Executive Vice President (EVP) and Treasurer Massachusetts Institute of Technology (MIT)
Israel Ruiz is the Executive Vice President (EVP) and Treasurer of the Massachusetts Institute of Technology (MIT). Mr. Ruiz is the Institute’s Chief Financial Officer and, as a Trustee of the MIT Corporation and a member of its Executive Committee, is the chief steward of over $17 billion of MIT's financial assets, $3.4 billion in operating revenues and is responsible for administering the Institute's $5 billion capital plan through 2030. He is responsible for financial and debt strategy development, budget and capital planning, and the integrity of financial information. Other administrative areas of responsibility include human resources, information systems, campus facilities, security and safety, compliance, government relations, international support, sustainability, and medical. Prior to becoming Executive Vice President and Treasurer in 2011, Mr. Ruiz held several roles of increasing responsibility at MIT, most recently serving as Vice President of Finance. He previously held management and engineering roles at Hewlett-Packard and Nissan Automotive. He was instrumental in leading the re-zoning efforts of Kendall Square and the Volpe Center in Cambridge, Mass. to enable mixed-use development and accelerate the process of moving ideas from lab to market. He continues to actively co-lead the development of the process through its complex execution phase, expected to last beyond 2020. Mr. Ruiz serves on the Board of Directors of edX (an MIT and Harvard on-line learning initiative), MIT Endicott House, and MIT Technology Review. He chairs the board of The Engine, a new MIT initiative aimed to accelerate breakthrough innovations. He is a Director of Fortive (NYSE: FTV) and Moderna Therapeutics. He is also a Director of the Governing Board of the Eliot Innovation School and is very active in the Boston Public Schools. His educational background includes a master’s degree from the MIT Sloan School of Management and a six-year degree in industrial and mechanical engineering from the Polytechnic University of Catalonia, in his native Barcelona.