Word: putnam
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...George Putnam '49, Harvard treasurer and Walter M. Cabot '55, president of Harvard Management Company, have been named to an independent task force to examine college and university endowment policies...
...turnover has been complete; all of the faces on the team are new to the Harvard financial scene. In chronological order, the additions since former Treasurer George F. Bennett '33 announced his retirement in late 1972 have been: Treasurer George Putnam '49, Walter M. Cabot '54, president of the Harvard Management Company that was formed to take over as portfolio manager from Bennett's company, State Street Management and Research Company; Cabot's 10-person staff of highly-touted investment and economic experts; State Street Trust Company, the University's new custodial banker; and the five firms named this week...
...Putnam and Cabot, the team leaders, have carefully diversified a part of Harvard that five years ago was controlled almost single-handedly by Bennett. He was at once treasurer, endowment manager, financial member of the Corporation, a director for several large companies in which Harvard invests, voter of Harvard's proxies, and chairman of the University Resources Committee...
...Corporation, made up of the five Fellows, President Bok and Treasurer George Putnam '49, theoretically runs the University; it is the nominal owner of all Harvard property and rules on everything from appointments to finance to educational policy. It is the oldest corporation in the country...
...level four-member committee--made up of Bok, Putnam, Francis H. Burr '35, senior fellow of the Corporation, and F. Stanton Deland '36, president of the board of Overseers--will choose Nickerson's successor, probably by late spring...