By MIKE SPECTOR
Wall Street Journal
(TM Note: Gallucci and I shared an office in the distant past; he was also my SCUBA instructor. I'm not expected a MacArthur grant, however.)
The John D. and Catherine T. MacArthur Foundation tapped a career diplomat with extensive international arms negotiating experience as its new president amid significant investment losses borne from the financial crisis.
Robert Gallucci, 63 years old and dean of Georgetown University's School of Foreign Service, will become the foundation's fourth president since its founding in 1978. The announcement of his appointment is expected Tuesday. He will start in July and succeed Jonathan Fanton, who has led MacArthur since 1999 but is nearing the end of his term-limited tenure.
Mr. Gallucci, a former assistant secretary of state who led efforts to disarm Iraq after the Persian Gulf War and spearheaded negotiations during the 1994 North Korean nuclear crisis, takes the helm of a Chicago institution beset by investment losses similar to those suffered by foundations across the U.S.
(More here.)
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