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Rules Committee forwards Shruti Gandhi's retirement-board nomination after hearing on divestment plans
Summary
After a 40-minute hearing and public comment, the Rules Committee voted May 10 to send Mayor London Breed's nomination of Shruti Gandhi to the San Francisco retirement board to the full Board as a committee report without recommendation; the nominee pledged to press for transparency and an aggressive divestment timeline for more-liquid holdings.
The Rules Committee on May 10 referred Mayor London Breed's nomination of Shruti Gandhi to the San Francisco retirement board to the full Board of Supervisors as a committee report without recommendation, after a hearing that focused on fossil-fuel divestment and transparency.
Gandhi, introduced by Chair Aaron Peskin, described her background as a venture capital investor and founder of Array Ventures and said she would "be a strong advocate for aggressive divestment" and would push for public goals, transparency, and metrics to track progress. She told the committee she would prioritize creating a clear plan and work to ensure accountability for both staff…
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