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Home > Blogs > Ohio politics > Archives > 2009 > December > 10 > Entry
Prescott hired to head tuition trust
The Ohio Tuition Trust Authority, the state’s college savings program, hired R. Michael Prescott as its new executive director.
Prescott, 47, who started Monday, Dec. 7, will oversee a portfolio of $5.5 billion assets invested for more than 780,000 participants in the CollegeAdvantage 529 Savings Plan.
The authority is a state agency under the chancellor of the Ohio Board of Regents.
Prescott, who will be paid $175,000 a year, was recently a regional group president with Columbus-based Huntington Bank. He holds a master’s of business administratio from Ohio State University and an undergraduate degree from Ohio Northern University.
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