Under the proposals the investment bank could be divided into three parts.
The California Public Employees' Retirement System holds about $2.3 billion Berkshire Hathaway shares.
Bank Chairman Antonio Horta-Osorio is leaving after it was revealed he broke Swiss quarantine protocols.
The lender is reportedly boosting base salaries in wealth management by as much as 20% at the top end.
The company's investment bank head and chief risk officer were among the executives replaced after a trading debacle.
Credit Suisse froze the funds last week after doubts emerged about the valuations of some of the assets.
The company seeks to turn around a unit that has been hit by fund implosions in the wake of the pandemic.
The Swiss lender dismissed a Zurich-based banker who forged documents.
Billionaires will transfer more than $2 trillion within the next two decades.
Credit Suisse froze plans for a Miami wealth management hub meant to attract billions from Latin America's rich.