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CAMBRIDGE, Massachusetts (AP) — The chief of Harvard University's $37 billion endowment is resigning after less than two years at the helm.
Harvard Management Company, the university's investment arm, announced on Wednesday that President and CEO Stephen Blyth will resign immediately for unspecified personal reasons. He started the job in 2015.
Blyth took a medical leave of absence in May. He will remain a professor at Harvard and serve as adviser to the endowment's board.
In a statement, Blyth said it was a privilege to lead the company and that he looks forward to teaching.
Robert Ettl was named interim CEO during Blyth's medical leave and will continue in that role while the board seeks a replacement.
Board Chairman Paul Finnegan said in a statement that he is deeply grateful for Blyth's contributions.
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