Robin Madsen has worked at CalSTRS since 2009, heading projects to streamline data use across the department. Madsen led the migration from digital spreadsheets to financial planning and analysis software, streamlining business processes and allowing for implementation of several government accounting regulations.
Madsen managed a workforce in charge of budgets, accounting, compliance and legislative analysis.
“She carried on all of this responsibility while helping usher CalSTRS into the modern era with the integration of a state-of-the-art financial system,” CalSTRS Chief Executive Officer Jack Ehnes wrote of Madsen in a press release.
CalSTRS was established in 1913 to provide retirement benefits to California’s public school teachers from pre-K through community college. It is the largest educator-only pension fund in the world, and the second-largest pension fund in the U.S. The market value of the CalSTRS investment portfolio was about $231.6 billion as of Jan. 31, 2018.
