Amy Falls was named chief investment officer and vice president for investment at The Rockefeller University, New York, confirmed Joseph Bonner, a spokesman for the university.
Ms. Falls, will oversee the university’s office of investments and manage the university’s $1.8 billion endowment effective April 4, according to a university news release.
She will replace Lisa Danzig, who will leave the university to “pursue new challenges and new opportunities,” Mr. Bonner said in an interview; he didn’t provide additional information. Ms. Danzig will remain at the university for an unspecified time to assist in the transition, Mr. Bonner said.
Ms. Danzig could not be reached for comment.
Ms. Falls is CIO for Phillips Academy, Andover, Mass., a high school with endowment assets of about $780 million, according to news release from the high school.
Tracy Sweet, director of communications for Phillips Academy, said in an interview that Michael Reist, currently director of investments at Phillips Academy, will be the interim CIO. The timeline for choosing a permanent CIO is uncertain because Phillips Academy is in the process of selecting a search committee, Ms. Sweet said.