September 27, 2011
Contact: Mike Bento
bentom@cisnet.org

Arlington, Va. – Communities In Schools, the leading organization dedicated to empowering students to stay in school and achieve in life, is proud to announce the appointment of Rick Rieder, Chief Investment Officer of Fixed Income for BlackRock, to its national board of directors. Mr. Rieder, who previously served on the organization’s National Leadership Council, was appointed during the board’s latest convening in New York City.

“I am thrilled to be joining the Communities In Schools board. I have been involved with Communities In Schools for years, and I look forward to working even more closely to help serve the many deserving kids across this country,” said Rieder.

Mr. Rieder joined BlackRock in 2009. Prior to his time at BlackRock, he was President and Chief Executive Officer of R3 Capital Partners. He also served as Vice Chairman and member of the Borrowing Committee for the U.S. Treasury. From 1987 to 2008, he was with Lehman Brothers, most recently as head of the firm’s Global Principal Strategies team, a global proprietary investment platform. 

Mr. Rieder is also a member of the board of Emory University, Emory’s Business School, as well as the University’s Investment and Finance committees. In addition to this role, he serves as Chairman of the Board of the North Star Academy Charter Schools in Newark, New Jersey. Mr. Rieder earned a BBA degree in business from Emory University and an MBA degree from The Wharton School of the University of Pennsylvania.

“Rick is a philanthropic leader in education reform and we’re delighted he will be bringing his passion and unique insight to our board,” said Chairman Elaine Wynn.