News Industry/Other

A Message from the Board Chair of NTCIC

Written By: NTCIC

Dear NTCIC Network,

On behalf of the NTCIC Board of Directors, I am pleased to welcome Suzanne Brown as NTCIC’s Interim President and Chief Executive Officer upon Merrill Hoopengarder’s departure on December 1, 2022.

Suzanne is an accomplished senior manager and corporate accountant with over thirty years of experience, two decades of which specialized in tax credit syndication and New Markets Tax Credit (NMTC) financial accounting and compliance.

Suzanne joined NTCIC in 2009 as the company’s Controller, and for the past 13 years, she has successfully overseen the organization’s accounting, human resources, administration, and NMTC compliance activities. During her tenure, she has helped lead the organization in 8 successful NMTC allocation awards, and currently oversees the compliance of over $200 million in NMTC allocation across more than 30 investments.

Suzanne has demonstrated extraordinary dedication and skill during her tenure at NTCIC. She is a steadfast leader and consistently showcases her expertise in the field, management strength, and readiness to take on new challenges. Having worked closely with Suzanne in recent years to manage the organization’s day-to-day operations, I know she is uniquely positioned to maintain the organization’s momentum during the search for the next leader.

Suzanne will serve as the Interim President and CEO effective December 1, 2022, when Merrill vacates the position and will remain until a permanent replacement is named, expected by Summer 2023.

Please join me in welcoming Suzanne and thanking her for her willingness to take on this role!

Best regards,

Lauri Michel