Sunday, May 11, 2008

Nature Conservancy Hires Goldman Sachs Banker as New Chief Executive

"Nature Conservancy Hires Investment Banker as Its New CEO"
The Chronicle of Philanthropy, May 9, 2008
By Peter Panepento

WASHINGTON -- The Nature Conservancy today named an investment manager with a deep background in environmental issues to be its new chief executive.

Mark R. Tercek, 51, managing director at the investment firm Goldman Sachs and head of the firm’s Center for Environmental Markets, will replace Steven J. McCormick, who left the charity in October.

Mr. Tercek, who will start his new position in July, takes over at an important time for the nation’s largest environmental-conservation charity. ... ©

Read the full article in The Chronicle of Philanthropy.

The Nature Conservancy has protected more than 23,000 acres in Massachusetts and owns 20 preserves, including three on Cape Cod (Grassy Pond in Dennis, Boat Meadow in Eastham, and Sandy Neck in Barnstable) and six on the Islands (David H. Smith Preserve and Katama Plains in Edgartown; Hoft Farm, Francis Newhall Preserve, and Homer-Watcha Preserve in West Tisbury; Miacomet Moors on Nantucket).

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