Jane Mendillo, Paul Gannon to serve five-year terms
Their expertise will be invaluable as we guide the Foundation into its second century serving Greater Boston.
Boston – The Boston Foundation will formally welcome two new members to its Board of Directors at the Board’s quarterly meeting on October 4, 2012. New board members Jane Mendillo and Paul Gannon were named to the Board at its June meeting.
“It’s with great pleasure we welcome Jane Mendillo and Paul Gannon to the Boston Foundation Board of Directors,” said Michael Keating, Esq., who serves as Board Chair. “Jane Mendillo has steered the endowments at Harvard and Wellesley through the most challenging decade in our history. Paul Gannon brings to our Board a deep understanding of the operational and organizational challenges that come with investment management developed in his more than two decades at Baupost. Their expertise will be invaluable as we guide the Foundation into its second century serving Greater Boston.”
About the new members
Jane Mendillo became President and Chief Executive Officer of Harvard Management Company on July 1, 2008. Ms. Mendillo returned to HMC after five years as Chief Investment Officer of Wellesley College where she built the college’s first investment office, restructured its investment portfolio, and led the endowment to substantial growth through a period of rapidly changing market conditions. Prior to that, she spent 15 years at HMC in key positions, including Vice President of External Management, Vice President for Trusts, Vice President for Private Equity and as a member of the Internal Equities management team.
Paul Gannon is a Partner the Chief Operating Officer at The Baupost Group, L.L.C., an investment management firm based in Boston, where he has overseen its broad operational efforts since 1991. He is also a member of Baupost’s Management Committee. Prior to joining Baupost, Paul served as the Chief Financial Officer for the Real Estate Group of Bank of Boston and was the Vice President of Finance for a chain of home centers. Paul earned his CPA designation while working with Ernst and Whinney in Boston and Sydney, Australia.
Photos of both Jane Mendillo and Paul Gannon are attached, and also available upon request.