Word: hmc
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Zuzic's departure comes less than two months after the March resignation of HMC bond trader Mitch Livstone...
...April 27 memo obtained by The Crimson, HMC chief executive Jane L. Mendillo wrote that Zuzic—who joined HMC in 1999 and headed domestic equities at the company—would leave on May 7 to "pursue an exciting new opportunity that promises to be a great fit with his considerable talents...
...experience at HMC, from the depths of the financial crisis to today, we have benefited from Stan's uniquely logical way of synthesizing information to bring clarity to even the most complicated problems," Mendillo added in the internal e-mail...
...leaves Harvard as Mendillo, who took the reigns of HMC in July 2008, restructures the organization and reshapes its practices. Her focuses have included risk management and allocating larger portions of the endowment to cash, she stated in a speech earlier this year...
Faust’s compensation is also dwarfed by that of several Harvard Management Company employees, of whom the highest paid took home more than $6.3 million in 2008. HMC reported pay data for 2008 yesterday that it had already released, citing a change in IRS rules that required reporting by calendar rather than fiscal year...