NEW YORK, March 16, 2012 /PRNewswire-USNewswire/ -- The Rockefeller Foundation, celebrating 100 years of global innovation, today announced the appointment of Martin L. Leibowitz and Monica Lozano to its Board of Trustees. The Board governs the Foundation and is responsible for overseeing the Foundation's program and grant making strategy; budgets, expenditures and appropriation policies and guidelines; and investment strategies, allocations and performance.
"I am pleased to welcome both Martin Leibowitz, with his expertise in the field of investing – with a focus on endowment management and Monica Lozano, with her deep commitment to the well-being of immigrant populations and background in communications to the Rockefeller Foundation's board of trustees," said David Rockefeller Jr, the Board's Chairman. "Both Mr. Leibowitz and Ms. Lozano come on board during a pivotal time in the history of the Foundation, as we are about to embark on our centennial year. The board continues to be committed to adding trustees who bring different skills and backgrounds, which will help develop the vision for the Foundation's next 100 years."
"Martin Leibowitz and Monica Lozano both bring strong experience and knowledge that will provide critical guidance to the Foundation as we look toward our centennial year in 2013," said Dr. Judith Rodin, President of the Rockefeller Foundation. "As we aim to solve some of the world's most difficult challenges by expanding opportunity through equitable growth and strengthening resilience to acute crises and chronic stresses, both Mr. Leibowitz's and Ms. Lozano's backgrounds will prove crucial to helping the Foundation achieve lasting impact."
Mr. Leibowitz is a managing director with Morgan Stanley and works in the firm's Research Department. In his eight years there, he and his associates have produced a series of studies on topics including asset allocation, policy portfolios, rebalancing strategies, and asset/liability management. Prior to joining Morgan Stanley, Mr. Leibowitz was vice chairman and chief investment officer of TIAA-CREF, with responsibility for the management of over $300 billion in equity, fixed income, and real estate assets. Previously, he had a 26-year association with Salomon Brothers, where he became director of global research, covering both fixed income and equities, and was a member of that firm's Executive Committee.
He has written over 200 articles on various financial and investment analysis topics, and has been the most frequent author published in both the Financial Analysts Journal (FAJ) and the Journal of Portfolio Management (JPM). He has written several books including his most recent 2010 book, The Endowment Model and a seminal study on bond investment, Inside the Yield Book. The book was first published in 1972, and has gone through 21 reprinting and remains a standard in the field. Mr. Leibowitz received both A.B. and M.S. degrees from The University of Chicago and a Ph.D. in mathematics from the Courant Institute of New York University. He previously served on the Rockefeller Foundation's investment advisory committee.
Monica Lozano is Chief Executive Officer of impreMedia, the leading Hispanic News and Information Company in the United States. She has served as the Company's CEO since May 24, 2010 and prior to that she was the Senior Vice President overseeing its publishing group. She has over 25 years of experience in Hispanic media having started with La Opinion in 1985 working her way up to the position of Publisher and CEO of La Opinion, a title which she continues to hold.
ImpreMedia publishes the most highly respected and influential Spanish language newspapers in the United States, including La Opinion in Los Angeles and El Diario La Prensa in New York. ImpreMedia products reach 32% of all Hispanic adults in the U.S.
Ms. Lozano serves on the board of directors of leading business and non-profit organizations as well as President's Council on Jobs and Competitiveness.
SOURCE The Rockefeller Foundation