Tim Dolezal was named chief investment officer of the University of Notre Dame, effective July 1.
Dolezal, a managing director with the university’s investment office, will replace current CIO Mike Donovan, who will retire on June 30, a spokesperson confirmed.
Donovan, a longtime managing director in the investment office, had succeeded CIO Scott Malpass following his retirement in 2020 after 32 years at the helm of the Notre Dame, Ind.-based university’s $18.9 billion endowment pool.
"We are deeply grateful that Mike has humbly served as a leader on our investment team for the past 27 years, including the last four years as our chief investment officer,” said Shannon Cullinan, executive vice president at the university, in a statement. “Mike is a great investor and talented leader who leaves the investment office's team, process, culture and portfolio in excellent shape for Tim Dolezal who will assume the CIO role on July 1. Mike and Tim have worked closely as partners for the past 20 years, so we are very well positioned to continue our strong trajectory in service to Notre Dame's mission."