Stephenson has been part of the CalPERS team since 2010. He’s held a number of positions beginning with the Pension System Resumption Customer Acceptance Testing technical team, as a lead technical engineer for myCalPERS architecture, and as a supervisor over the Application Engineering and Support team. In 2017, he moved from the Enterprise Solutions Development Division to become the chief of Data Center Systems Management within the Technology Infrastructure Services Division; and, two years later, promoted to Data Center chief. During that time, Stephenson was responsible for planning, organizing, and directing the most critical and highly sensitive Data Center operations and interdepartmental infrastructure projects. In 2021 he became the chief technology officer leading the Customer Technologies Support team, Data Center, and part of the Information Technology Services Branch leadership team. He also took on additional responsibility as the interim CIO before being named permanently to the position.
Prior to joining state service, for more than 10 years Stephenson worked for a multi-national consulting firm with employees around the world. He handled multiple customers, predominantly in the North American financial services industry, managing production operations and application development for many applications using the onsite offshore model. He’s played many roles, including application development and maintenance, project management, and operations support.
Stephenson graduated from the University of Madras, India, with a Bachelor of Engineering in mechanical engineering. He went on to earn a Master of Business Administration with a specialization in information technology management and finance (minor) at the National Institute of Technology, Trichy, India.
Stephenson is an active leader in many civic organizations. He’s the immediate past president of the Asian Pacific State Employees Association and also a board member of the Asian Pacific Islander American Public Affairs Greater Sacramento chapter.

Douglas Hoffner was named chief operating officer in October, 2019. He formulates and assists in the development of organization-wide program objectives, goals, and policies. Doug oversees several key enterprise functions including business and strategic planning, research and data analytics for retirement issues, human resources, information technology, and operational and facilities management.
He previously served in other leadership roles at CalPERS, including deputy executive officer for Operations & Technology 2012-19, and interim chief executive officer.
Doug joined the CalPERS executive team after serving as undersecretary of the California Labor and Workforce Development Agency, where he served for a time as acting secretary. The Agency oversees seven state departments and boards that provide services to California businesses and workers, including unemployment and workers' compensation benefits, workforce development, labor law enforcement, and economic development.
Prior to his leadership on labor and workforce development, Doug was deputy cabinet secretary to Gov. Arnold Schwarzenegger, and assistant director for legislation at the California Department of General Services. He also served as legislative director for California Assemblyman Fred Aguiar.
Doug is a graduate of California State University, Chico, with a degree in political science.

Ashish Jain is the chief technology officer of the California State Teachers’ Retirement System, the largest educator-only pension fund in the world​​​​​. CalSTRS administers a hybrid retirement system, consisting of a traditional defined benefit, cash balance and defined contribution plans, as well as disability and survivor benefits. CalSTRS serves more than 949,000 members and benefit recipients. CalSTRS administers retirement benefits for California’s public-school educators in grades kindergarten through community college.
As CTO, Jain is responsible for the vision, strategic direction, policy development and management of the Technology Services Branch. The branch divisions include: Enterprise IT Governance, Enterprise IT Solutions & Innovation, IT Infrastructure & Operations, Project Management Program and Pension Solution—one of CalSTRS’ enterprise transforming projects.
Prior to joining CalSTRS, Jain served as the deputy chief information officer at California Correctional Health Care Services, which provides health care services to around 130,000 inmates throughout California’s 35 correctional institutions. Jain was responsible for the enterprise health care systems architecture; clinical application development, implementation, and operations; IT governance, policy management, and enterprise-wide strategic IT planning.
Jain has almost 25 years of experience in senior Information Technology leadership positions in both the private and public sectors. In his more than 15 years serving the State of California, he has held technical leadership positions with various state agencies including the California Public Employees’ Retirement System and the Department of General Services.
Educated in India, Jain holds a Bachelor of Science in physics, chemistry and mathematics from Agra University and a Master of Science in computer applications from the Institute of Basic Science.

Lisa Blatnick is the chief operating officer at CalSTRS, the largest educator-only pension fund in the world.
As COO, Blatnick oversees Audit Services, Enterprise Strategy Management, Administrative Services, Benefits and Services, Public Affairs, Technology Services and the Ombuds office.
Blatnick served from August 2015 until August 2021 as chief of administrative services, leading human resources, procurement, facilities management, business continuity and sustainability. During that time, she held an instrumental role in numerous high-profile projects, including the expansion of the headquarters office in West Sacramento and management of internal resources that support an investment strategy known as the “Collaborative Model,” which brings more assets internally to reduce costs.
Blatnick, who has nearly 28 years of experience working for the state of California, joined CalSTRS in September 2003 as a facilities coordinator.
In 2006, Blatnick was appointed the business lead for the development of building requirements and construction oversight for the CalSTRS headquarters building in West Sacramento. She was promoted to director of facilities management and planning in 2007. In an extension of her role as director, her responsibilities included organization-wide oversight of all procurement and contracting.
Prior to joining CalSTRS, Blatnick worked at the Legislative Counsel Bureau and the Office of Criminal Justice Planning in human resources and facilities-management-related positions.
Blatnick is a native of Sacramento and holds certificates in human resource management and labor-management relations from the University of California, Davis.