Kathleen Browne has been hired as CIO of Denison University in Granville, Ohio, to manage the liberal arts school’s nearly $800 million endowment.
Browne currently serves as managing director of the endowment at Wellesley, Mass.-based Wellesley College, a role she has held since 2009. Prior to this, she was the director of alternative assets for the Alcatel-Lucent Inc. corporate pension plan. Browne is also a member of the investment committees for The Foundation for MetroWest and The Boston Arts Academy, according to a Denison University news release.
“Kathleen’s experience is essential to bring elements of Denison’s strategic plan to fruition,” said Jim Glerum, a member of the Denison Board of Trustees, the Class of 1982, and chairman of regional banking for North America at Citi. “Financial resources are a critical pillar of support for our goals of establishing the gold standard for college career centers, sustaining our faculty in their work of teaching and mentoring, and expanding and globalizing the curriculum.”
Added Browne: “I am happy to join in the excellent work that Denison is doing in educating its students and the thought leadership it is providing in many areas of the liberal arts. This will be challenging and energizing work with a group of stellar colleagues.”
Browne replaces Adele Gorrilla, who left the position at the end of 2016.