Company Overview of The William and Flora Hewlett Foundation

The William and Flora Hewlett Foundation announced that Laurance R. (Laurie) Hoagland Jr., as vice president and co-chief investment officer of its foundation, will conclude his service on June 30, 2013. Ana Wiechers-Marshall, currently the foundation's co-chief investment officer, will become vice president and chief investment officer. Hoagland has led the Hewlett Foundation's investment team since 2001. Before joining the Foundation, Hoagland served for nine years as president and CEO of the Stanford Management Company, Stanford University's investment and real estate organization. Before that, Hoagland had a long career in the private investment sector. Ana Wiechers-Marshall will assume the titles of vice president and chief investment officer on July 1. She will be responsible for asset allocation, strategic investment policy recommendations, and selection of external managers for the $7.5 billion endowment portfolio. She will retain primary responsibility for the selection and oversight of external managers in global equities, having led the investment team's efforts in distress/credit, fixed income, derivative strategies, and absolute return since joining the Foundation in 2004. She will also continue to lead the team's portfolio construction, risk management, and liquidity modeling efforts. Wiechers-Marshall, CFA, brings twenty-six years of investment experience to the Hewlett Foundation. Marshall was born and raised in Mexico City and is fluent in Spanish and French. Marshall serves on the Skoll Foundation and the Skoll Fund investment committees.