The Community Foundation for Southeast Michigan’s board of trustees elected David Provost as its new chairman, succeeding James B. Nicholson, who will remain a trustee through 2024.
“We are excited to work with David to move the Community Foundation forward,” says Richard (Ric) DeVore, president of the Foundation for Southeast Michigan. “David’s wealth of knowledge in the community and financial spaces will serve us well as we chart our strategic plan to be a collaborative resource for the residents of southeast Michigan and our donor partners.”
Provost is the retired CEO of TCF Bank, having orchestrated its $6.9 billion sale to Huntington Bank in 2021. Provost has been on the Community Foundation Board of Trustees since 2011, serving on the executive and investment committees, Legal Financial Network, and the Detroit Area Dealers Association (DADA) Fund Advisory Committee.
Nicholson has served as board chair since 2014. Provost becomes the fifth chairman in the foundation’s 39-year history.
“Jim Nicholson embodies the spirit of someone giving their time, talent and treasure to support organizations serving our community,” says DeVore. “From the foundation’s role in the Grand Bargain, to the evolution of the New Economy Initiative, to growing one of the top 25 community foundations in the country, Jim’s steady leadership enabled the Board of Trustees and staff to positively impact our region. We are thankful he will continue to serve as a trustee.”
