Town Square

State Fund names Vernon Steiner new president, CEO

Original post made on May 29, 2014

Vernon Steiner has been named president and chief executive officers of the State Compensation Insurance Fund, an organization with offices at 5880 Owens Drive in Pleasanton that provides California businesses with a stable option for their workers' compensation insurance.

Read the full story here Web Link posted Thursday, May 29, 2014, 7:52 AM


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Posted by member
a resident of Canyon Creek
on May 29, 2014 at 9:14 pm

In view of the recent stories involving public entity leaders and their salaries, is it appropriate that the CEO of a state entity receive 450k plus a retention fee plus a bonus plus civil service benefits? SCIF is funded by policyholder monies less necessary operating expenses. Are the corporate like salaries being paid the CEO, CFO, General Counsel, and other executives appropriate for a civil service organization?