Top 30 Corporate Chief Investment Officers
In the U.S., corporate pension plans collectively manage more than $1.6 trillion in assets, as of 2016. With the prospect of low interest rate and rising liabilities, pension funds face a challenging time balancing between return generation and risk control. This list features 30 chief investment officers at the some of the largest corporations in America who blueprint investment strategies for multi-billion-dollar portfolios. Presenting the Top 30 Corporate Chief Investment Officers:
Jeffrey Galik is the vice president and treasurer of Bristol-Myers Squibb. He leads the company’s treasury activities, including capital markets, foreign exchange and pension investments. Galik first joined Bristol-Myers Squibb in 1988 as senior treasury analyst. He rose up the ranks within the company's finance function and was appointed vice president and treasury in 2008. Galik received his MBA in finance from Columbia University and a BBA in economics from James Madison University.
Dhivya Suryadevara is CEO and chief investment officer of GM Asset Management. Her responsibilities include capital planning, capital market activities, worldwide banking and overall strategy and management of GM's pension plans. She was previously managing director of investment strategy and fixed income for GM Asset Management. Suryadevara has previously held positions in the GM Treasurer’s office and outside GM at UBS Investment Bank and PricewaterhouseCoopers. Suryadevara holds an MBA from Harvard University and a master’s and bachelor’s degree in commerce from the University of Madras in India.
Jeanmarie Grisi is chief investment officer of pension investments at Nokia (formerly Alcatel-Lucent) managing more than $37 billion in assets. Previously Grisi was a director in various roles before being named CIO and was Treasurer at the Carnegie Corporation of New York. Grisi holds a B.S. in accounting from St. John's University.
Charles Van Vleet is assistant treasurer and chief investment officer at Textron, where he oversees the company's $8 billion U.S. defined benefit and 401(k) portfolio. Prior to this, he was director of pension investments at UTC, and had a 25-year career in banking and asset management spanning London, New York and Tokyo.
Ron Barin is the chief investment officer of Alcoa's pension plan. He has more than 20 years of experience in corporate pensions. Before joining Alcoa in 2008, he was a senior director of pension investments at Pfizer. Baron graduated from New York University - Leonard N. Stern School of Business.
Lawrence Goldsmith is the vice president of pension and investments at The Walt Disney Company, which has $19 billion in assets under management across its defined benefit and defined contribution plans. Prior to his position at Disney, Goldsmith was the chairman and founder of the Recording Arts Foundation, partner/portfolio manager at Perella Weinberg Partners and managing director at the University of Texas Investment Management Company. Goldsmith holds a B.S. in finance and economics and an MBA in finance and management from the University of Pennsylvania - The Wharton School.
Brady Connor is the vice president and chief investment officer at Verizon. He was previously the plan's chief operating officer and has been with Verizon since 1996 in a variety of executive leadership positions. Connor has a B.A. in finance from New Mexico State University and an MBA from Oklahoma State University.
Andy Ward is the chief investment officer at The Boeing Company. Ward began his career as an associate at Kearney Inc. He later joined Aon Advisors Inc. as a vice president to manage the corporation's insurance subsidiaries' underwriting assets, and joined Boeing in 2002 as director of alternative investments. He was promoted to managing director in 2005 and CIO in 2010. Ward graduated with honors from the University of Chicago.
Douglas Brown has been senior vice president and the chief investment officer of Exelon Corporation since 2009. He leads a team of professionals responsible for managing all investment activities including pension funds, nuclear decommissioning trusts, defined contribution plans and other employee benefit trusts totaling $40 billion. Previously, he was chief investment officer at Chrysler Group LLC. He is also a member of Exelon’s corporate investment committee, risk management committee and is a member of the Exelon Foundation Board of Directors. Brown holds an MBA from University of Detroit Mercy and a B.S. in economics and finance from Albion College.
Carol McFate has been chief investment officer at Xerox since 2006, where she manages over $12 billion in defined benefit and defined contribution investment assets for North America and the U.K. Previously, she was executive vice president & global treasurer a both XL Capital and AIG, Inc. McFate holds an MBA in finance and general management from Harvard Business School and a B.S. in economics and mathematics from Juniata College. She also holds a Chartered Financial Analyst designation.
Erin Rohde is chief investment officer at Ford Motor Company. Previously, she was was manager of securitization operations and quality assurance. Rohde has been at Ford since 2000, leading foreign exchange and derivatives trading and working as a fixed-income trader. Rohde holds a bachelor’s and master’s degree in finance from the University of Michigan’s Stephen M. Ross School of Business.
Robert Hunkeler is vice president of investments at International Paper, where he directs a six-person team to manage more than $16 billion in pension, savings and other assets. Previously, Hunkeler was associate director of funds management and financing at Novartis. Hunkeler holds a B.S. in chemistry and an MBA from the University of Maryland.
Dennis Duerst has been president at 3M Investment Management Corporation since 2003. He is reponsible for overseeing $30 billion in retirement asset, partuclarly $20 billion in defined benefit assets across four countries and $10 billion in defined contribution. Duerst holds an MBA in finance from the University of Minnesota and a BBA in finance from the University of Wisconsin. He also holds a Chartered Financial Analyst designation.
