California Financial Code — Financial Institutions — Epartment Of Business Oversight — Deputies And Employees — Appointment of chief deputy; annual salary Date: 14 Sep 2016 TEXT PDF Current through the 2016 Legislative Session The chief deputy shall be appointed by the Governor and hold office at the pleasure of the Governor. The annual salary of the chief deputy shall be fixed by the Governor. Ca. Fin. Code § 350 Amended by Stats 2013 ch 353 (SB 820),s 50, eff. 9/26/2013, op. 7/1/2013. Added by Stats 2011 ch 243 (SB 664),s 2, eff. 1/1/2012.