Charlestown, MA- Charles T. (Chuck) Grigsby, President of Mass Growth Capital Corporation, informed the board at a recent meeting that he intended to step down at the end of January 2014.
“This is the right time for MGCC to elect new leadership for the long term. The team has built a very credible lending record with a strong portfolio. That has generated the opportunity to arrange for additional loan capital for MGCC from the private sector. MGCC has a bright future”, Grigsby added.
Grigsby plans to continue in his role as a Director of Boston Private Bank and Trust Co. where he Chairs the Directors Loan Committee, as well as serving as a Director of the Neighborhood House Charter School, and the Massachusetts Housing Investment Corp. He plans to serve on other boards as well as make time available for consultant work.
The Massachusetts Growth Capital search committee will conduct a search for a new President. Interested candidates please see the link below.