Luis Ubiñas, a former McKinsey & Company executive whose 2007 appointment to lead the Ford Foundation came as a surprise to many in philanthropy, announced today that he will step down from the post in September.
During his tenure, Mr. Ubiñas refocused the 77-year-old foundation’s grant-making programs and oversaw sharp staff cuts amid the recession.
Mr. Ubiñas has not said what he will do next.
In a statement posted on Ford’s Web site, he expressed appreciation for the chance to lead the foundation and said he “had learned so much.”
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