David Gilmore will join The Harry and Jeanette Weinberg Foundation Inc., Owings Mills, Md., as managing director of investments, said Jonathan Hook, chief investment officer.
It is a newly created position. He will join the $2 billion foundation on Aug. 4. Mr. Gilmore is currently interim chief investment officer at Ohio State University, where he oversees $3.4 billion in long-term investments, including $2.3 billion in endowment assets for the Columbus-based university.
Mr. Hook had been the university's CIO until he left to become the Weinberg Foundation's first CIO on May 27.
Mr. Hook said in a telephone interview that Mr. Gilmore will be the second of an anticipated three-person team for the foundation, which previously did not have any internal investment personnel. He said they will probably look to add an analyst to the team in the near future.
Ohio State spokeswoman Elizabeth Cook said Mr. Gilmore plans to leave the university at the end of June. Upon his departure, Michael Papadakis, the university's vice president of financial services and treasurer, will take on the role of interim CIO while a search for a permanent replacement for Mr. Hook continues.
