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Marlene Timberlake D'Adamo
Chief Diversity, Equity, and Inclusion Officer at CalPERS


Marlene Timberlake D'Adamo was named CalPERS first Chief Diversity, Equity and Inclusion Officer in June 2021.

She works across the organization and the Investment Office to foster a culture of equality, respect and inclusiveness. She partners with the environmental, social, and governance investment team to help identify and analyze emerging DEI issues and opportunities supported by sound investment methodology and academic research that may impact the CalPERS portfolio.

Marlene also guides CalPERS DEI framework, the employee Diversity Advisory Council, and works with the CalPERS Health Program and contracting health plans to survey and measure outcomes and customer satisfaction using race, ethnicity, and gender identity data.

She joined the CalPERS executive team in April 2016 as chief compliance officer, responsible for all aspects of the Enterprise Compliance Division. She has more than 25 years of finance and investment experience and has also provided executive leadership as CalPERS' interim chief financial officer.

Prior to joining CalPERS, Marlene served in other leadership capacities in the finance and compliance field, including managing director, senior vice president, Portfolio & Risk Management at PNC Bank in Philadelphia; chief compliance officer of Glenmede Investment Management; and vice president of the Glenmede Trust Company.

She is a former board member to the Committee of 70 and the Economy League of Greater Philadelphia, both located in Philadelphia.

Marlene holds a bachelor's degree, magna cum laude, from Seton Hall University, and Juris Doctor degree from the Beasley School of Law, Temple University.