Southeastern Council chief to resign

After a decade at the helm of the Southeastern Council on Foundations, Martin Lehfeldt says he will step down within 18 months.

Lehfeldt will continue as president and CEO until a successor can be found by the board, which has launched a search.

During his 10-year tenure, the council has expanded its programs and services and has grown its roster to 370 members, whose combined assets total about half the $61 billion under management by southern foundations.

The search committee is being led by Debra Jacobs, president of the William G. Selby and Marie Selby Foundation and vice chair of the Council’s board.

Lehfeldt plans to serve as a senior advisor to the council after his retirement, which he says will be no later than the end of 2009.

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