The trustees of The Dietrich Foundation include five Educational Institution Trustees and four Community Trustees
Louis R. Cestello
Representing the University of Pittsburgh
Louis R. Cestello is executive vice president, head of Regional Presidents and regional president of Pittsburgh and Southwestern Pennsylvania for PNC Bank. As head of Regional Presidents since 2013, Cestello leads efforts to bring PNC’s big-bank capabilities to customers and communities locally through the company’s coast-to-coast footprint. In January 2017, he was named regional president for Pittsburgh and southwestern Pennsylvania responsible for leading the execution of PNC’s business strategy in the region. He is a member of the board of trustees for the Carnegie Museums of Pittsburgh and The University of Pittsburgh, where he is past chair. Cestello holds a Bachelor’s degree from Washington & Jefferson College and a Master’s degree in Business Administration from Duquesne University.
McCall Cravens
Community Trustee
Since 2019, McCall Cravens has served as the Chief Investment Officer (CIO) of the Heinz Family Office in Pittsburgh, where she oversees all investment activities. She previously served as the CIO for Hunt Investment Group in Dallas, Texas. Before that, McCall served as SMU’s Managing Director of Investments in the Endowment office, overseeing and making recommendations regarding outside managers in all asset classes. Prior to joining SMU, McCall worked as an investment professional for several private equity funds, including Pamlico Capital and Lehman Brothers Real Estate Partners. She also served as an analyst in the M&A investment banking group at Wachovia. McCall received her B.S. from Vanderbilt University, summa cum laude, and her M.B.A. from Harvard Business School. McCall has been recognized by Trusted Insight as one of the “Top 30 Women Chief Investment Officers” , “Top 30 Family Office Chief Investment Officers” and one of the “Top 30 Most Influential Women in University Endowments”, as well as recognized as one of the top “Forty Under Forty” by aiCIO. She also serves on the Board and Investment Committee of The Children’s Institute of Pittsburgh and as an Advisory Board Member for Fund Evaluation Group.
Anne Dietrich Diemer
Community Trustee
Anne Dietrich Diemer is a Senior Wealth Strategy Associate with UBS Financial Services and the daughter of William S. Dietrich II, the founder of The Dietrich Foundation. Prior to joining UBS, she was an Associate in the Wealth Management Group at Jefferies & Company, Inc. and a Sales Associate at Credit Suisse Securities. Mrs. Diemer graduated from Tulane University with a Bachelor of Arts in Economics. She spent a year of her undergraduate studies at the London School of Economics.
Joan T.A. Gabel
Representing the University of Pittsburgh
Joan Gabel became the 19th chancellor of the University of Pittsburgh on July 17, 2023. In this role, she oversees a community of nearly 34,000 students and more than 14,000 faculty and staff members across five distinct campuses, all working to advance Pitt’s legacy of academic excellence, community service and research innovation. She previously served as the president and chief executive of the University of Minnesota System and Twin Cities campus. Under her leadership, the University of Minnesota developed its first comprehensive systemwide strategic plan. That plan resulted in record-setting graduation rates and annual research expenditures, as well as unmatched startups, patents and private giving, including the completion of a $4 billion capital campaign that exceeded its goal by 10%. Transformational partnerships, such as the NXT GEN MED program between the university, Mayo Clinic and Google, have led to reimagined research and student opportunities. Prior to joining the University of Minnesota System, she served as executive vice president for academic affairs and provost at the University of South Carolina and as dean of the Robert J. Trulaske, Sr. College of Business at the University of Missouri. Gabel began her teaching career at Georgia State University, then joined Florida State University where she was the DeSantis Professor of Legal Studies; chair of the Department of Risk Management and Insurance, Real Estate and Legal Studies; and director of international relations within the College of Business. Gabel is the recipient of numerous research, service and teaching awards, including recognition as a Fulbright scholar. She currently serves as vice chair for the Council on Competitiveness and on the boards of the American Council on Education, the Association of Public and Land Grant Universities, and Fulbright (CIES), among others. She holds a bachelor’s degree in philosophy from Haverford College and a Juris Doctor from the University of Georgia School of Law.
