Brian H. Pellegrino was named chief investment officer of the $1.6 billion Georgia Tech Foundation. Pellegrino will replace Jim Taylor, who retired from the chief investment officer position in June.

Jonathan Karcsh served as interim chief investment officer and will return to his position as investment director when Pellegrino starts in 2018.

Pellegrino is the chief investment officer of the $35 billion pension portfolio at United Parcel Services. He was named on Trusted Insight's 2017 list of Top 30 Corporate Chief Investment Officers. Read an exclusive Trusted Insight interview regarding his 37-year tenure at UPS Group Trust, the asset management arm of United Parcel Services.