John F. Powers, MBA ’83, became president and chief executive officer at the Stanford Management Company on June 26. Powers, formerly a managing director and the director of research at Offit Hall Capital Management, succeeds Mike McCaffery, MBA ’82, who left to form his own firm. SMC manages Stanford’s financial and real estate assets, currently worth about $15 billion. “John is a highly talented financial executive and a loyal Stanford alumnus and supporter,” says University President John Hennessy. “We are delighted he has accepted our offer to assume the leadership of an institution that provides such crucial support to the University’s efforts to carry out its educational mission.”
Gabriel Garcia, professor of medicine and associate dean of admission at the Stanford School of Medicine, will become the Peter E. Haas Director of the Haas Center for Public Service this fall, succeeding civil engineering professor Leonard Ortolano. Garcia has been a member of the Haas Center’s faculty steering committee since 1998 and has served on its grant advisory committee. In the half-time post, he will focus on policy making, fund raising and teaching. “We’re pleased that someone with Gabe’s commitment to service learning will be assuming this key position,” says Provost John Etchemendy, PhD ’82.
