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The investing veteran has been interim chief since Sally Dungan’s death a year ago.
Craig W. Smith
Craig W. Smith has been tapped as the new chief investment officer of Tufts University, overseeing its $2 billion endowment.
An experienced financial services professional specializing in institutional investing, Smith has been serving as the interim CIO since March 2020 while the school conducted a national search. He replaces Sally Dungan, who died of cancer a year ago.
Smith called the appointment a great honor, noting Dungan’s accomplishments as Tufts’ first CIO and a trailblazer in the field. Leading the endowment since 2002, she nearly tripled its size during her tenure.
Tufts taps interim co-CIO as new investment chief
Print
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.