It’s a pattern we’ve seen over and over again. Public pension systems, often pressed by government employee unions, underfund their plans and overpromise their returns.
The university will remove investments in energy companies with high carbon emissions and seek out and support investments in technologies that accelerate the transition to a carbon-free energy future.
The university named its assistant v.p. for finance and controller as interim cfo and senior v.p. for operations as its conducts a national search for the position.