The Green Mountain Club today announced the choice of Will Wiquist as the organization’s new executive director. Wiquist is the first new director in more than a decade for the 101-year old, 10,000 member club which maintains Vermont’s Long Trail network and seeks to promote the role of the mountains in people’s lives.Wiquist previously served for more than three and a half years as press secretary for U.S. Sen. Bernie Sanders (I-Vt.). Among other public relations responsibilities, he managed the senator’s highly active social media presence including leading the way in building the largest Facebook page in the U.S. Senate. “We are really pleased to have Will Wiquist as our new Executive Director,’ said Marge Fish of Londonderry, president of the Green Mountain Club. ‘He brings great energy and enthusiasm to the job. He has already shown that he can review and absorb large amounts of information, interact with a diverse group of people, and triage the most important issues to work on. We look forward to a long and productive association with him.”Prior to working for Sanders, Wiquist worked as compliance director for now-Rep. Peter Welch’s 2006 campaign for Congress and a senior analyst for the Federal Election Commission. He also has extensive campaign experience in volunteer organizing. Wiquist has a Masters in Public Policy from American University and an undergraduate degree from Franklin and Marshall College.‘The Green Mountain Club is a wonderful Vermont institution led by dedicated volunteers and a talented and experienced staff. It is a great honor to be a part of this community,’ Wiquist said. Following the highly-successful tenure of Ben Rose as director, Wiquist began work Monday in the club’s Waturbury headquarters and visitor center on Route 100 headed into Stowe. Open seven days a week during the hiking season, and five days a week the rest of the year, the visitor center was completed in 2009 and is open to the public for maps, merchandise, hiking expertise and even free coffee.The Green Mountain Club is recognized by the state of Vermont as the “the founder, sponsor, defender, and protector” of the Long Trail system. With its 273-mile footpath, 175 miles of side trails, and nearly 70 primitive shelters, the Long Trail is the oldest long distance trail in the United States. In addition to the 445-mile Long Trail System, the club also maintains much of the Appalachian Trail and other hiking trail systems in Vermont in partnership with organizations including the U.S. Forest Service, Vermont Department of Forest, Parks and Recreation, and the Appalachian Trail Conservancy.Source: Green Mountain Club.
A source familiar with the departing managers’ concerns said there had been dissatisfaction within the industry over the principles – evident by the low level of backing among members – but added that the decision to let membership lapse was not down to any one issue.Reports also alleged that Aberdeen Asset Management and Invesco Perpetual were considering their continued membership.Invesco declined to comment, while Aberdeen could not be reached for comment at the time of writing. Daniel Godfrey, the association’s chief executive, said it would be “incredibly disappointing” if any asset managers were to leave the association.He said he would do everything he could to ensure managers’ continued membership.“Our very pro-active strategy to help a great investment management industry make investment even better can be uncomfortable at times,” he said.“But it is not only the right thing to do given the responsibility of managing other people’s money as their agents, it is essential in the post-global-financial-crisis world if we are to maintain the right to have influence over our future regulatory and legislative environment.” The UK’s asset management association is braced for the departure of two of its members, M&G and Schroders, after dissatisfaction over the work undertaken by the Investment Association (IA).The managers declined to comment on reports they would be leaving the association, but IPE understands that both – with combined assets of £565bn (€721bn) – would be letting their membership lapse at the end of this year.The association recently urged its members to increase transparency, publishing a list of 10 principles that only received support from a minority of members.Only 25 of the association’s 204 members, representing £1.8trn of its £5.5trn in assets, backed the principles, which said clients’ interests should be put ahead of those of the asset manager and called for more transparency on fees.