NewSchools Venture Fund Board names Stacey Childress as CEO
OAKLAND, Calif., May 13, 2014-- NewSchools Venture Fund today announced that its Board of Directors has named Stacey Childress as Chief Executive Officer to lead the venture philanthropy's support of innovation in K-12 education.
"Stacey brings to NewSchools a deep understanding of education entrepreneurship and innovation," said Dave Goldberg, NewSchools board member and CEO of SurveyMonkey.
"But it is Stacey's
track record as a bold investor in people and ideas with the potential to accelerate learning for underserved students that has us most excited about NewSchools'
For more than 15 years, NewSchools
has provided startup and scale-up capital and strategic counsel to leading education entrepreneurs and harnessed their energy and vision to solve the biggest challenges in public education.
has been on the cutting edge of some of education's most promising new practices including high-quality public charter school networks, education technology and practice-based professional development programs for teachers.
Childress joins NewSchools from the Bill & Melinda Gates Foundation where she led the team responsible for next-generation learning, supporting nearly 200 ed-tech and school entrepreneurs during her four years there.
In 2012, Forbes
on its Impact 15 list, a group of innovators revolutionizing education globally.
"Throughout each phase of its history, NewSchools
has identified the biggest opportunities for impact and supported entrepreneurs with the passion to pursue them," Childress
"Today's students are the most diverse, connected generation in history, and they deserve learning experiences that meet them where they are and help them realize their most ambitious aspirations.
I look forward to working with the NewSchools
team to support innovators working on this challenge."
Before joining the Bill & Melinda Gates Foundation, Childress was on the faculty at Harvard Business School where she developed and taught a course on education entrepreneurship and advised large urban districts.
During a decade in the private sector, she was on the founding team of an enterprise software company after rising through the sales and management ranks at ADT Security Services.
She also spent time in a public high school classroom as a substitute English teacher in Texas.
will succeed Ted Mitchell, who was confirmed last week as U.S. Undersecretary
"Stacey understands the big challenges we are facing as a country when it comes to educating all kids well and the important role entrepreneurship plays in tackling those challenges," said KIPP Foundation CEO Richard Barth.
will join NewSchools full time in late July.