Asset Management Culture
Carlos Rangel Tapped as CIO of W.K. Kellogg Foundation
He replaces Joel Wittenberg, who has retired after 11 years with the organization.
Ahead of an April 1 system overhaul, Steven Herbert has a ‘hundred actions’ he needs to perform.
The asset manager and former consultant is the sixth investment chief to head the fund in about 13 years. He starts Jan. 16.
The stickler for a conventional investing style talks about his start in the business.
Alex Lee, who has been her No. 2, takes over the top finance slot.
Right now, the investment head can’t earn a salary above the governor’s $167,000, half what the chief could make elsewhere.