CIO Joe Bohrer Resigns

Colleagues:

I am writing to let you know that our chief investment officer, Joseph S. Bohrer, who has been a tremendous asset to the College and to my leadership team, has submitted his resignation, effective June 30.

Joe became Lafayette’s first CIO in 2014. His expertise, professionalism, and steady hand have been instrumental in strengthening our financial position in ways that improve the education we offer today and ensure our continued leadership position moving forward.

Upon his arrival in 2014, Joe established and grew the College’s first comprehensive investment office in New York City. He brought to Lafayette nearly three decades of experience in asset management, first at J.P. Morgan Asset Management (18 years, leaving as managing director), and then at the Sloan Foundation (nine years as investment director). Prior to Joe’s arrival, the endowment had been managed by the Board of Trustees’ Committee on Investments with assistance from two outside consultants.

Joe has been a valued contributor to Cabinet discussions of College finances. I appreciate his willingness to share his expertise widely with the community, and his initiative in establishing internship opportunities in his office that were prized by our students. I am very grateful to Joe for his work over these past six years, and wish him the best of luck with the next chapter of his life. 

Mervin Burton, currently our investment director, will serve as interim CIO. Merv joined the College in 2015 after serving as senior investment manager with the IBM Pension Fund, a principal consultant at PWC, and a financial analyst at Goldman Sachs. He is a chartered financial analyst and holds a B.S. in finance and economics from the Wharton School at the University of Pennsylvania. I look forward to working with Merv in this interim role.

Alison R. Byerly
President