New York, NY—Building on a firm foundation of accomplishment while still confronting deep seated manifestations of poverty in New York City, the board of directors of the Robin Hood Foundation has expanded its leadership ranks by appointing Reynold Levy as President, effective October 1, 2015.

The founder of Robin Hood, Paul Tudor Jones observed: “Poverty is a daunting adversary. Robin Hood’s ambitious goal to alleviate it measurably led the board to appoint Peter Kiernan and six of his colleagues, myself included, to try to find the best leader to supplement the extraordinary work of David Saltzman, our Executive Director and his indefatigable staff associates.”

Peter Kiernan commented: “After a thorough seven month search the board determined that Reynold Levy, a proven and widely respected CEO, was the best candidate to join forces with David and his management colleagues. Together, they will lead a top-notch staff and a determined board to meaningfully reduce poverty in America’s largest city.”

David Einhorn, the Chairman of Robin Hood’s board of directors stated: “Faced with high levels of poverty, homelessness, hunger and school drop-out rates, we must continue to approach our work with urgency, energy and resourcefulness. I join all of our trustees in expressing delight that Reynold will bring to us the benefits of his CEO experience at such institutions as the 92nd Street Y, the AT&T Foundation, the International Rescue Committee and Lincoln Center to help strengthen Robin Hood and its partner nonprofit organizations.”

Mr. Levy added: “I am honored to be selected to serve as Robin Hood’s President.  During my tenure I intend to widen the base of Robin Hood’s philanthropic support; to strengthen relationships with corporations, foundations and government at all levels; to expand and replicate model programs; and, to broaden partnerships with the excellent recipients of Robin Hood’s support. I am an admirer of Robin Hood’s management and of its board. Above all, I am passionately committed to the realization of its mission.”

Mr. Levy who recently wrote a professional memoir They Told Me Not to Take That Job, published by Public Affairs, fully expected to continue his post-Lincoln Center life of university teaching, consulting, writing and civic service as a volunteer. But the mission of Robin Hood, its track record and its enormous promise convinced him to change his plans. “To help the city’s disadvantaged to experience lives of self-reliance, dignity and opportunity is a privilege.  No calling is more vital. No work is more important. I embrace my role with enthusiasm and with high expectations.”

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