N.P. "Narv" Narvekar, chief executive of Harvard Management Company, has initiated discussions with the board about his departure in 2026 [1]. Harvard's endowment fund is valued at approximately $57 billion, making it one of the largest university endowments in the world [1, 2].
Narvekar earned $6.2 million in compensation for his role as CEO in 2024 [2]. The combined pay for the top six earners at Harvard Management Co. exceeded $25 million in that year [2]. Chief Investment Officer Rick Slocum and Chief Operating Officer/CFO Sanjeev Daga each received around $5 million in compensation in 2024 [2].
Despite the initiation of succession talks, Harvard Management Co. has not announced a specific date for Narvekar's departure [1]. The discussions remain ongoing with no definitive timeline set.
Harvard Management Company will continue its search for a successor as talks proceed, though no public updates on appointments have been made yet.
