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Governance at Verger: Welcome New Board Members
At Verger, we’re proud of our robust governance structure, and we rely on our governing and advisory bodies for a network of expertise – one that consistently helps us integrate shared learnings into our operational and investment processes. Our Boards meet regularly to collaborate on Verger’s initiatives and help us achieve our goals. We are grateful for the members’ efforts to nurture an ecosystem of accountability and best practices, and for their time working with each other and our staff to help Verger continually learn and grow.
As we welcome new members to Verger’s Board of Managers and Advisory Board and continue to celebrate Verger’s 10-year anniversary, we are grateful for all the leaders who help shape Verger’s trajectory. This includes the Chair of the Verger Board of Managers, David Dupree, who remains in this role after 10 years of service and continues to champion Verger’s mission of “investing in the lives of others.”
To all the members of Verger’s Board of Managers, Advisory Board, and former ESG Task Force, we appreciate your contributions to Verger’s evolution and celebrate your dedicated service and professional excellence.
Expanding Verger’s Board of Managers
We are pleased to welcome one new member to Verger’s Board of Managers – Matt King, who is a Managing Partner of FCA Venture Partners and brings a stellar breadth of experience as a business founder, leader, board member/director and investor. We look forward to tapping into his unique perspective and insight as we continue Verger’s evolution.
Expanding Verger’s Advisory Board
As we expand our Advisory Board, Verger would like to extend a special note of appreciation to Mike Selverian, who is retiring from the Board this year. We are pleased welcome four new members to the Advisory Board, including:
- John Bowman, who is the President of the CAIA Association and the former Managing Director for the Americas for the CFA Institute.
- Rich Joseph, who is the U.S. Head of Growth Investments at WTW and formerly served as the US Head of OCIO for Mercer and a founding member of the Mercer US and Global OCIO teams.
John and Rich bring exceptional experience and deep insight into the OCIO and broader asset management industry. We look forward to tapping into their extensive knowledge of best practices and perspectives for continued growth.
We are also pleased to announce that a member of the former Verger ESG Task Force will join the Advisory Board.
- Stan Meiburg, the Executive Director of The Andrew Sabin Family Center for Environment and Sustainability at Wake Forest University, who served as Acting Deputy Administrator for the EPA from 2014 to 2017, capping a 39-year career with the agency.
Stan brings a wealth of deep experience, knowledge, and perspective across ESG issues and is extremely well-positioned to continue advising Verger on the implementation and evolution of our engagement approach.
Please join us in thanking Mike Selverian for his service, and welcoming Matt King, John Bowman, Rich Joseph, and Stan Meiburg to Verger’s Boards. We are confident they, along with the other members of our Boards, will help forge our unique path.
Looking Back at the Evolution of Verger’s ESG Task Force
As Verger folds Stan Meiburg into our Advisory Board, we are grateful for the contributions he and the other members have made to Verger’s operational and investment activities since the Task Force's formation in 2020. Additional members included Angelo Calvello – who is also a member of Verger’s Advisory Board and helped Verger form the Task Force – Katherine McGinn, Venus Phillips, and Alexander Rau.
Throughout our work with the ESG Task Force, Verger continued to fine tune the language we use to describe aspects of our work – as a business and as investors – and the connection to our mission. Under the guidance of the Task Force, we developed a set of definitions and expectations around the topic of engagement that serve to ground our operations and investment activities as we move forward.
Expanding the Advisory Board in this way signifies Verger’s commitment to holistically implementing our engagement activities – integrated within our broader operational and investment processes. The move also aligns with industry best practices, where companies are increasingly expected to integrate financially material ESG issues across their decision-making processes and expand accountability within senior leadership and boards.
Verger’s Board of Managers and our expanded Advisory Board will continue to guide and support us as we advance our mission of “investing in the lives of others” in our second decade as a firm. We look forward to everything on the horizon.
To learn more about Verger's views on governance, including the critical questions we believe any institution should ask their board members, download our recent resource guide below.
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Download the full "Enhancing Impact & Governance" resource guide