Word: mendillo
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...head of external management, CEO, and real estate team to fill a “critical and strategic role” for the company “in light of the current global credit and real estate market environment,” according to a University statement. Jane L. Mendillo, President and CEO of HMC since last July, praised Cummings’ “depth of national and global experience,” “sharp eye for anticipating market trends,” and “outstanding ability for developing innovative investment strategies...
...billion last June, was reported to have lost over $8 billion—or roughly 22 percent—by the end of October. But other market indices posted even worse returns, with the S&P 500 falling 24.6 percent in the same period. HMC chief executive Jane L. Mendillo wrote in a statement that an analysis conducted by the firm’s management team to evaluate the size and structure of the company in light of current market conditions had concluded that “the time was right for a significant rebalancing of our staff...
...return to the California-based Pacific Investment Management Company, where he previously served as a managing director. He was replaced by Robert S. Kaplan, a management professor at Harvard Business School, who served as the interim head for the remainder of the fiscal year without paid compensation. Jane L. Mendillo, a veteran HMC employee of 15 years who left Harvard in 2002 to manage Wellesley College’s investments, returned in July to become HMC’s new chief...
Harvard’s solid investment returns come at a time of leadership transition for the management company, which has been led by four different chiefs in as many years. Harvard’s investment company returned to permanent leadership July 1 with new chief executive Jane L. Mendillo, who worked at Harvard for 15 years before managing Wellesley College’s investments from 2002 to 2008. Before that, it spent much of the past year with interim leadership after its former chief, Mohamed A. El-Erian, announced last September that he would return to a high-ranking executive...
While HMC returned to permanent leadership Tuesday with new CEO Jane L. Mendillo, who worked at HMC for 15 years before managing Wellesley College's investments from 2002 to 2008, it spent much of the past year with interim leadership after its former leader, Mohamed A. El-Erian, announced last September that he would return to a high-ranking executive position at Pacific Investment Management Company, a bond-specialist based in Los Angeles...