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

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.

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