NEW YORK, June 13, 2016 /PRNewswire/ -- The Board of
Directors of United Way of New York
City (UWNYC)—the nonprofit organization that, for nearly 80
years, has been a trusted partner to government, corporations,
foundations, and community-based organizations serving low-income
New Yorkers— today announces the election of Donald F. Donahue and Michael J. Schmidtberger to the positions of
Co-Chairs of the Board. Donahue and Schmidtberger assume the
position from Robert J. Kueppers,
who served as Board Chair since February
2012, and will continue to serve as a member of the emeritus
board.
"This transition demonstrates United Way of New York City's commitment to long-term
succession planning and keeping high caliber, capable leaders at
the head of our organization," said outgoing Board Chair,
Bob Kueppers. "Don and Mike's
combined service to UWNYC spans more than 15 years, and during that
time they have had a significant impact as Board members and Chairs
of key committees. Together, they bring an ideal blend of finance,
community impact, and business expertise—as well as a deep
knowledge and love of UWNYC—to their new role."
"Bob has been a great pleasure to work with and an inspiration
to his fellow board members, to me, and to the entire UWNYC staff,"
said Michael Schmidtberger.
"His integrity and wisdom, gained from many years as a superb
corporate and civic leader, were enormous assets to UWNYC and to me
personally. In my view, he was the quintessential nonprofit board
chair, and it was our great honor to have recognized his
outstanding service at our recent 23rd Annual Gridiron
Gala."
"It would be impossible to overstate Bob
Kueppers' impact on UWNYC and how personally committed he
has been," said Don Donahue.
"Mike and I are deeply honored to follow in his footsteps—and the
shoes he's left are so big, it took two of us to fill them!"
Background on Donald
Donahue
Donald Donahue
held various positions in the financial services industry for 45
years and retired from his role as President and CEO of the
Depository Trust & Clearing Corporation (DTCC) in 2012. He also
served as Chairman of the Board of Managers of Omgeo. During his
time at DTCC, Donahue was appointed by the U.S. Secretary of the
Treasury to serve as Sector Coordinator for the financial industry
and Chairman of the Financial Services Sector Coordinating Council
for Critical Infrastructure Protection and Homeland Security. A
graduate of Columbia University, Don
serves as a member of the Advisory Board to the Trustee of Fidelity
Investment's sector mutual and exchange-traded funds, and on the
Boards of the NYC Leadership Academy and Physicians for Human
Rights. Mr. Donahue began with the UWNYC Board of Directors in June
of 2008, and also served as its Treasurer.
Background on Michael
Schmidtberger
Michael
Schmidtberger is the Managing Partner of Sidley Austin LLP's
New York office. Co-head of the
Investment Funds, Advisers and Derivatives Group, Mr. Schmidtberger
is also a member of the firm's Management Committee and Executive
Committee, as well as the firm's Committee on Retention and
Promotion of Women. A graduate of Columbia
University School of Law and Columbia
College, Schmidtberger's leadership in assisting clients has
earned him acknowledgement in numerous industry publications,
including Chambers USA where he is
ranked in Band 1 in the category of Investment Funds: Hedge Funds.
In March 2013, Schmidtberger received
The John Jay Award, which is
presented to members of the Columbia
College family, for distinguished professional achievement.
Mr. Schmidtberger joined the UWNYC Board of Directors in
June 2011.
"UWNYC is extremely fortunate to have such experienced and
talented new board co-chairmen, and their election punctuates
UWNYC's approach to continuous improvement of our Board practices
and sound governance," said Sheena
Wright, President and CEO, United Way of New York City. "Don and Mike's dedication,
passion, and advocacy for UWNYC are unmatched. I look forward to
continuing my strong working relationship with them both."
In addition to Donahue and Schmidtberger's election, Director
Denise Pickett has been appointed to
the role of Board Vice-Chair, sharing the Vice-Chair
responsibilities with Joe Cabrera,
who was also appointed to continue in that role. Pickett also
recently assumed the role of Chair of the Resource Development
committee, taking over the position previously held by George Irish, who has joined UWNYC's emeritus
board.
For media inquiries, contact Lesleigh
Irish-Underwood, SVP & Chief Marketing Officer at
212-251-2461 or lirish-underwood@uwnyc.org.
About United Way of New York
City
United Way of New
York City (UWNYC) has been a trusted partner to government,
corporations, and community-based organizations for nearly 80
years. Serving low-income New Yorkers, UWNYC's collective impact
approach enables the diagnosis of neighborhood challenges and the
design of solutions to expand education, financial stability, and
health opportunities. UWNYC then deploys resources and volunteers
while also driving policy change that is guided by measured
results. UWNYC envisions caring communities where all individuals
and families have access to quality education and the opportunity
to lead healthy and financially secure lives. Learn more
at www.unitedwaynyc.org.
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SOURCE United Way of New York
City