Word: el
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Dates: during 2000-2009
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...search continues for a permanent replacement to outgoing Harvard Management Company President Mohamed A. El-Erian, the University announced Friday that a temporary head will come from its own ranks...
...El-Erian, who has led HMC for almost two years, said in September that he would step down at the end of this year to co-head his former company, PIMCO. According to University spokesman John D. Longbrake, Kaplan's early start will "ensure a smooth transition while Kaplan completes his teaching responsibilities this semester...
...El-Erian took the helm of HMC after the departure of Jack R. Meyer and more than 30 other HMC employees in late 2005. In fiscal year 2007, El-Erian's only full year as HMC president, Harvard's investments earned returns of 23 percent...
Appointing an interim CEO two months into the search process could be an indication that the search committee–comprised of the twelve members of HMC's Board of Directors–is concerned about finding a full-time replacement before El-Erian departs...
Heavy problems from the flooding remain, though. Water damaged the homes of almost a million people and devastated crops of corn, bananas and beans. Villahermosa resident Jesus Hilario returned home to find his crops completely washed away. "I could be forced to go and work in El Norte," Hilario said, referring to the U.S., where 11 million of his countrymen labor. Getting Hilario to stay and rebuild will prove to be Calderón's greatest test...