Craig W. Smith was named chief investment officer of Tufts University, confirmed Patrick Collins, a spokesman for the Medford, Mass.-based university.
He replaced Sally Dungan, who died in April 2020. Mr. Smith has served as the university’s interim co-CIO alongisde Paul Mace since March 2020. Mr. Mace will resume his role of investment director focused on our non-marketable investments.
Mr. Smith will lead the university’s investment office and oversee Tufts’ $2 billion endowment. He will report to Executive Vice President Michael W. Howard and the board’s investment committee.
Executive recruiting firm Russell Reynolds Associates assisted in the search for a full-time CIO.