Michigan State University selects its first CIO

Philip Zecher was named the first chief investment officer at Michigan State University, East Lansing, spokesman Jason Cody said in an e-mail.

Mr. Zecher will oversee all of the university's investments, including its $2.2 billion endowment. He will report to Lou Anna K. Simon, university president.

The CIO responsibilities were previously handled by the investment advisory subcommittee; Mark P. Haas, vice president for finance and treasurer; and investment consultant Cambridge Associates.

Previously, Mr. Zecher was a member of MSU's investment advisory committee and the MSU Foundation board of directors. He has also served as senior adviser to the president for investments and as a finance professor in the university's business college. Mr. Zecher has also held roles at Deloitte Consulting and Investor Analytics, a risk assessment firm he co-founded and eventually sold.