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Harvard University endowment chief Stephen Blyth resigns

July 27, 2016 | By Reuters
A student stands in the entranceway of a building at Harvard University in Cambridge

BOSTON (Reuters) – Stephen Blyth, who had been appointed to oversee Harvard University’s $37.6 billion endowment only 18 months ago, has resigned, the Ivy League school said on Wednesday.

Blyth, who took a temporary medical leave in May, is departing for personal reasons, the school said.

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Robert Ettl, chief operating officer at Harvard Management Co, will continue to run the university’s investment arm on an interim basis as the board looks for a permanent successor for Blyth.

(Reporting by Svea Herbst-Bayliss)

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