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Kathryn Stephens Appointed Interim Executive Director of Capital Area Asset Builders

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Kathryn Stephens Appointed Interim Executive Director of Capital Area Asset Builders
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News

Kathryn Stephens Appointed Interim Executive Director of Capital Area Asset Builders

2024-06-26 05:52 Last Updated At:06:01

WASHINGTON--(BUSINESS WIRE)--Jun 25, 2024--

The Board of Directors of Capital Area Asset Builders (CAAB) unanimously voted to appoint Kathryn Stephens as the Interim Executive Director effective July 1. Stephens brings over 20 years of nonprofit management experience to her new role, as well as a proven track record in organizational development, business strategy, systems building, and internal control enhancement.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240625132022/en/

Stephens has successfully navigated more than 10 interim roles, including as CEO, Executive Director, and COO, across a range of social impact organizations with budgets of up to $35 million. Stephens’ adaptability and deep understanding of the challenges and opportunities at different stages of organizational life cycles make her an ideal leader to guide CAAB while it focuses on business continuity, internal capacity building, and stakeholder relationship management.

Under Stephens’ leadership, CAAB will continue to advance its vital community services while ensuring the retention and recruitment of essential staff and consultants. She will also identify areas for improvement in business practices and management and will strengthen relationships with external partners.

CAAB remains committed to its mission of supporting individuals and families to achieve economic mobility. In 2023 alone, the organization distributed nearly $4 million through its Matched Savings and Cash Transfer & Guaranteed Income programs which supported 1,000 beneficiaries. Over the past five years, CAAB has distributed $13.2 million, significantly aiding more than 3,100 individuals and families in achieving financial stability and growth.

Joseph Leitmann-Santa Cruz has served as CEO since 2019 and has shepherded CAAB through tremendous growth and development. The Board thanks Leitmann-Santa Cruz for his vision and passion for financial empowerment. He will support the transition in the coming weeks.

Stephens’ appointment reflects CAAB’s dedication to continuity and excellence in service delivery during this transitional period. The Board is confident that her leadership will be instrumental in strengthening CAAB and ensuring its continued impact on the community.

About Capital Area Asset Builders

Capital Area Asset Builders (CAAB) is a nonprofit organization that empowers low-income individuals and families in the Washington, D.C. area to gain financial independence and build wealth. CAAB’s programs focus on matched savings, cash transfers, guaranteed income, and financial education aimed at fostering financial stability and economic advancement.

Kathryn Stephens, interim executive director of Capital Area Asset Builders. (Photo: Business Wire)

Kathryn Stephens, interim executive director of Capital Area Asset Builders. (Photo: Business Wire)

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It's been almost a half-century since a Pittsburgh pitcher started the All-Star game

2024-07-16 02:29 Last Updated At:02:30

Paul Skenes is set to start the All-Star game, the first time since 1995 that a rookie pitcher has that honor.

It's been even longer since a Pittsburgh player has been in that spotlight.

The last pitcher from the Pirates to start the All-Star game was Jerry Reuss in 1975, in the middle of a decade when Pittsburgh won two World Series. That's the second-longest active drought without a pitcher starting the All-Star game. The Chicago Cubs have not had one since Claude Passeau in 1946. (The Miami Marlins have never had the starting pitcher for the National League, but they've only been playing since 1993.)

The longest drought in the American League belongs to the Baltimore Orioles, who have not had the All-Star starter since Steve Stone in 1980. But that's about to change as well after Corbin Burnes was named this year's AL starter Monday.

This stellar beginning to Skenes' career — in 11 starts, he's 6-0 with a 1.90 ERA — has made his outings must-see TV and brought a bit of buzz to Pittsburgh. The Pirates are 48-48, which puts them in the mix for a wild card. Skenes and outfielder Bryan Reynolds are both All-Stars. The team hasn't had more than two in a season since 2015, when Andrew McCutchen and Gerrit Cole were both in Pittsburgh.

Now McCutchen is back with the Pirates as his career winds down, and with Skenes, Reynolds and 6-foot-7 shortstop Oneil Cruz, Pittsburgh has a chance to turn some heads the rest of the way.

TRIVIA TIME

Name the record 13 different pitchers from the Brooklyn or Los Angeles Dodgers who have started the All-Star game.

A-PLUS OFFENSE, OCCASIONALLY

The Oakland Athletics pummeled Philadelphia 18-3 on Sunday. Although the A's are 24 games under .500, they're also responsible for the three highest-scoring games in baseball this year. Oakland also beat Miami 20-4 on May 4 and routed Baltimore 19-8 on July 6.

The A's have 390 runs so far. Nearly 15% of them were in those three games.

Oakland is also one of just five teams in the majors to be shut out at least 10 times already. The Chicago White Sox are atop that list with 12.

LINE OF THE WEEK

It belongs to Skenes, who pitched seven no-hit innings at Milwaukee on Thursday before being removed after 99 pitches. The Pirates won 1-0. Opponents are batting just .202 against Skenes.

Skenes also had a six-inning start with no hits allowed in May against the Cubs. The Pirates are 8-3 in games he's started.

COMEBACK OF THE WEEK

The Los Angeles Dodgers could use a break right now. After being swept in a three-game showdown at Philadelphia, the NL West leaders went to Detroit and dropped two of three, giving away ninth-inning leads in both losses. Saturday's 11-9 defeat was particularly troubling. Los Angeles was up 9-4 in the ninth — its win probability maxed out at 99.5% according to Baseball Savant — before a dramatic rally by the Tigers.

It was still 9-6 with Detroit down to its last out, but then Carson Kelly hit an RBI single and rookie Colt Keith tied it with a two-run homer. Gio Urshela than hit a two-run shot in the 10th to end the game.

TRIVIA ANSWER

Whit Wyatt, Ralph Branca, Don Drysdale, Johnny Podres, Sandy Koufax, Andy Messersmith, Don Sutton, Fernando Valenzuela, Hideo Nomo, Brad Penny, Zack Greinke, Hyun Jin Ryu and Clayton Kershaw.

AP MLB: https://apnews.com/hub/mlb

Pittsburgh Pirates pitcher Paul Skenes throws during the first inning of a baseball game against the Milwaukee Brewers Thursday, July 11, 2024, in Milwaukee. (AP Photo/Kayla Wolf)

Pittsburgh Pirates pitcher Paul Skenes throws during the first inning of a baseball game against the Milwaukee Brewers Thursday, July 11, 2024, in Milwaukee. (AP Photo/Kayla Wolf)

It's been almost a half-century since a Pittsburgh pitcher started the All-Star game

It's been almost a half-century since a Pittsburgh pitcher started the All-Star game

Pittsburgh Pirates pitcher Paul Skenes throws during the fourth inning of a baseball game against the Milwaukee Brewers, Thursday, July 11, 2024, in Milwaukee. (AP Photo/Kayla Wolf)

Pittsburgh Pirates pitcher Paul Skenes throws during the fourth inning of a baseball game against the Milwaukee Brewers, Thursday, July 11, 2024, in Milwaukee. (AP Photo/Kayla Wolf)

It's been almost a half-century since a Pittsburgh pitcher started the All-Star game

It's been almost a half-century since a Pittsburgh pitcher started the All-Star game

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