• Celtics CEO to Speak at Graduate Business School Commencement

5/6/2010

Wycliffe "Wyc" Grousbeck, managing partner, governor, and CEO of the Boston Celtics, will be the speaker at the Sawyer Business School's graduate student commencement exercises at 9:30 a.m. on Saturday, May 22 at the Sheraton Boston Hotel.

Grousbeck has been involved with the Celtics since December 2002 after organizing and leading a local investment group that purchased the team. He is the NBA governor of the Celtics, the chair of the NBA Planning Committee, and is a member of the NBA Labor Relations, Finance, Compensation and Audit committees.

He named the investment group "Banner 17 LLC" to signify his primary goal, returning the Celtics to contention for their 17th World Championship. He was honored to accept the championship trophy on June 17, 2008 when the Celtics defeated the Lakers by 39 points and became world champions for the first time in 22 years.

Grousbeck was named chairman of the Massachusetts Eye and Ear Infirmary, a teaching hospital of Harvard Medical School, in January 2010. 

Prior to purchasing the Celtics with his partners, Grousbeck served as a general partner of Highland Capital Partners, co-managing $1.8 billion in venture capital funds. He led successful investments in medical technology, software and health care services. His earlier career included four years as a venture capital lawyer in Silicon Valley and two years as a manager in a public biotech company.

Grousbeck's wife Corinne is founder and chair of the Trust Board at Perkins School for the Blind in Watertown, and has served on the Trust Board of Children's Hospital Boston for many years. The Grousbecks are also involved in the Boston Celtics Shamrock Foundation; Boys and Girls Clubs of Boston; National Braille Press; Horizons for Homeless Children; Cradles to Crayons; and the Lovelane Special Needs Riding Program.

Grousbeck holds a bachelor's degree in history from Princeton University, a law degree from the University of Michigan, and an MBA from Stanford Business School where he was a Miller Scholar.

He will receive an honorary doctor of commercial science degree at the University's College of Arts and Sciences and Sawyer Business School undergraduate commencement exercises at 2 p.m., Sunday, May 23 at the Bank of America Pavilion on Boston's waterfront.


 

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