Vice President and Chief Investment Officer
401 N. Michigan Avenue, Suite 900
Chicago, IL 60611
Mark A. Schmid is the Vice President and Chief Investment Officer of the University of Chicago. He and his 29-person investment team are responsible for the management of the University's investment assets, valued at $7.2 billion.
Schmid came to the University from The Boeing Company, where he served as Vice President and Chief Investment Officer from August 2003 until July 2009. He and his 20-person investment team were responsible for the management of Boeing’s $70 billion in retirement assets. He was a member of Boeing’s Employee Benefit Investment Committee and Corporate Investment Committee.
Prior to Boeing, Schmid worked for DaimlerChrysler Corporation (DCC) for 17 years in various accounting, finance, and treasury positions, including Treasurer at Chrysler Canada. He served as CIO for six years and managed DCC’s $30 billion pension and 401(k) plans and served on various investment committees. Prior to DCC, he worked in public accounting with KPMG as an auditor for five years.
Schmid graduated with a B.S. in Accounting from the University of Detroit Mercy. He also received an M.B.A. in Finance from Wayne State University in Detroit, Michigan, and is a Certified Public Accountant.
He resides in Hinsdale with his wife and five children.