Sean Harrigan, president of the California Public Employees Retirement System, whose activist tenure included calling for the ouster of such corporate heads as Michael Eisner at Walt Disney Co. and Safeway chairman Steven Burd, was ousted from his post at the $177 billion fund.
The California Personnel Board voted 3 to 2 to replace Harrigan with Ron Alvarado, who will serve a one-year term beginning Jan. 1.
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