Joseph Bohrer was named investment director of the $1.4 billion Alfred P. Sloan Foundation, New York, a new position. He was managing director and director of JPMorgan Chase's Japanese institutional business and president of Morgan Trust bank in Tokyo. Mr. Bohrer, who worked in various positions at JPMorgan Fleming Asset Management for just less than two decades, resigned from the firm about a year ago, after a company reorganization. "I took some time off to spend with my family and pursue some personal interests, but then it was time to start making money again," said Mr. Bohrer. He will report to William B. Petersen, CIO, and will assist in overseeing manager selection, setting asset allocation, and portfolio construction. Mr. Bohrer said he does not expect to make any immediate changes to the fund.