The University of Notre Dame has announced the retirement of Scott Malpass (pictured) after serving 32 years as chief investment officer. He will be succeeded by Michael Donovan, a 23-year veteran of the university’s investment office, where he serves as managing director.

Malpass is a 1984 Notre Dame graduate and received a master of business administration degree from the university in 1986. He returned in 1988 from the Wall Street firm Irving Trust Company and became chief investment officer the following year. Malpass also served as a concurrent assistant professor of finance in the Mendoza College of Business at Notre Dame. 

Donovan previously co-founded an educational products company and practiced corporate law with Morgan, Lewis & Bockius in Philadelphia. He holds a bachelor’s degree in finance from Notre Dame, a law degree from the UCLA School of Law and an MBA from Harvard Business School.

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