Pitt's Next Provost, CIO and Treasurer

Dear University Community: 

Earlier today, during a meeting with the University of Pittsburgh Board of Trustees, I presented three names for election as officers of the University. While it is highly unusual, even during a period of turnover, to have three major positions in the University’s leadership filled at the same meeting, I am very excited at the exceptional quality of these new members, and I know that they will make significant contributions to advancing our mission. 

I would like to take this opportunity to briefly introduce you to each of these new leaders:

Dr. Ann Cudd – Incoming Provost and Senior Vice Chancellor
Our new Provost has deep Pitt roots. She holds a Doctorate in Philosophy and two masters—a Master of Arts in Philosophy and a Master of Arts in Economics—from the University of Pittsburgh. 

Ann has forged an extraordinary career as an academic leader, administrator, researcher and scholar. She comes to us from Boston University (BU), where she currently serves as Dean of the College and Graduate School of Arts and Sciences. As Dean, Ann oversees all strategic decisions related to the college’s academic, financial, and administrative direction and growth. She also facilitates the success of more than 700 full-time faculty members and 17,800 students—including 1,800 graduate students. The College of Arts and Sciences, which is the largest college within Boston University, supports 70 degree-granting programs and maintains an annual operating budget of approximately $123 million.

Prior to joining BU in 2015, Ann served for 25 years at the University of Kansas (KU), where she earned the title of University Distinguished Professor of Philosophy. At KU, she held various positions of increasing responsibility—from Director of Graduate Studies and Director of Women, Gender and Sexuality Studies to Associate Dean for Humanities in the College of Liberal Arts and Sciences. Her most recent position—Vice Provost and Dean of Undergraduate Studies—was an inaugural role for the university and involved oversight of campus programs and offices that supported the institution’s undergraduate body of nearly 19,000 students.

Ann has been an active faculty member in the philosophy departments at both BU and KU and is an accomplished teacher and scholar whose research explores themes of oppression, economic inequality, capitalism and gender. Her philosophical interests—the focus of more than 50 books, articles, and chapters published under her name—span social and political philosophy, philosophy of economics, decision theory and feminist theory.    

As Provost and Senior Vice Chancellor at Pitt, Ann will have primary responsibility for all aspects of Pitt’s academic mission.  Her new duties include supporting scholarly excellence among more than 4,600 full-time faculty members and student success among the University’s nearly 35,000 undergraduate, graduate and professional students on all five Pitt campuses. I am certain that, under Ann’s leadership, Pitt will continue to expand and enhance its remarkable momentum as a leading public university.     

For the Chief Investment Officer and Treasurer positions: A single officer—Amy Marsh, who retired earlier this year—formally filled these positions. However, in alignment with common practice at other universities and reflecting the growing complexity of our endowment management, I decided to split these duties into two separate roles:

Greg Schuler – Incoming Chief Investment Officer
Greg has built an outstanding career in investment and portfolio management in both the private and public sectors. He currently serves as the Chief Investment Officer and Treasurer for BJC HealthCare—one of the largest nonprofit health care organizations in the United States. In this role, he manages activities covering $8 billion in investable assets and is responsible for treasury activities related to debt, derivatives and cash management. Greg earned a Master of Business Administration and a Bachelor of Commerce degree from the University of British Columbia, and he also holds a Chartered Financial Analyst (CFA) designation.

As the Chief Investment Officer at Pitt, Greg will be responsible overseeing the University’s endowment and developing investment guidelines and performance objectives in collaboration with the Board’s investment committee. Greg will also supervise all portfolio construction, manager selection and risk management as well as adherence to investment policies.

Paul Lawrence – Treasurer
Paul has built a distinguished career at the University of Pittsburgh. He has served as Pitt’s managing director of investments since 1999 and as assistant treasurer—a Board-elected position—since 2000. In these roles, Paul provides a broad range of support and leadership to the University’s investment operations, including oversight related to the endowment. Paul earned a Master of Business Administration from Pitt and a Bachelor of Science in Finance from The Pennsylvania State University. He also holds a CFA designation and is a member of the CFA Institute and the CFA Society of Pittsburgh.

In his new role as Treasurer, Paul will oversee the University’s treasury operations as well as the management and investment of cash funds, securities and other assets excluding the endowment. Beyond these responsibilities, Paul will closely manage the University’s working capital with an end goal of serving and supporting the institution’s mission and strategic priorities. 

I am thrilled that Ann and Greg are joining our University community and thankful that Paul will be continuing his career at Pitt.

Sincerely, 

Patrick Gallagher