Marcie Frost Biography

Marcie Frost is the ninth CEO and second woman to head the pension fund which administers a defined benefit retirement system for more than 1.9 million California public sector workers and their families and purchases health care for more than 1.4 million public sector employees. Marcie oversees a global investment portfolio of more than $350 billion approximately 2800 employees and manages an annual budget of $1.8 billion to administer the system. Since joining CalPERS her focus has been on improving the funded status of the plan member services delivery and enterprise performance management. She has dedicated the majority of her career to public service having spent 30 years as a public servant in Washington State. Marcie's early leadership roles were in human resources with an emphasis on employee benefit programs and information technology. She later was named executive director of the Washington State Department of Retirement Systems where she demonstrated strong leadership and innovation an emphasis on customer satisfaction and team collaboration.

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