The Ewing Marion Kauffman Foundation has selected a longtime board member, Tom McDonnell, to serve as its new chief executive, the grant maker said today.
Mr. McDonnell is a business leader who is retiring this year after nearly 40 years as chief executive of DST Systems, a technology company in Kansas City. He has served on the Kauffman foundation board since 2003 and as its chairman since 2006.
Mr. McDonnell succeeds Carl Schramm, who led Kauffman from 2002 until last year.
Mr. McDonnell said in a statement that he was "honored" to serve as the foundation's leader. "Our important work in education and entrepreneurship has made an impact both around the globe and in our hometown of Kansas City," he said.
His nonprofit affiliations include serving as chairman of the Greater Kansas City Community Foundation and the Kansas City United Way Campaign.
Janice Kreamer, former chief executive of the Greater Kansas City Community Foundation, was selected to replace Mr. McDonnell as Kauffman's board chair.