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Your independent source for Harvard news since Harvard finances by John S. As is its practice, Harvard has simultaneously disseminated information on the compensation paid to Jane L. Mendillo, then president and chief executive officer of Harvard Management Company HMC, which is responsible for investing the endowment and to its highest-paid portfolio managers.
The tax filing discloses compensation for other University officials as well, including President Drew Faust.
As noted in Maythe basis for such reporting has changedso the HMC information just released covers calendar year Thus, the newly released HMC compensation figures, reflecting annual incentive pay disbursed once each year, span the second half of fiscal a year when the rate of investment return was The earlier articles linked above provide investment returns by asset class for those reporting periods.
Mendillo, president and CEO: Wiltshire, head of alternative assets: Those variable awards depend on producing investment returns in excess of market benchmarks for the specific category of assets, and sustaining that performance over time: As reported, Mendillo stepped down from HMC at the end of Separately, her compensation for service on the board of directors of Staples, Inc.Harvard Management Company, the manager of Harvard’s $ billion endowment fund, has named Colin Butterfield as its new head of natural resources.
Butterfield has been chosen to lead the fund’s $ billion natural resources portfolio, replacing Alvaro Aguirre-Simunovic who resigned from the position in October after 12 years with the company.
Jane L. Mendillo is an American investor, endowment fund manager, and srmvision.com was the president and chief executive officer of the Harvard Management Company, charged with managing Harvard University's endowment.
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