September 7, 2017

Dear Grinnellians,

I am writing to let you know that Scott L. Wilson โ€™98, Chief Investment Officer (CIO) of the College, will be leaving his position to become CIO of Washington University in St. Louis. Scott's last day at Grinnell will be Nov. 12, and he will assume his new role Dec. 1.

Scott earned his Bachelor of Arts in Economics and Mathematics at Grinnell, and he attended the University of Chicago's financial mathematics program. He is a chartered financial analyst.

In 2010, he returned to Grinnell as Director of Investments and was promoted to Chief Investment Officer, effective January 1, 2014. Grinnell's endowment had a market value of $1.26 billion when Scott joined the College's Investment Office. By the end of fiscal year 2016, the endowment had increased to $1.65 billion. Results for the fiscal year ended June 30, 2017, are not yet final, but the estimated endowment value is on track to exceed $1.8 billion.

Prior to joining the College, Scott worked for Barclays Capital in Tokyo, Japan; Bank of America Securities in Chicago, London and Tokyo; and Merrill Lynch & Credit Suisse First Boston.

It has been a privilege and a pleasure for me to work with Scott over the past seven years. I know I speak for the board and the entire college community in thanking him for his service and wishing him well in his new position. The College is finalizing details of a succession plan. Additional information will be shared when it becomes available.

Sincerely,
Raynard S. Kington
President

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