The Guardian: The firefighter
“Calpers has emerged as corporate America’s self-styled moral compass.”: Shell is on Calpers’ annual “focus list”, which identifies the biggest problem companies.”
David Teather in Sacramento
Saturday September 4, 2004
Sean Harrigan has made some powerful enemies. As president of Calpers, the largest public pension fund in the United States, he has become a thorn in the side of corporate America, taking on some of its best-known and biggest egos.
Earlier this year the fund locked horns with Michael Eisner, the beleaguered boss of Walt Disney, leading the call for his resignation. Calpers also played a pivotal role in the ousting of former New York Stock Exchange chief Dick Grasso as he became embroiled in a bitter dispute over his eye-popping salary.