The J. Paul Getty Trust announced that it has hired Katharine Krieger to fill its vacant CIO position. Krieger has been the CIO of the Eli and Edythe Broad Foundation and family office since 2017.
As CIO, Krieger will oversee the $8.6 billion endowment’s investments across all activities of the Getty’s operations. Krieger will succeed James Williams, who announced his retirement last fall and had been CIO of the Getty since 2002. Krieger’s appointment is effective April 15.
The J. Paul Getty Trust supports the operations of the Getty Museums and awards grants in support of “research and preservation of the visual arts” across art history, conservation, museum and archival collections, and professional development, according to the Getty website. The trust has awarded $530 million in 9,500 grants since 1984.
“While it is difficult to say goodbye to my friends and colleagues at Broad, it is an honor and privilege to join Getty and help advance its global mission of supporting visual art and cultural heritage,” Krieger said in a press release. “I am committed to building upon the investment office’s strong foundation to secure and strengthen Getty’s financial well-being and ensure its continued impact on the world.”
Before the new role at Getty, she worked at Broad Foundation and family office, which includes the Broad Art Foundation, for 21 years, where she was appointed CIO in 2017.
Previously, Krieger was a consulting associate at Cambridge Associates. She earned a B.A. in economics from Colby College and is a CFA charter holder.
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