Columbia Investment Management Company CEO to Retire
Peter Holland, President and Chief Executive Officer of the Columbia Investment Management Company (Columbia IMC), will retire from his position effective September 30, 2020.
“It has been a privilege to steward the financial resources that make it possible for Columbia to expand access to students, recruit extraordinary faculty and broaden the University’s global impact,” said Holland. “Leading the IMC team and serving President Bollinger and our dedicated Trustees has been a unique and enormously rewarding experience.”
Columbia President Lee C. Bollinger has appointed a committee to launch a national search for Holland’s successor. The current chairman of the Investment Management Company, Andrew F. Barth, will serve on that search committee, along with a number of current and previous Trustees of the institution.
“For the past seventeen years, Peter Holland has been integral to the growth of Columbia’s endowment and to securing long-term returns that place Columbia among the top of our peer group,” Barth said. “Peter successfully recruited and developed a talented and experienced team that positions us well for future growth. We are grateful for the leadership he has provided and for all that he has done for the University.”
Holland has been a member of the executive team at the IMC since soon after its formation in 2003, serving as Chief Investment Officer until his appointment to lead the organization as CEO of the IMC in October 2016.
Prior to joining Columbia, Holland was with J.P. Morgan for 15 years, primarily in the U.S. Equities Derivatives Group, serving as co-head of the group from 1998 until joining Columbia.
Columbia Investment Management Company (IMC) is a wholly-owned subsidiary of Columbia University responsible for managing the University’s endowment.