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ScholarShare Investment Board

The Seven-Member ScholarShare Investment Board

Bill Lockyer

Bill Lockyer
State Treasurer and Chair


Residence: Hayward, California.
Background: Mr. Lockyer completed his undergraduate study at the University of California, Berkeley, and earned a law degree from McGeorge School of Law in Sacramento while serving in the State Senate. He also holds a teaching credential from California State University, Hayward. As State Treasurer, Mr. Lockyer draws on leadership, management and policymaking skills developed over a public service career spanning more than three decades. Mr. Lockyer served for 25 years in the California Legislature, culminating his Capitol career with a stint as Senate President pro Tempore. He served eight years, from 1999-2006, as California Attorney General and left a lasting legacy. Among his landmark achievements as Attorney General, Mr. Lockyer revolutionized crime fighting in California by creating and maintaining the nation's most sophisticated DNA forensic laboratory, established the Megan's Law website and recovered billions of dollars for defrauded energy ratepayers, consumers and taxpayers.

Ana J. Matosantos

Ana J. Matosantos
Director of Finance


Ms. Matosantos was appointed State Director of Finance in December 2009.
Residence: Sacramento.
Background: Ms. Matosantos earned a Bachelor of Arts degree in political science from Stanford University. Ms. Matosantos has served in the Department of Finance as chief deputy director since 2008. Prior to that, she served as deputy legislative secretary for health and human services and veterans affairs in the Office of the Governor from 2007 to 2008. From 2006 to 2007, Ms. Matosantos served as associate secretary for legislative affairs for the Health and Human Services Agency (HHS) and, from 2004 to 2006, she served as assistant secretary for program and fiscal affairs at HHS. Prior to that, she was a consultant to the Senate Committees on Health and Human Services and Budget and Fiscal Review from 1999 to 2004.

Karen Stapf Walters (no photo available)
Executive Director, State Board of Education

Residence: Sacramento
Background: Ms. Stapf Walters has been appointed education policy advisor to the Governor and executive director of the State Board of Education. She served as interim executive director of the Association of California School Administrators since 2012, assistant executive director of governmental relations since 2003 and was an advocate from 1999 to 2003. Ms. Stapf Walters was director of the Education Seminar Programs for the Institute for Fiduciary Education from 1996 to 1998. She was a California Senate Fellow from 1990 to 1991 and continued to serve as a committee consultant and senior staff from 1991 until 1996. She earned a social studies teaching credential and taught in both middle and high schools in California and Ohio from 1979 to 1990.

Rhonda Johnson

Rhonda Johnson
Senate Rules Committee Appointee


Residence: Hayward, California
Background: Rhonda Johnson has served as Executive Director of Financial Aid at California State University, East Bay since 2002. Her financial aid career began in 1988 when she enrolled at East Bay as an undergraduate student in Liberal Studies. Her passion for assisting students in financing their educations has lead to a twenty-three year career in student financial aid. Financial Aid assists more than forty percent of East Bay students in gaining access to higher education. She has been honored by the City of Hayward for her work in raising community awareness of college funding resources. Prior to her entry into education financing, Ms. Johnson served as a compensation specialist in the private business sector.

Hal Geiogue

Hal Geiogue
Governor Appointee, California Student Aid Commission Representative


Residence: Sacramento
Background: Mr. Geiogue is a member of the Student Aid Commission. He received his Bachelor of Arts degree in Political Science from the University of California, Berkeley and his Master of Arts degree in Government from the California State University, Sacramento. He retired from the California Legislature’s Assembly Education Committee in 2002 where he served for eight years as the Chief Consultant. Previously in 1991 Mr. Geiogue was appointed Assistant State Treasurer by Treasurer Kathleen Brown. Representing the Treasurer, he chaired the California Education Facilities Authority, the California Student Loan Authority, the California Health Facilities Authority, numerous bond committees and was a member of the Public Works Board. Mr. Geiogue also served for fifteen years as Director of Education in the Office of Legislative Analyst where he directed a staff of nonpartisan professionals who were responsible for the program and fiscal review of K 12 education and postsecondary education institutions and programs in California.

Christopher Jennings (no photo available)
Speaker Appointee

Residence: Altadena, California
Background: Mr. Jennings has been active in the student financial aid profession and community since 1986. He has served on committees with the National Association of Financial Aid Administrators and the California Association of School Financial Aid Administrators (CASFAA), and served as the proprietary school representative for CASFAA in 1995. He has also served on committees with EDFund and California Student Aid Commission (CSAC). In his time in financial aid he has worked to help students to find the financial means to attend college at non-profit and for-profit institutions at both the undergraduate and graduate levels. Since 2002, he has been the Director of Financial Aid at the Fashion Institute of Design & Merchandising in Los Angeles.

Governor Appointee - Vacant