Leader Stepping Down at McCormick Foundation

The McCormick Foundation announced Wednesday that its chief executive, David Grange, will retire on June 30, the Chicago Tribune reports.

Mr. Grange, a former U.S. Army general, joined the $1-billion Chicago philanthropy in 1999 as executive vice president and chief operating officer and ascended to its top post in 2005. The McCormick board has yet to name a successor.

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