NEW YORK, Oct. 17 (AScribe Newswire) -- The Rockefeller Foundation today announced the appointment of three new trustees to its board: David Rockefeller Jr., director and former chair of Rockefeller & Co., Inc.; Ann M. Fudge, chairman and CEO of Young & Rubicam Brands; and Rajat Gupta, former managing director of McKinsey & Company. All three will join the November meeting of the Foundation's Board.
"These three remarkable leaders bring to the board the experience, expertise and perspective of extraordinary careers spanning public service and the private sector," said James F. Orr, III, chairman of the board of trustees of the Rockefeller Foundation. "Each has demonstrated a genuine commitment to improving the lives of poor and vulnerable people. Our board enthusiastically welcomes them as colleagues."
"I'm delighted to continue the legacy of my family's personal commitment of helping guide the mission of the Rockefeller Foundation," said David Rockefeller Jr. With this appointment, he becomes the sixth member of the Rockefeller family to serve on the Board of Trustees of the Foundation, established by his great-grandfather, John D. Rockefeller Sr., in 1913.
Ann Fudge said, "It is a privilege and an honor to be asked to serve on the board of the Rockefeller Foundation, with its long and storied tradition of working on the root causes of serious problems and finding creative solutions to complex global challenges."
"The Rockefeller Foundation has consistently been a leader in innovation and meaningful social impact around the globe. I look forward to playing a part in advancing the Foundation's exceptional work," said Rajat Gupta.
"With the addition of these three new trustees, we are even better positioned to advance our work into the 21st century," said Judith Rodin, president of the Rockefeller Foundation. "Each of these distinguished individuals is a true visionary, who will undoubtedly make significant contributions to the Foundation and our beneficiaries in the years ahead."
"I am particularly thrilled that we are once again able to welcome a member of the Rockefeller family to our board. David Rockefeller Jr. provides a wonderful link to the Foundation's history as we begin undertaking a number of bold new initiatives around the world," added Rodin.
David Rockefeller Jr., 65, is director and former chair of the investment management firm Rockefeller & Co., Inc. He formerly served as chairman of the Rockefeller Brothers Fund and as citizen chair of the National Park Foundation. He has been an active participant in many nonprofit organizations involved in the environment, the arts and public education.
Ann M. Fudge, 55, is chairman and CEO of Young & Rubicam Brands. Prior to joining Young & Rubicam, she ran a division of Kraft Foods. Fudge also serves on the board of directors of General Electric, the board of overseers of Harvard University, the board of directors of Catalyst, and is a trustee of the Brookings Institution and of Morehouse College.
Rajat Gupta, 58, is the former managing director of McKinsey & Company worldwide. He is chairman of the board of the Indian School of Business and recently was nominated co-chairman of the United Nations Association of the USA. He also has worked extensively with many other organizations, including the Global Fund for Aids, Malaria and Tuberculosis; the Harvard Business School; and the Massachusetts Institute of Technology Sloan School of Management.
The Rockefeller Foundation was established in 1913 by
John D. Rockefeller Sr. to "promote the well-being" of
humanity by addressing the root causes of serious
problems. With assets of more than $3 billion, it is one of
the nation's largest private foundations. The Foundation
works internationally to expand opportunities for poor and
vulnerable people and to help ensure that the benefits of
globalization are shared more equitably.
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