The foundation hired its first-ever coo to oversee its operations, finances and investment portfolio after its cfo retired at the end of the first quarter.
The institute has promoted its associate director and senior portfolio manager as its next investment head as its cio is retiring to launch an investment advisory firm.
The foundation hired a director of public investments in the third quarter after bringing its investment management and operations in-house earlier this year.
The company has received a letter outlining a non-binding acquisition proposal submitted jointly by Trian Fund Management and General Catalyst Group Management and their respective affiliated funds.