The California Public Employees' Retirement System (CalPERS) has selected Marlene Timberlake D'Adamo as chief compliance officer, effective on April 11.

In her new position, Timberlake D'Adamo is responsible for all aspects of the enterprise compliance program, including full responsibility for administering a comprehensive compliance monitoring and oversight program in relation to legislative and regulatory requirements and industry guidelines. As CCO, Timberlake D'Adamo will provide oversight and guidance on compliance issues within the various program areas of the organization, advising the Board of Administration, executive and senior management staff on complex issues under the general direction of Chief Financial Officer Cheryl Eason.

Timberlake D'Adamo recently held the position of managing sirector, senior vice president, portfolio and risk management at PNC Bank.