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Impact Capital announces retirement of executive director
SEATTLE, WA - May 9, 2011 - Impact Capital and its Board of Directors wish to announce the retirement of Heyward Watson, effective December 31, 2011.
Mr. Watson said that "it has been a pleasure to support local communities through Impact Capital's mission. I look forward to working with the Board to usher in new leadership that will help Impact Capital continue to grow in its programming and project support."
Mr. Watson became the executive director of Impact Capital in September 2006 after serving on the board for six years. He came to Impact Capital after 11 and half years with Fannie Mae. His work at Fannie Mae focused on creating access to homeownership opportunities in underserved neighborhoods and communities of people.
He was instrumental in reorganizing Impact Capital's governance structure and established the first Fund Development & Communications Committee for the organization. Under his leadership Impact Capital reviewed and revised its lending policies, developed its current strategic direction which focuses on broader community development, rededicated its efforts in creating effective partnerships, and helped to complete the affiliation agreement with the Local Initiative Support Corporation (LISC).
"On behalf of the board and staff of Impact Capital, we want to thank Heyward for his many years of leadership, and wish him the best of luck in his future endeavors," said Board Chair Randy Robinson.