Word: hmc
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
Jack R. Meyer, president and CEO of the Harvard Management Company (HMC), will leave his post today, ending his 15-year oversight of a University endowment that has seen record returns under his leadership—but no replacement is waiting in the wings...
While no permanent chief will be in place Monday, “transitional leadership” will direct HMC in the interim, Vice President for Finance Ann E. Berman—who herself will leave her post in the spring—wrote in an e-mail yesterday...
...addition, Berman said the board of directors at HMC will provide “more active oversight” in the firm’s stewardship of the University’s endowment, last reported at $22.6 billion...
...Most day-to-day decisions are normally made by the senior investment professionals of HMC,” Berman wrote...
...There are many senior professional staff who will remain at HMC and ensure knowledge transfer and stability,” Berman wrote...