Stacy Townsend – Board Member

In 1999 Stacey was recruited by a consortium of property and casualty insurance companies to organize and manage PCI. Her primary responsibilities include functioning as CFO, COO and Senior Lender. Stacey joined the Initiative after four years at MassBusiness Development Corporation, where she created and managed a subsidiary that specialized in loans to minority and women-owned businesses, community development groups and not-for-profit organizations. Prior to MassBusiness Stacey spent sixteen years working in various lending and management positions at the Bank of New England, BayBank and BankBoston. She is a graduate of Wellesley College and a native Bostonian.