Anne Stausboll, chief executive officer for the California Public Employees Retirement System (Photo: AP)

Anne Stausboll, chief executive officer of the California Public Employees’ Retirement System (CalPERS), has announced that she will retire as the head of the largest public pension fund in the country on June 30, 2016.

Stausboll served as CalPERS’ chief investment operating officer since 2004, during which time she was twice tapped to be interim chief investment officer. She also worked in the pension fund’s legal office for six years as a staff attorney and deputy general counsel.

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