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Article: Harvard's endowment chief stepping down Harvard endowment chief leaving after less than two years El-Erian returning to investment firm after less than two years
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- September 12, 2007
- Author:
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Copyright informationCopyright 2007 The Boston Globe. (Hide copyright information)
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The president of Harvard Management Co., who came to Boston less
than two years ago to take over the world's largest university
endowment, will leave the job unexpectedly and return to the
investment firm where he formerly worked.
Mohamed El-Erian, 49, said family considerations prompted his
planned return to California at the end of the year, but he also
landed a big promotion at his old firm. El-Erian will become cochief
executive officer and cochief investment officer at Pacific
Investment Management Co., commonly known as Pimco.
"In returning to Southern California to be closer to our family, I
will miss my daily interactions with this special Harvard community,"
El-Erian said.
The news ...
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