(April 9, 2013) – Thomas Mucha—currently the manager of pension investments (worldwide) for Eastman Kodak—will soon be receiving an even more senior title.
Kodak has confirmed that Mucha, a member of aiCIO’s Forty Under Forty, will assume the role of director of pension investments worldwide following the departure of Timothy Barrett to Texas Tech University.
Mucha, a Harvard graduate, formerly worked at Ray Dalio’s Bridgewater Associates in Westport, Connecticut. Regarding the move to Rochester, where Eastman Kodak is based, Mucha told aiCIO in 2012 that it was made for personal reasons. “My wife and I are from upstate New York and we want to raise our family here,” he said at the time. “Also, I wanted to stay in the investment world but not necessarily be of the investment world. I want to focus that love of investing on supporting a worthwhile cause (scholarships, research, pensions) versus collecting maximum fees.”
Barrett’s departure was revealed on Monday. The move to the $1.5 billion Texas Tech endowment puts him in an elite class: Having previously been the CIO of San Bernardino County’s pension, he will have managed a public pension, a corporate pension, and, now, an endowment.
Texas Tech’s Michael Horst, assistant vice chancellor and investments manager, had been serving as interim CIO since the departure of CIO Gary Ratliff in October 2012.
Related article: Kodak CIO Barrett Departing for Texas Tech