Edward J. Grefenstette
Community Trustee
Ed Grefenstette serves as the President, Chief Executive Officer and Chief Investment Officer of The Dietrich Foundation. Prior to joining Bill Dietrich in April 2010, he served as Treasurer and Chief Investment Officer of Carnegie Mellon University (CMU) in Pittsburgh. He previously co-founded Commonwealth Capital Group, L.P., a small-cap private equity fund, following seven years in investment banking and law. He earned his AB in Economics with honors from Georgetown University, a JD with honors from Georgetown University Law Center, and an MBA in Finance and Strategy with honors from CMU. Ed has been a frequent speaker on topics in private equity/venture capital at conferences and universities around the world, particularly on VC in emerging markets. In addition to serving as a Trustee of The Dietrich Foundation, he currently serves as a trustee and/or member of the investment committee of Carnegie Mellon University, the University of Pittsburgh, and the University of Pittsburgh Medical Center (UPMC). He also serves as a Trustee of the Thomas and Sandra Usher Camp (aka, SB2W Citikidz).
Farnam Jahanian
Representing Carnegie Mellon University
Dr. Jahanian, who had served as Interim President of Carnegie Mellon University since July 1, 2017, was appointed as CMU’s tenth President in March 2018. He first joined the university in 2014 as its Vice President for Research and in 2015, became the university’s Provost and Chief Academic Officer. Dr. Jahanian holds faculty appointments in the School of Computer Science, the College of Engineering and the H. John Heinz III College at Carnegie Mellon University. Prior to CMU, he led the National Science Foundation Directorate for Computer and Information Science and Engineering (CISE) from 2011 to 2014. He was on the faculty at the University of Michigan from 1993 to 2014, where he held the Edward S. Davidson Collegiate Professorship in the College of Engineering, and served as Chair for Computer Science and Engineering from 2007 to 2011 and the Director of the Software Systems Laboratory from 1997 to 2000. The author of over 100 published research papers, Jahanian has also served on dozens of national advisory boards and panels. He is on the executive committee of the US Council on Competitiveness, serves as chair of the National Research Council’s Computer Science and Telecommunications Board (CSTB) and is a board member of the Computing Research Association (CRA), the Allegheny Conference on Community Development, the Pittsburgh Council of Higher Education (PCHE), the Ben Franklin Technology Development Authority (BFTDA) and the National Center for Women and Information Technology (NCWIT). Dr. Jahanian holds a master’s degree and a Ph.D. in Computer Science from the University of Texas at Austin. He is a Fellow of the Association for Computing Machinery (ACM), the Institute of Electrical and Electronic Engineers (IEEE), and the American Association for the Advancement of Science (AAAS).
Matthew Litwin
Community Trustee
As Greycourt’s chief executive officer, Matthew Litwin is responsible for the firm’s talent development, growth, and long-term strategy. Based in the firm’s Pittsburgh, PA office, he leads the firm’s management committee and works directly with clients as a senior advisor. Matt’s client-facing work is focused on the firm’s Collaborative Solutions business line, which delivers efficient and highly customized strategic consulting services to very large family offices. Matt joined Greycourt’s Portland, Oregon office in 2010 to run the firm’s alternative asset research and was promoted to head of manager research in 2012 and to president in 2020.
Matt is a member of the board of directors and chair of the investment committee for Ring Family Group, LLC, a natural resources-related family holding company, and is a former trustee and treasurer of the French American International School. He holds a bachelor of arts in geology & geophysics from Yale University.
Jeanne M. Cunicelli
Representing Carnegie Mellon University
Cunicelli is a member of the Board of Trustees of Carnegie Mellon University. She received a Master of Business Administration from the University of San Francisco and a bachelor’s degree in cognitive psychology from Carnegie Mellon University
Susan Traverso
Representing Thiel College, Board Chair
Dr. Traverso was announced as Thiel College’s 20th president on May 17, 2016. Coeducational from its founding in 1866, Thiel College named her as its first female president during its historic sesquicentennial year. Dr. Traverso had served as the provost and senior vice president at Elizabethtown College (Elizabethtown, Pa.) and dean of the College of Arts and Sciences at the University of Redlands (Redlands, Ca.). A scholar of American social and political history and an expert in U.S. women’s history, she is the author of Welfare Politics in Boston, 1910-1940 (University of Massachusetts Press). A recognized leader in higher education, Dr. Traverso is active with several national organizations, including the Council of Independent Colleges and the Association of American Colleges & Universities. She has been invited to speak nationally and has led workshops on leadership, board governance, and student learning. Dr. Traverso earned her bachelor’s degree in history and communication from Simmons College (Boston, Mass.), and doctoral and master’s degrees in history from the University of Wisconsin-Madison.