The Harvard Management Company (HMC) board of directors announced today that Jane Mendillo will become HMC’s president and chief executive officer, effective July 1. Mendillo has served as chief investment officer of Wellesley College since 2002. Previously she spent nearly 15 years at HMC, serving as vice president of external investments from 1997 to 2002; in that post she oversaw a portfolio that grew to $7 billion—then roughly a third of HMC's managed assets.
“Jane Mendillo has an excellent record as one of the most able and accomplished investment managers in the endowment world, as well as an extensive knowledge of the Harvard endowment and a deep commitment to higher education,” said James F. Rothenberg, treasurer of Harvard University and chair of the HMC board of directors. “All of us on the HMC board are pleased to welcome Jane back to Harvard, and we look forward to working closely with her and her outstanding colleagues in the years to come.” Read more here.