Richard “Rick” S. Kraich has been appointed vice president for investments and chief investment officer for the West Virginia University Foundation, effective Sept. 13.
Kraich comes to Morgantown from Atlanta where he spent the past three years as chief investment officer for Homrich Berg, a wealth management firm. Prior to that, he was senior director of investments for the Georgia Tech Foundation, and spent 25 years in a variety of investment, finance and engineering roles at BellSouth Corp.
“Rick brings a wealth of experience to the CIO position,” said Wayne King, Foundation president and CEO. “I am convinced he will provide the strategic leadership our investment program will need in the years ahead.”
Kraich earned his master’s degree in business administration from the University of Florida and his bachelor’s degree in industrial engineering from the Georgia Institute of Technology. He is a Chartered Financial Analyst.
“I am honored to have this opportunity to join the WVU Foundation team,” Kraich said. “I look forward to working with the Foundation Board of Directors, WVU faculty, staff and alumni in prudently growing the endowment and other assets managed by the Foundation in accordance with the goals of the University. I fully support the mission of the Foundation to enrich the lives of those touched by WVU, and will strive for the investment office to pursue excellence while conducting ourselves with integrity and professionalism.”
Kraich and his wife, Marlene, have three children – Elizabeth, 18, Rachel, 16, and Andrew who is 13.
The WVU Foundation is a private, non-profit corporation that generates, receives and administers private gifts for the benefit of West Virginia University.
CONTACT: Bill Nevin, WVU Foundation
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