Chief Executive Officer (CEO) Marcie Frost today announced that CalPERS h as named Marlene Timberlake D'Adamo as its first chief diversity, equity, and inclusion officer (CDEIO), effective immediately. Timberlake D’Adamo has been serving dual roles as chief compliance officer and interim chief diversity, equity, and inclusion officer since June of 2020. “CalPERS has a longstanding commitment to diversity, equity, and inclusion (DEI) and this new position will help us implement a systemwide approach to DEI efforts. We serve a diverse population of members and our workforce and operations should reflect the same,” Frost said.