Longtime Mott Foundation CEO passing reins to son
FLINT, Mich. (AP) — The Charles Stewart Mott Foundation has selected the great-grandson of its founder to be chief executive.
Longtime CEO William White announced Tuesday he is passing the leadership reins to his son, Ridgway. The younger White has been president of the Flint-based foundation since 2015.
William White, who joined the foundation in 1969, says in a message he will serve without pay as board chairman. His grandfather, C.S. Mott, launched the philanthropic organization in 1926.
Ridgway White joined in 2002 as an intern and became a program assistant two years later.
The Mott Foundation says it has distributed more than $3 billion since its founding and holds roughly that amount in assets. It committed up to $100 million over five years to help Flint recover from its lead-contaminated water crisis.