CalSTRS said today that it's voting its News Corp. shares against Rupert Murdoch's re-election to the media company's board of directors.
Spokesman Ricardo Duran said the California State Teachers' Retirement System voted against Murdoch and all other nominees to News Corp. board.
The state's other big public pension fund, CalPERS, revealed last week that it voted against Murdoch, his two sons and two other nominees to the News Corp. board. CalPERS said it was protesting a two-tier stock structure that entrenches the Murdoch family's control of the company.
CalSTRS cited the two-tier stock structure and other issues. While the pension fund didn't specifically mention the company's hacking scandal earlier this year, Duran said the case "has underscored the need for higher ethical and governance standards."
Votes will be tallied at the company's annual shareholder meeting Friday.