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The Posse Foundation

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Cleveland Cavs GM Koby Altman, Lazard & Co. Managing Dir. of Investment Banking William M. Lewis, Jr. & Former CEO of Fleet Laboratories Rick Rizzo Elected to Posse Board

New York, NY, April 24, 2018 --( The Posse Foundation has welcomed Koby Altman, general manager of the Cleveland Cavaliers, Bill Lewis, the managing director and co-chair of investment banking at Lazard & Co., and Rick Rizzo, the former CEO of Fleet Laboratories, as members of its Board of Directors. Bill Whitaker, a correspondent of the news program 60 Minutes, has become a National Advisory Board member.

Koby Altman was named General Manager of the Cleveland Cavaliers in 2017. Altman has been a member of the Cavs front office for five years, previously as Assistant General Manager, in a front office that formulated a roster and coaching staff that have been to three straight NBA Finals, including winning the NBA Championship in 2016.

Prior to joining the Cavaliers, Altman served as an assistant coach at The Ivy League’s Columbia University for two seasons, was Team Manager for USA Basketball’s Under-17 team, assisted Team USA’s Under-19 team, and was a graduate assistant at Southern Illinois. He holds a master’s degree in sport management at the University of Massachusetts at Amherst, which he earned while coaching at nearby Amherst College. Altman, a native of Brooklyn, New York, played collegiately as an undergraduate Posse Scholar at Middlebury College, where he was a three-year starter at point guard. He joins The Posse Foundation Board of Directors as a proud alumnus of the program.

William M. Lewis, Jr., joined Lazard & Co. in 2004, where he has advised global corporations including ADT, American Express, Amgen, EnerSys, Fortress, Hess, Maytag, Metalmark Capital Partners, Owens Corning, Procter & Gamble, Silver Lake Partners, Smurfit Stone Container, Texas Instruments, Tyco, Whirlpool, and Xerox. In addition, Lewis is head of the firm’s Global Investment Banking Managing Director Promotion Committee.

Lewis graduated with honors from Harvard College in 1978 and received an MBA from Harvard Business School in 1982. Lewis was previously Managing Director of Morgan Stanley, becoming the firm’s first African-American Managing Director. He also spent time as head or co-head of the Global Banking Department, the Global Mergers & Acquisitions Department and Morgan Stanley Realty. His last position at Morgan Stanley was Co-Head of the Global Banking Department.

Rick Rizzo was CEO of Fleet Laboratories, a private equity owned company competing in the Consumer Healthcare market, from 2015 to 2017. Following a period of significant revenue and profit growth, the company was sold to Prestige Brands in January 2017. Rizzo was previously President of Johnson & Johnson’s Consumer Healthcare Global Business Unit, and President, North America for J&J’s Consumer Healthcare division. He graduated with a Bachelor of Arts degree in economics from Boston College.

Since the sale of Fleet Laboratories in 2017, he has supported a group of non-profit organizations, while also remaining active in advisory support in Private Equity. He and his wife reside in New Orleans and Montclair, NJ.

Bill Whitaker was named a 60 Minutes correspondent in 2014; the 2017-18 season is his fourth on the broadcast. In four decades as a journalist, he has covered major news stories domestically and across the globe for CBS News.

Whitaker was born in Philadelphia on August, 26, 1951; he was graduated from Hobart and William Smith Colleges with a bachelor’s degree in American history and from Boston University with a master's degree in African-American studies. Whitaker also holds a master's degree in journalism from the University of California, Berkeley. He was awarded an honorary Doctorate of Humane Letters from Hobart and William Smith Colleges in 1997.

About The Posse Foundation
Since 1989, The Posse Foundation has identified, recruited and trained more than 8,000 public high school students with extraordinary academic and leadership potential to become Posse Scholars. These students—many of whom might have been overlooked by traditional college selection processes—have received a total of more than $1 billion in four-year, full-tuition leadership scholarships from Posse’s partner institutions of higher education since the program’s inception. Posse extends to these students the opportunity to pursue personal and academic excellence by placing them in supportive, multicultural teams—Posses—of 10 students. Posse Scholars persist and graduate at a rate of 90 percent and make a visible difference on campus and throughout their professional careers.

For more about The Posse Foundation, visit
Contact Information
The Posse Foundation
Rassan Salandy
212 405 1691

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