Cleveland Foundation names Rosanne Potter new Senior Vice President and Chief Financial Officer
RELEASE DATE: 4.15.2016
CLEVELAND – The Cleveland Foundation today announced the appointment of Rosanne Potter as Senior Vice President and Chief Financial Officer. Potter replaces retiring Cleveland Foundation SVP and CFO Kate Asbeck.
Potter brings more than two decades of finance experience to the foundation. Most recently, she was Senior Manager for Pension Management at Eaton Corporation, where she was responsible for the oversight and investment of $10 billion in global retirement assets. She also has held treasurer positions at several other global companies including the Lubrizol Corporation, RTI International Metals and Dexter Corporation.
“Rosanne brings incredible expertise and financial and investment skills to the foundation,” said Cleveland Foundation President and CEO Ronn Richard. “She has a proven track record of financial excellence and she will make a wonderful addition to our senior leadership team.”
Potter earned a bachelor’s degree in economics and French from Boston College and earned her MBA in finance at Loyola University. She serves as a part-time faculty member at Kent State University, where she teaches finance courses for the university’s Executive MBA program.
She is also active in the community, serving as a member of the executive board of Adoption Network Cleveland and In Council with Women. Potter is a former board member of the American Heart Association (AHA) Go Red Campaign and the Make a Wish Foundation’s Northeast Ohio chapter. She was the founding chair of the AHA Go Red Circle of Red Cleveland chapter. Last year, she was named a Crain’s Cleveland Business Women of Note honoree.
Asbeck is retiring in June after six years at the foundation.
“We will miss Kate tremendously and are deeply grateful for the significant contributions she made during her tenure, which have positioned the foundation for continued success. We wish her all the best in her retirement,” said Richard.
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Established in 1914, the Cleveland Foundation is the world’s first community foundation and one of the largest today, with assets of $2.1 billion and 2015 grants of $95 million. Through the generosity of donors, the foundation improves the lives of residents of Cuyahoga, Lake and Geauga Counties by building community endowment, addressing needs through grantmaking, and providing leadership on vital issues. The foundation tackles the community’s priority areas – education and youth development, neighborhoods, health and human services, arts and culture, economic development and purposeful aging – and responds to the community’s needs.