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Joel Momberg to retire as head of USF Foundation

The longtime leader is stepping aside.

University of South Florida Foundation CEO Joel Momberg is resigning his position, he announced in an email Friday.

“It is with a full heart and a touch of sadness that I make the following announcement today,” he wrote to faculty and staff.

Momberg’s retirement is effective Oct. 31, he said.

“I have had the privilege of leading two great organizations, USF Foundation and All Children’s Hospital Foundation for more than forty years,” he wrote. “At this point in my life, I feel it is time to step aside and allow others the same privilege.”

Momberg thanked supporters who have “created a legacy of philanthropy” at the university, his colleagues “who have been incredible partners throughout the years” and Foundation staff and administration.

He called them “the BEST (emphasis his) you will find in any institution.” 

The USF Foundation is the school’s fundraising arm. A request for additional information from USF is pending.

This is a breaking story. Please check back for updates.

Janelle Irwin Taylor has been a professional journalist covering local news and politics in the Tampa Bay area since 2003. Most recently, Janelle reported for the Tampa Bay Business Journal. She formerly served as the sole staff reporter for WMNF News and previously covered news for Patch.com and various local neighborhood newsletters. Her work has been featured in the New York Daily News, Free Speech Radio News and Florida Public Radio and she's been interviewed by radio stations across the nation for her coverage of the 2012 Republican National Convention. Janelle is a die-hard news junkie who isn't afraid to take on big names in local politics, including Tampa Mayor Bob Buckhorn, the dirty business of trash and recycling in St. Pete and contentious issues surrounding transit. Her work as a reporter and radio host has earned her two WMNF awards including News Volunteer of the Year and Public Affairs Volunteer of the Year. Janelle is also a devoted wife and mother to three brilliant and beautiful daughters who are a constant source of inspiration and occasional blogging fodder.

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