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Investment Banker Suzanne Shank Joins Kresge Foundation Board of Trustees

This past Monday, The Kresge Foundation — one of the nation’s leading social services and philanthropic nonprofits fostering economic and social change — announced investment banker Suzanne Shank as one of its newest members to join the foundation’s board of trustees, The Bond Buyer reports . Both Shank and her colleague — finance scholar Michael Barr — were named trustees to serve on the governing body for the private, national foundation. “Suzanne and Michael are extraordinary additions to our Board of Trustees,” Kresge Board Chair Elaine D. Rosen stated in a news release . “Their individual expertise in finance and banking and combined community development leadership—specifically in low-income communities—will further bolster the foundation’s efforts to expand opportunity for people living in America’s cities.” Following their initial 4-year terms, per the foundation’s governance rules, Shank and Barr’s trustee appointments could extend to a maximum of 16 years, The Bond Buyer...

Njera Perkins

Sep 24, 2020