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W.K. Kellogg Foundation appoints new CIO


W.K. Kellogg Foundation appoints new CIO
Carlos Rangel
Carlos Rangel was named vice president and chief investment officer of the W.K. Kellogg Foundation, Battle Creek, Mich.
Effective Feb. 1, Mr. Rangel will replace CIO
Joel Wittenberg, who is retiring at the end of the month, the foundation said Friday. He will manage the combined $8.3 billion in the foundation s endowment and trust.
Mr. Rangel, currently director of investments, joined the foundation in 2010 as a portfolio manager. A replacement has not yet been named, but his duties will be handled by other investment staff members while the search process continues, Kathy Reincke, the foundation s director of communications, said in an email. ....

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