The board of the influential California Public Employees' Retirement System elected Rob Feckner as president of the $182 billion concern, and Robert F. Carlson as vice president. Feckner, a glazing specialist for the Napa Valley Unified School District, was first elected to the CalPers board in 1998, and was re-elected in 2002 by the system's classified school members. He served as board vice president and chairman of the board's Investment Committee for the past two years. The CalPers board president oversees the board's conduct of business, sets meeting schedules and agendas, and represents CalPers to outside parties. Meanwhile, Carlson has served on the CalPers board since 1971. He served as board president from 1976 to 1985, and as vice president from 2000 to 2002. Prior to his retirement in 1985, Carlson served as chief counsel for the California Department of Transportation.

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