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Israel Ruiz SM '01

Executive Vice President and Treasurer of MIT

Executive Vice President and Treasurer of MIT

Israel Ruiz SM '01
Executive Vice President and Treasurer of MIT

Mr. Ruiz has been the Institute’s chief fiduciary officer since 2011 and is responsible for all of the administrative and financial functions at MIT.  He is the administrator of over $14.1 billion of MIT’s financial assets, including operating revenues and the Institute’s capital plan.  

Since joining MIT in 2002, Mr. Ruiz has had a variety of leadership positions in the financial areas of institutional planning and analysis.  He has served on several task forces and initiatives including: the Planning Task Force, the Campus Energy Task Force of the Energy Initiative, The Future of MIT Education task force, MIT Sustainability, and Digital MIT.

Born in Barcelona, Mr. Ruiz holds a degree in industrial engineering from the Polytechnic University of Catalonia, Spain and a masters degree from the MIT Sloan School of Management.  Prior to coming to MIT, he worked as an engineer at Hewlett-Packard and at Nissan Automotive.

Highlights of this interview include:

  • MIT makes you realize that nearly nothing is impossible.
  • Growing up in Barcelona he was an obsessive perfectionist and fulfilled his passion as a young engineer to work in the car industry at Nissan Automotive.
  • After moving to the US and working for Hewlett Packard he decided to pursue a management education at MIT Sloan.
  • Inspired by reading his textbook at university in Spain, he talks about his chance meeting with Paul Samuelson while he was touring Sloan as a newly admitted student.
  • How MIT weathered the 2008 financial downturn.
  • The development of digital education at MIT.
  • Campus safety at MIT as an open university.
  • MIT 2030 and the Kendall Square Initiative.
  • The boldness of the bet to move MIT to Cambridge in 1916.
  • How big should the MIT campus be in the future?

 

 

 

 

 

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