The Drucker Institute announced today that Joseph Lumarda, a senior vice president and investment counselor for Capital Group Private Client Services and a vice president of Capital Guardian Trust Co., has joined its Board of Advisors.
Prior to joining Capital, Lumarda spent 16 years at the California Community Foundation as a program officer, vice president for development and executive vice president and chief operating officer. During that time, he also served as an independent director for Capital Research and Management Co.’s Endowment funds, a series of investment portfolios designed exclusively for nonprofit organizations.
“Joe brings a tremendous amount of experience and expertise from both the private and nonprofit sectors,” said Curt Pullen, the Drucker Institute’s chairman and executive vice president of Herman Miller. “As a social enterprise looking to deepen its impact on the world while also making itself financially viable for the long term, that’s just what the Institute needs.”
Earlier in his career, Lumarda spent three years active duty and five years in the reserves with the U.S. Navy as a lieutenant and Naval flight officer on the P3 Orion anti-submarine warfare aircraft. He earned a BA in philosophy from Saint John’s Seminary College and an EMBA from Claremont Graduate University’s Peter F. Drucker and Masatoshi Ito Graduate School of Management. He is a member of the board of The Center for Nonprofit Management, Asian Pacific American Legal Center, Give2Asia, Saint Joseph Healthcare Foundation and Pasadena Child Health Foundation.
“As someone who studied with Peter Drucker and then has spent a distinguished career in two sectors applying what he learned, Joe is a perfect person to help us connect our rich legacy with where we’re headed,” said Rick Wartzman, the Institute’s executive director.
Lumarda said he was proud to be joining the Drucker Institute board. “I was very fortunate to be a student and friend of Peter Drucker,” he said. “As Peter helped me in my career and life overall, I hope to give back to the Drucker Institute. I am honored to be part of the organization that is keeping Peter’s name, ideas and spirit alive.”