CEO announces retirement

a message from Bob Reid and Ann Utterback


September 6, 2019


To JF Maddox Foundation partners and friends:

This coming January, I will celebrate my 25thanniversary with JF Maddox Foundation, as its executive leader.   Serving the people of Lea County, in concert with our extraordinary staff and board, has been the highest privilege of my career, and I take genuine pride in the work we have undertaken and the progress we have achieved together.

Recently, I confirmed to our Board of Directors my intention to step down from my role at the foundation no later than December 31st, 2020.  As you will read below, the board has appointed an executive search committee, and the process to identify my successor will soon get underway.

We will have plenty of time for proper goodbyes in the coming months, but I wanted to share this news simultaneously with all our friends, partners and stakeholders.  Leadership changes can be challenging, but you should know I am even more excited about the foundation’s work today than I was upon first arriving nearly 25 years ago.  All of us here are committed to making the transition as smooth as possible, and, like all of you, I look forward to supporting my successor in any way possible.

With gratitude,

Bob Reid
JF Maddox Foundation



You will have read of Bob Reid’s decision to retire as CEO of the JF Maddox Foundation, effective by the end of 2020.  Bob has been integral to every grant, every initiative and every hire the foundation has undertaken these past two dozen years, and a future without him at the helm is difficult to contemplate.

The foundation and its staff have never been stronger or more committed to the future of Lea County, and we embark on the search for our next CEO in the sure knowledge that Bob has prepared us well for the compelling work ahead.

The board has appointed an executive search committee to oversee the search process, and we have retained BoardWalk Consulting as our search advisor.  Based in Atlanta, BoardWalk is a national firm focused exclusively on the leadership of foundations and the nonprofits they support.  Working closely with the committee and indeed the full board, BoardWalk will conduct a comprehensive national search to ensure we make the best possible appointment as CEO, whether that person is someone already invested in Lea County or is yet unknown to us.  We are clear that we are not looking for Bob’s replacement but rather for his successor.

In the coming months, we will post a Leadership Profile summarizing the board’s mandate for the next CEO and invite your recommendations as to any prospects we should consider by contacting BoardWalk directly at the following e-mail address:

Next year, as the search moves to conclusion, we will plan an appropriate way to bid Bob a fond farewell. In the meantime, please join me in celebrating Bob Reid’s remarkable tenure for these past 25 years.


Ann Maddox Utterback
Chair, Board of Directors
JF Maddox Foundation