July 24, 2006
ROMNEY APPOINTS JUDY M. PAGLIUCA TO TURNPIKE BOARD
Governor Mitt Romney today appointed Judy M. Pagliuca, a financial manager with a degree in mechanical engineering, to the Massachusetts Turnpike Authority Board of Directors, replacing Beth Lindstrom, who resigned effective immediately.
Pagliuca is a former executive of Fidelity Investments where she served as a portfolio manager specializing in corporate bonds and international bonds and currencies. Prior to her employment at Fidelity, she worked in sales and mortgage-backed securities for Salomon Brothers and was a project engineer with Quaker Oats.
“Judy is an experienced professional with a strong financial management background and a degree in engineering. I appreciate her willingness to serve as we continue the process of bringing new leadership to the Turnpike Authority,” said Romney.
Pagliuca has served as Treasurer, Finance Committee Chair and Investment Committee Chair for the Meadowbrook School of Weston. She holds a BS in Mechanical Engineering from the University of Illinois, Champaign-Urbana, and an MBA from Harvard Business School. She is also a member of the board of directors at MassDevelopment, the state’s business development agency.
Lindstrom, a Republican and former member of Romney’s Cabinet as director of consumer affairs, resigned from the board after it was learned that her July 1 appointment meant there were four Republicans on the five-person board. The law forbids the board from having more than three members from the same political party. Pagliuca is unenrolled, bringing the board back into balance.
Lindstrom never attended a board meeting and did not participate in any board actions, and so therefore no harm was caused by her appointment.
Pagliuca, of Weston, is married to Stephen Pagliuca, co-owner of the Boston Celtics and Managing Director at Bain Capital, and they have four children. She is actively involved in the community through her work with the Boston Celtics Shamrock Foundation, the Massachusetts Society for the Prevention of Cruelty to Children and Rosie's Place, which provides shelter and services to homeless women in Boston.
###
Comments (0)
You don't have permission to comment on this page.