Jeremy Crigler was named chief investment officer of Tulane University, New Orleans, confirmed Michael Strecker, director of public relations. Mr. Criglers primary responsibility will be managing the schools $1 billion endowment. He replaces Brent Andrus, who left the university to go into the private sector, Mr. Strecker said; further information could not be obtained by press time. Mr. Crigler was senior investment officer at Cornell University, Ithaca, N.Y, where he was part of a team responsible for investment policies and performance of the universitys $6 billion endowment. A Cornell spokesman said Mr. Crigler has not been replaced.
Tulane University appoints chief investment officer
Piet Roelandt, CIO of portfolio management at PGGM, is leaving May 1. A replacement has not been named. PGGM is administrator and asset manager of the €88 billion ($129 billion) Pensioenfonds Zorg en Welzijn (formerly Stichting Pensioenfonds PGGM), Zeist, Netherlands, according to a news release. Having spent eight very enjoyable years working for PGGM, its now time for new challenges, Mr. Roelandt said in a news release. The first of these will be a personal challenge as Im planning to cycle right across America. Then I hope to return quickly to a new job in the financial markets. Neither Mr. Roelandt nor PGGM spokeswoman Ellen Habermehl could be reached by press time for further information.
Sheryl M. Ranatza was elected board chairwoman of the $9 billion Louisiana State Employees Retirement System, Baton Rouge, confirmed spokesman Byron Henderson. The board selects a new chair every January. Ms. Ranatza replaces Kathy Singleton, whose term expired. Ms. Ranatza, who is deputy secretary of the Louisiana Department of Public Safety and Corrections, is an active member trustee.
John H. Grady, president and CEO of Nationwide Funds Group, left the company Jan. 31. In a telephone interview, Mr. Grady said he is departing for personal reasons, with no specific plans on which opportunities in the money management industry hell pursue. He said S. Timothy Grugeon, an executive vice president at Nationwide Funds, will serve as interim CEO while the firm searches for a replacement. Nationwide spokes¬woman Erica Lewis couldnt immediately be reached for further comment.
David J. Gutschenritter was named treasurer of State Street Corp., said spokeswoman Carolyn Cichon. Mr. Gutschenritter, an executive vice president and head of the treasury department, assumes that title from Edward J. Resch, who will remain State Streets chief financial officer. Mr. Gutschenritter will retain his current responsibilities and continue to report to Mr. Resch.
Peter J. Smail will retire as president of Pyramis Global Advisors, Fidelity Investments institutional investment management business, at the end of March. In a news release announcing Mr. Smails retirement, Fidelity President Rodger A. Lawson said the company will conduct a comprehensive search for a successor. Mr. Smail will stay on as a consultant to Pyramis. Mr. Smail wasnt immediately available for comment.