Word: el-erian
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
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...
...months ago, Harvard’s bid to restore stability to HMC suffered a setback when Meyer’s predecessor Mohamed A. El-Erian announced plans to return to lead a private investment company after a brief 22-month tenure...
...When El-Erian assumed leadership of HMC in 2006, the firm was severely in need of rebuilding following Meyer’s debilitating departure. Despite his short tenure, El-Erian left his mark on the institution, reorganizing HMC’s internal infrastructure and increasing the traditionally aloof company’s ties with the University—changes that remain in place today...
...When El-Erian assumed leadership of HMC in 2006, the firm was severely in need of rebuilding, having lost more than 30 employees when the previous CEO, Jack R. Meyer left to form his own hedge fund with $500 million in seed money from the University...
...Mendillo prepares to take the helm, the framework that El-Erian recreated—a setup that added $5.7 billion to Harvard's endowment in 2007—remains in place...