NC News Source: Nonprofits prepare for baby boomer leaders’ retirement

From North Carolina News Source:

WINSTON-SALEM, N.C. – Now that the economy is improving and 401(k) plans are recovering, Baby Boomers are looking to retire – including those who work for the hundreds of nonprofit organizations in North Carolina. The issue is prompting a statewide initiative to help those organizations plan for changes in leadership. Peter Laroche, president and CEO of Financial Pathways of the Piedmont, has no immediate plans to step down, but nonetheless he began working with his staff and board last year to make sure a plan was in place.

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