PathStone Executive and Leadership Team

October, 2026

Leadership Overview

PathStone has 10 executives leading key functions including strategy, financial oversight, human resources, and operational management.

Committed to empowering economically distressed communities, PathStone delivers essential housing and social services to low-income families while fostering long-term regional stability through sustainable development initiatives.

Leadership Roles at PathStone

  • Chief Executive Officer - Alex Castro
  • President & Chief Executive Officer - Barbara LeDuc
  • Chief Financial Officer - Michelle Johnston
  • Director, Operations & Chief Financial Officer, Personal Services - Julia Sears
  • Chief of Staff - Emily MacCormack
  • Chief Human Resources Officer - Anne Babcock-Stiner
  • Managing Director - Matthew Thibault
  • Managing Director - Joseph Balducci
  • Managing Director - Michael Cafarchia
  • Managing Director - Myles Danielsen
  • Alex Castro - Chief Executive Officer

    Alex Castro, the Chief Executive Officer at PathStone, directs the overarching strategic vision for the organization. Castro manages the expansion of housing programs across diverse regions, ensuring alignment with the mission to support economically distressed communities. By coordinating with the Board, the Chief Executive Officer secures the necessary resources to scale social service delivery. Alex Castro maintains a focus on operational excellence, driving initiatives that improve the quality of life for low-income families. This leadership role involves navigating complex regulatory environments to maximize the impact of community development financial institution programs. Through rigorous oversight of organizational goals, the Chief Executive Officer fosters partnerships that strengthen the foundation of the non-profit. Ultimately, Castro ensures that all programs remain responsive to the evolving needs of the populations served, maintaining a clear trajectory for growth and community empowerment.

    Barbara LeDuc - President & Chief Executive Officer

    Barbara LeDuc, the President & Chief Executive Officer at PathStone, governs the daily execution of the non-profit mission. LeDuc oversees the integration of housing services with community development efforts, ensuring that every project addresses the specific needs of distressed populations. As the President & Chief Executive Officer, LeDuc manages high-level stakeholder relationships, building coalitions that support long-term financial sustainability. Barbara LeDuc drives the implementation of innovative service models that provide pathways to economic independence for families. This role requires constant monitoring of regional market conditions to adjust service delivery strategies effectively. By aligning internal resources with external community requirements, the President & Chief Executive Officer optimizes the reach of the organization. LeDuc maintains a focus on transparency and accountability, ensuring that all operations reflect the core values of the institution while delivering measurable improvements in community welfare.
    Barbara LeDuc

    Michelle Johnston - Chief Financial Officer

    Michelle Johnston, the Chief Financial Officer at PathStone, directs the fiscal health and financial reporting of the organization. Johnston manages the budgeting process, ensuring that resources are allocated effectively to support housing and social service programs. As the Chief Financial Officer, Johnston oversees the audit and compliance functions, maintaining the integrity of financial records. Michelle Johnston drives the development of financial strategies that ensure long-term stability and growth for the non-profit. This leadership role involves managing relationships with donors, grantors, and financial institutions to secure the necessary funding for operations. By providing accurate financial analysis, the Chief Financial Officer supports the executive team in making informed decisions about program expansion and resource management. Johnston maintains a focus on fiscal responsibility, ensuring that every dollar is utilized to maximize the impact on the economically distressed communities that the organization serves.

    Julia Sears - Director, Operations & Chief Financial Officer, Personal Services

    Julia Sears, the Director, Operations & Chief Financial Officer, Personal Services at PathStone, directs the operational workflows for individual support programs. Sears manages the financial oversight specifically for personal services, ensuring that funds are distributed efficiently to those in need. As the Director, Operations & Chief Financial Officer, Personal Services, Sears coordinates the delivery of social services to ensure that families receive timely and effective assistance. Julia Sears drives the integration of operational data into financial planning, allowing for more precise resource allocation. This leadership role involves managing the logistics of service delivery and ensuring that all programs meet quality standards. By balancing operational demands with financial constraints, the Director, Operations & Chief Financial Officer, Personal Services ensures that the organization remains agile and responsive. Sears maintains a focus on improving service outcomes, ensuring that the personal services division contributes significantly to the overall mission of community empowerment.

    Emily MacCormack - Chief of Staff

    Emily MacCormack, the Chief of Staff at PathStone, coordinates the administrative and strategic functions of the executive office. MacCormack manages the flow of information between departments, ensuring that leadership remains aligned on key organizational priorities. As the Chief of Staff, MacCormack facilitates communication with the Board and external partners to support the mission of the non-profit. Emily MacCormack drives the execution of special projects that cross functional boundaries, ensuring that initiatives are completed on time and within scope. This leadership role involves preparing briefings and reports that inform executive decision-making processes. By streamlining internal processes and fostering collaboration, the Chief of Staff enhances the overall efficiency of the organization. MacCormack maintains a focus on organizational health, ensuring that the executive team has the support and resources necessary to drive the mission forward while addressing the needs of the communities served.

