The Morehead-Cain Foundation is looking for a new executive director after more than 30 years of the same person holding the position.
The current executive director, Chuck Lovelace, has been with the foundation since 1984 and is leaving at the end of this academic year.
“I’ve been with the foundation for 35 years, and it’s just time for new leadership,” Lovelace said. “We’ve really taken the program, along with my wonderful team, to a really good point.”
The search for a new executive director is underway, and Lovelace said he does not know exactly what his future holds.
“We interviewed search firms last winter and hired one this spring,” Lovelace said. “They started their work in August.”
The foundation sent an email to the Morehead-Cain scholars announcing Lovelace’s departure on Aug. 15.
The email, signed by Lovelace, said that the transition had been planned for some time and that it is time for new leadership to take the program to the next level.
The search firm will choose a pool of applicants to present to the search committee, which is a subcommittee of the Morehead-Cain Board of Trustees.
Lovelace was a Morehead-Cain scholar himself and graduated in 1977. He got an MBA from UNC and then started working at the foundation in 1984. He was promoted to executive director in 1987.