Boston Fed Chief, Regional Leader Rosengren to Retire

By John O. Harney

Eric S. Rosengren

Comings and Goings …

Boston Fed President and CEO Eric S. Rosengren, who had long planned to retire in June 2022, now says he will leave the post Sept. 30 of this year to deal with a worsening kidney condition. Rosengren announced that he has had the condition for many years and is qualified for the kidney transplant list in June 2020. Rosengren worked 35 years at the Boston Fed and 14 as its president. Among his accomplishments, he championed the bank’s outreach to low- and moderate-income communities, hosted foreclosure-prevention workshops during the Great Recession, created a grant competition to support postindustrial New England communities and helped lead the Federal Reserve’s “Racism and the Economy” forums. Rosengren made the Boston Fed a key collaborator with NEBHE, including giving the keynote address at NEBHE’s major 2011 “New England Works” Summit on Bridging Higher Education and the Workforce. The Boston Fed announced that First Vice President and COO Kenneth C. Montgomery will serve as interim president and CEO upon Rosengren’s departure.

The University of Rhode Island appointed Carlos Lopez Estrada, deputy director of administration and senior adviser to Pawtucket Mayor Donald R. Grebien, and Lauren Broccoli Burgess, a registered lobbyist and assistant director of government relations for the American Veterinary Medical Association, as the university’s directors of legislative and government relations. Lopez Estrada will focus on state and regional collaborations and Brocolli Burgess on federal government relations.

Lasell University appointed Lynne Celli as dean of graduate and professional studies. Celli joins Lasell from Endicott College where she served as executive director of professional education and leadership, dean of graduate professional education, and associate dean for graduate education programs. She is also the former superintendent for Swampscott (Mass.) Public Schools.

Berkshire Community College (BCC) appointed Maureen McLaughlin as director of strategic initiatives. McLaughlin spent more than 20 years in the high-tech industry working on IPOs and acquisitions, as well as 10 years in public elementary schools supporting severe special needs students and students in crisis. BCC announced McLaughlin’s appointment among 10 new staff and faculty members.  

Yale New Haven Health (YNHH) CEO Marna Borgstrom announced she will retire next spring. She will be succeeded as head of the regional hospital system by current YNHH President and former Hospital of Saint Raphael CEO Christopher O’Connor.

The Massachusetts Museum of Contemporary Art (MASS MoCA) named Kristy Edmunds as its new director, succeeding founding director Joseph Thompson who retired in late 2020 after 32 years leading the North Adams. Mass. museum. Edmunds has served as executive and artistic director at UCLA’s Center for the Art of Performance since 2011.


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