC Execs Demand More Money
According to Nanette Asimov (SF Chronicle), 36 top UC executives are demanding better pensions (and threatening the UC with lawsuits), including a $5 million increase in pension liability and what would effectively be another $51 million in retroactive changes for the UC. The list of executives that signed the demand letter:
UC system’s central offices
Satish Ananthaswamy, CFA senior portfolio manager, Office of the Chief Information Officer
Marie Berggren, chief investment officer
William Coaker Jr., senior managing director of equity investments, Office of the Treasurer