Harshal Chaudhari is managing director and chief investment officer at IBM, where he manages investment activities for pension and saving assets of $150 billion. Previously, he held positons as chief financial officer, head of capital markets and corporate finance and senior managing consultant at IBM. Prior to his 14-year career span at IBM, he was a consultant at PwC. Chaudhari holds an MBA from the University of Chicago Booth School of Business and a bachelor's degree in engineering from the University of Mumbai.
Jessica Wang is the vice president of finance and chief investment officer at NextEra Energy, Inc. Her responsibilities include leading the company's various trust fund investments including nuclear decommisioning, 401(k) and pension. Previously, she held other positions within the corporation including vice president of finance & risk management, executive direector of asset trading & operations, director of full requirements and quantitative analyst. Wang holds a B.S. in biology from Cornell University.
Sanjay Chawla is vice president and chief investment officer at Raytheon Pension Investments. Previously, he was pension investments director there and CIO at the Dow Chemical Company. Chawla holds an MBA in finance and marketing from the Virginia Polytechnic Institute and a bachelor's in business from Shri Ram College of Commerce.
Mehmet Fahri Muftuoglu is vice president and treasurer at ConocoPhillips, where he is in charge of leading corporate finance, cash management & banking, credit, insurance and trust investments globally. Previously, he held positions within the corporation both as assistant treasurer and European treasury manager. Muftuoglu holds an MBA in finance and strategy from the Wharton School at the University of Pennsylvania and a bachelor's degree in business administration, management and operations from Middle East Technical University.
Christopher Li is president at Lockheed Martin Investment Management Company where he has built and leads 45 investment professionals to manage $70 billion in assets. Previously, Li was president of Diamond Capital Management Co. and portfolio manager at Caxton Associates. Li holds an MBA in finance from Stanford University and a master's degree in statistics from the University of Hong Kong. He also holds a Chartered Financial Analyst designation.
David Meade is vice president of pension investments at Emerson Electric Company. Previously, he was general manager of pension investments and an investment manager at Shell Oil Company. Meade holds a bachelor's degree in finance from the University of Texas at Austin. He also holds a Chartered Financial Analyst designation.
Marie Pillai has been vice president and chief investment officer at General Mills since January 2009. She oversees the management of a $9 billion portfolio including pension, 401(k), health care and General Mills Foundation assets. Prior to joining General Mills, Pillai served as CIO for Siemens’ U.S. businesses, overseeing all aspects of their pension and 401(k) portfolios. She began her financial career at Procter & Gamble, where she progressed through a wide range of financial leadership roles during her 16-year tenure, including category management, international operations, systems, brands, manufacturing and treasury. Pillai is a member of CIEBA (a professional group of Corporate Retirement plan sponsors); a director on the Board of Catholic Charities of St. Paul and Minneapolis where she chairs their Investment Committee; a director on the Board of the Catholic Community Foundation of St. Paul and Minneapolis and is a member of their Investment Committee; and a member of the Investment Advisory Board of the University of Minnesota. Pillai holds a B.A. from St. Xavier's College, an M.A. in economics from Temple University and an MBA from Case Western Reserve University.
Brian Pellegrino is the chief investment officer of UPS Group Trust, an asset management arm of UPS, since 2005. He actively manages a portfolio of over $30 billion. During his 18 years at UPS, Pellegrino had held financial management roles at various levels. Pellegrino is a CPA and CFA. He holds an MBA from Rutgers University.
Jeff Lewis is staff director of retirement services at FedEx Corporation. He oversees all investment managers for the corporation's defined benefit and defined contribution plans. Previously, Lewis served as marketing director at Bolton Investment Group and vice president at Goldman Sachs & Co. Lewis holds a B.A. in economics and history from Dartmouth College and an MBA from University of North Carolina at Chapel Hill.
Canyon Chan is chief investment officer at HP, where he manages the company's pension and global pooled fund. Previously, Chan was director of investments and senior portfolio strategist at the firm and held various senior investment positions at Franklin Templeton Investments. Chan holds a B.A. in quantitative economics from Stanford University, is a Chartered Financial Analyst and holds his series 3, 24 and 7 licenses.
Mark McDonough has served as vice president and treasurer at Merck & Co. since 2007. McDonough has held various finance roles at Merck since joining the company in 1990. He holds an M.S. in management from the Massachusetts Institute of Technology and a B.S. in computer science from Lehigh University.
Since January 2005, Susan Ridlen has served as assistant treasurer and chief investment officer at Eli Lilly and Company. Previously, Ridlen worked in financial management for Eli Lilly beginning in 1991 and was a senior auditor at Arthur Anderson prior to that. Ridlen holds a B.S. in accounting and an MBA from the University of Illinois at Urbana-Champaign.
Jonathan Glidden is the managing director of pensions at Delta Air Lines, which has $10.3 billion in assets under management. Previously, Glidden was the director of portfolio construction and manager research at Wilmington Trust and a director of investment analysis at Emory University Endowment. Glidden holds a B.S. in mechanical engineering from Georgia Institute of Technology, an MBA from Emory University and an M.S. in financial mathematics from the University of Chicago.
Daniel O'Grady is the executive director of investments at AT&T, where he oversees the investment strategy, external managers selection and risk assessments for the $35 billion portion of the $100 billion portfolio. He has held various investment management roles at AT&T for 18 years. O'Grady received an MBA from DePaul University, a master's degree from the University of Missouri-Columbia and a bachelor's degree from the University of Notre Dame.
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