    Anne Babcock-Stiner - Chief Human Resources Officer

    Anne Babcock-Stiner, the Chief Human Resources Officer at PathStone, directs the talent management and organizational culture initiatives. Babcock-Stiner manages the recruitment, training, and retention of staff members who deliver essential services to the community. As the Chief Human Resources Officer, Babcock-Stiner oversees the development of policies that promote a supportive and inclusive work environment. Anne Babcock-Stiner drives the implementation of performance management systems that align individual contributions with the broader mission of the organization. This leadership role involves managing employee benefits and ensuring compliance with labor laws across all operational regions. By fostering professional development and employee engagement, the Chief Human Resources Officer ensures that the team remains motivated and capable of meeting the needs of the populations served. Babcock-Stiner maintains a focus on building a resilient workforce that is prepared to tackle the challenges of community development and social service delivery.
    Anne Babcock-Stiner

    Matthew Thibault - Managing Director

    Matthew Thibault, the Managing Director at PathStone, architects the strategic framework for real estate development projects. Thibault manages the acquisition and rehabilitation of housing units, ensuring that all construction meets the standards required for low-income family support. As the Managing Director, Thibault coordinates with local government agencies to secure funding and permits for critical infrastructure improvements. Matthew Thibault drives the operational efficiency of development teams, focusing on cost-effective solutions that maximize the number of available housing units. This leadership role involves evaluating project feasibility and managing risks associated with large-scale community investments. By overseeing the lifecycle of development initiatives, the Managing Director ensures that projects remain on schedule and within budget. Thibault maintains a commitment to creating safe, affordable environments that serve as the foundation for community growth and individual stability across the operational footprint.

    Joseph Balducci - Managing Director

    Joseph Balducci, the Managing Director at PathStone, directs the financial strategy for community development lending programs. Balducci manages the portfolio of loans provided to small businesses and community projects, ensuring that capital reaches the most economically distressed areas. As the Managing Director, Balducci oversees the underwriting process and monitors the performance of the lending division. Joseph Balducci drives the expansion of financial services, identifying new opportunities to support local entrepreneurs and non-profit partners. This leadership role involves maintaining compliance with federal and state regulations governing community development financial institutions. By analyzing market trends and credit risks, the Managing Director ensures the long-term viability of the lending fund. Balducci fosters relationships with banking partners to increase the availability of capital, ultimately supporting the broader mission of economic revitalization and community empowerment through targeted financial interventions.

    Michael Cafarchia - Managing Director

    Michael Cafarchia, the Managing Director at PathStone, oversees the implementation of workforce development and employment training programs. Cafarchia manages the curriculum and delivery of services designed to help low-income individuals gain the skills necessary for sustainable careers. As the Managing Director, Cafarchia coordinates with regional employers to identify labor market needs and align training initiatives accordingly. Michael Cafarchia drives the success of job placement efforts, ensuring that participants transition effectively into the workforce. This leadership role involves managing grant funding and reporting on the outcomes of employment programs to stakeholders. By focusing on measurable skill acquisition and career advancement, the Managing Director supports the economic mobility of the families served. Cafarchia maintains a focus on continuous improvement, refining training models to stay relevant in a changing economy while ensuring that all programs contribute to the overall mission of community development.

    Myles Danielsen - Managing Director

    Myles Danielsen, the Managing Director at PathStone, directs the strategic planning for energy efficiency and weatherization programs. Danielsen manages the technical teams responsible for upgrading housing stock to reduce utility costs for low-income families. As the Managing Director, Danielsen oversees the procurement of materials and the management of contractor relationships to ensure high-quality service delivery. Myles Danielsen drives the adoption of sustainable building practices, aligning organizational goals with environmental stewardship and cost reduction. This leadership role involves managing complex project timelines and ensuring compliance with energy efficiency standards. By optimizing the performance of residential properties, the Managing Director directly impacts the financial stability of the households served. Danielsen maintains a focus on scaling these programs to reach more communities, ensuring that the benefits of energy efficiency are accessible to those who need them most while supporting the broader organizational mission.

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    Frequently Asked Questions Regarding PathStone Top Executives and Leadership Team

    Who leads PathStone?
    PathStone is led by Alex Castro (Chief Executive Officer), along with executives such as Barbara LeDuc (President & Chief Executive Officer) and Michelle Johnston (Chief Financial Officer).
    Who is part of PathStone’s executive team?
    The executive team of PathStone includes leaders such as Alex Castro (Chief Executive Officer), Barbara LeDuc (President & Chief Executive Officer), Michelle Johnston (Chief Financial Officer) and other senior executives.
    How many executives does PathStone have?
    PathStone has 10 executives leading key business areas.
    What roles are included in PathStone’s leadership team?
    The leadership team of PathStone includes roles such as Chief Executive Officer, President & Chief Executive Officer, Chief Financial Officer, Director, Operations & Chief Financial Officer, Personal Services, Chief of Staff.