Barbara Pruitt, (816) 932-1288, email@example.com
McLean brings 12 years of experience managing Kauffman's endowment investments
(KANSAS CITY, Mo.), Dec. 11, 2012 – The Ewing Marion Kauffman Foundation announced today that Mary McLean has been named Chief Investment Officer. McLean will lead the team that oversees the Kauffman Foundation's globally diversified $1.8 billion portfolio. Before being named CIO, she served as the Foundation's managing director of investments.
"Mary has done an outstanding job overseeing the Foundation's portfolio, so electing her to lead the investment team is a natural step for us. We are fortunate to have her combination of investment experience and knowledge of the Foundation's history," said Tom McDonnell, chairman of Kauffman's Board of Trustees and a member of the Foundation's investment committee. McDonnell was just named president and CEO of the Foundation, effective Jan. 1, 2013.
McLean fills the position previously held by Harold Bradley, who retired as CIO in August. McLean first joined the Kauffman Foundation in 1996. She was introduced to endowment investing in the mid-1990s as a senior associate with the Yale University Investments Office. Earlier in her career, she spent several years at Morgan Stanley.
"I feel privileged to take on this leadership role in managing assets for the Foundation," McLean said. "It is inspiring to know that these funds support the advancement of entrepreneurship and improvement of education for children and youth."
McLean earned a bachelor's degree in mathematics at Brown University, a master's of business administration from Yale School of Management, and a doctorate in financial economics from Yale University Graduate School. She is a CFA charter holder.