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CalPERS gets new CEO

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CalPERS gets new CEO

CaliforniaPublic Employees' Retirement System has named Marcie Frost CEO.

Frost will assume her new role Oct. 3. Frost succeedsAnne Stausboll, whoretired at the end of June. DougHoffner will serve as interim CEO.

Most recently, Frost served as the director of theWashington State Department of Retirement Systems.