A Nonprofit Leader Goes the Other Way

There was something of a man-bites-dog story in the Philadelphia Inquirer, my hometown paper, this morning:
Attorney and prominent social services advocate Alba Martinez said yesterday that she is resigning as president and chief executive of the United Way of Southeastern Pennsylvania to take a position overseeing college savings accounts at the mutual-fund giant Vanguard Group.
Martinez, 45, will replace John Heywood as director of Vanguard’s Education Markets Group, which runs the company’s “529″ college savings plans, said Vanguard spokeswoman Linda Wolohan. She will report to Heywood, who is being promoted.
Career movement typically goes in the opposite direction, with for-profit execs seeking …read more