CITGO Petroleum Corp. has announced the appointment of MARIELA POLEO as president of the Simón Bolívar Foundation (SBF), a private, company-sponsored foundation dedicated to catalyzing organizations and resources to meet the humanitarian needs of Venezuelans and Venezuelan refugees. A Venezuela native and the first woman to lead the foundation, Poleo has served in various roles for more than twenty years at EQUINOR ASA (formerly Statoil), including head of finance and controller for North American exploration and offshore development.
The New York City-based Andrew W. Mellon Foundation has announced the election of JONATHAN HOLLOWAY to its board of trustees. Holloway, the president-elect of Rutgers, the State University of New Jersey, is currently provost and professor of history and African American studies at Northwestern University. In that role, he oversees the university's educational policies and academic priorities, preparation of the annual budget, and faculty appointments and promotion. Before moving to Northwestern, he served as the dean of Yale College and the Edmund S. Morgan Professor of African American Studies, History, and American Studies at Yale University.
The Nellie Mae Education Foundation in Quincy, Massachusetts, has announced the appointments of BETTY FRANCISCO to its board of directors and JESSICA JONES and JULIETTE MENGA, CPA, as advisory members of the board's investment committee. Francisco is the co-founder of Latina Circle, a Boston-based network that is advancing Latina leaders into positions of power and influence across industries, currently serves as general counsel and chief legal advisor at Compass Working Capital. In 2018, Boston Magazine named her one of the 100 Most Influential People in Boston. Jones is managing director for hedge funds at Dartmouth College’s Investment Office. Before joining DCIO in 2018, she worked for almost a decade at HighVista Strategies, where she was a principal focusing on the firm’s external manager portfolio across public and private strategies. Menga is a director and associate portfolio manager at Alternative Investment Group, an independent investment firm based in Southport, Connecticut, and previously served as an analyst at New York Live Investment Management and Excalibur Advisors LLC.
Palo Alto-based Benetech, the leading provider of software for social good, has announced the appointment of design and technology executive KATIE DILL to its board of directors. With a 50-50 male-female ratio, the Benetech board leverages expertise and leadership from a broad spectrum of sectors, including technology, business, philanthropy, and law.
The Global Greengrants Fund in Boulder, Colorado, has announced the appointment of LAURA GARCIA as its new president and CEO, succeeding the recently retired TERRY ODENDAHL. An advocate for gender justice throughout her career, Garcia previously served for seven years as executive director of Fondo Semillas, a nonprofit organization in Mexico that works to improve the lives of women across the country.
In other news, the Chicago-based Coleman Foundation has announced that MICHAEL HENNESSY, the foundation's CEO since 1995, will retire at the end of 2020. Hennessy began his association with the foundation in 1987 when it was a part of the Fannie May Candy Company and he was a member of the company's management team. In his role as CEO, he has been instrumental in shaping the development and advancement of the foundation’s core funding areas: entrepreneurship education, palliative care, supportive oncology, and support for service organizations working with people with developmental disabilities. "We deeply appreciate the substantial contribution that Mike Hennessy has made to the Coleman Foundation and welcome his participation in the present transition," said board chair Michael Furlong. "Mike has brought the foundation along to where we are today, and we will be forever grateful. We thank him for leaving a solid legacy which we can build upon." The board has engaged Phillips Oppenheim to lead the search for Hennessy's successor.
And the Atlanta-based Arthur M. Blank Family Foundation has announced that PENELOPE (PENNY) McPHEE, who has served as president of the foundation since 2004, will retire at the end of the year. As president, McPhee has overseen investments that have transformed Atlanta’s urban landscape, increased equitable opportunities for children and families, and changed policy at the local and state level to ensure that all children get a fair and healthy start. Under her leadership, the foundation became the first investor in the Atlanta Beltline and the largest investor in the expansion of Atlanta parks and greenspaces, made a naming investment in the Civil Rights Gallery at the National Center for Civil and Human Rights, and supported initiatives to reinvigorate Atlanta’s historic Westside. On the policy front, she has worked with three Georgia governors to implement programs and policies that have changed the state’s trendline on childhood and youth obesity and fostered relationships that led to major youth-serving organizations such as Teach for America, Posse, and Playworks bringing their programs to Georgia. "Penny McPhee's leadership over the last sixteen years can't be overstated when it comes to executing the vision of our family foundation, the important work to align of our community in building Mercedes-Benz Stadium, the development of our philanthropic work on Atlanta's Westside and in Montana, and so much more," said Arthur M. Blank. "Her work has been tireless and the initiatives she has led will have a lasting impact on the communities and people we are committed to serve. Penny's excellent work has positioned our family foundation very well for a bright future and even greater impact. Personally, she has been a dear friend and trusted advisor who has helped me achieve many personal and professional goals with both our foundation and our family of businesses. She will depart the foundation later this year with my love and gratitude and a lifelong relationship I count as a cherished blessing." McPhee will continue to serve as president until her successor is selected. A nationwide search, overseen by Blank and members of his family, will begin immediately.