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YMCA of Metropolitan Chicago CEO Cole Announces Retirement
Date:4/22/2009

Will remain as CEO until successor identified; Accomplishments during 8-year tenure include reducing expenses, balancing budget, opening new facilities, expanding programming for those in need

CHICAGO, April 22 /PRNewswire/ -- YMCA of Metropolitan Chicago President and CEO Stephen S. Cole today announced his plans to retire during a meeting of the Board of Managers. Cole will remain in his current position until a successor is named.

"Steve Cole has been a tremendous asset to the YMCA of Metropolitan Chicago," said A. Steven Crown, Board chairman. "During his eight years of service to the organization, we have achieved great success and further advanced its mission under his leadership."

In his announcement to the Board, Cole affirmed his confidence in the strength of the YMCA and its leadership team. The organization has a strong balance sheet and the services it provides to the Chicagoland area are more critical than ever in this current economic climate.

During his tenure with the YMCA of Metropolitan Chicago, Cole has led the organization through significant changes, bringing it to a new level of financial stability. He expanded programming for youth, created additional senior housing and broke ground for Camp Independence, a medical specialty camp at Camp Duncan. Already this year, the organization opened three new facilities with his guidance: the Kelly Hall YMCA in West Humboldt Park, the Dr. Effie O. Ellis YMCA Head Start child care center in West Garfield Park and the Jeanne Kenney YMCA Day Care Center at SOS Children's Village in the Auburn Gresham neighborhood.

Through its 65 locations and more than 100 extension sites, the YMCA of Metropolitan Chicago helps children learn and grow, teaches young people to lead, brings families closer, and encourages individual health and well-being. The fourth largest non-profit in Chicago and one of the largest human services organizations in the nation, YMCA programs impact hundreds of thousands of lives annually, helping to strengthen neighborhoods and respond to community needs across Chicagoland. To learn more, visit www.ymcachgo.org.


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SOURCE YMCA of Metropolitan Chicago
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