Employee Ownership Expansion Network Hires Director of Development

The Employee Ownership Expansion Network is pleased to announce the hiring of Cher Mollé as its first Director of Development. In this role, Cher will play a key part in supporting Employee Ownership Expansion Network’s mission to expand employee ownership across the United States by establishing and supporting a network of State Centers for Employee Ownership, using employee ownership as a tool to help reduce income and wealth disparity, increase community wealth, and create a more vibrant, participatory economy.

In the Director of Development role, Cher will be working to identify funding opportunities for Employee Ownership Expansion Network to support the organization’s critical work centered around employee ownership. Cher will establish and build upon current relationships with government, charitable, and individual funders and donors to help grow the Employee Ownership Expansion Network’s donor base. As part of her development work, she will also engage in outreach and awareness-raising on behalf of the organization.

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Over the course of the last seven years, Cher has worked with a diverse portfolio of local, national, and international nonprofit organizations. She has worked in public policy, community development, economic development, and educational institutions. Most relevant to the work she will be doing with the Employee Ownership Expansion Network, Cher served as the Vice President of Development and Marketing at FINANTA, a Community Development Financial Institution in Philadelphia, where she secured millions of dollars in annual community and economic development funding through her work at the organization.

Cher’s commitment to community and economic development extends beyond her work. At home in Philadelphia, she serves on the Board of Directors of her local Community Development Corporation and as the Founding Director of LoHo Community Fund, an initiative to bring community members together and raise funding for safety, greening, and beautification projects in her neighborhood. She has also served as the Vice President and Greening Committee Chair of her local Civic Association and has provided pro-bono consulting services to her local Business Improvement District.

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“After three years of growing the Employee Ownership Expansion Network from a startup organization to a network of 10 state centers, the board members and I are excited to welcome Cher as our first Director of Development. Her extensive experience in nonprofit fundraising and marketing will be extremely beneficial in helping us increase our capacity to better match the opportunity before us. With 2.9 million baby boomers set to transition the ownership of their businesses in the next five to seven years, this is a critical time for us to try and create more employee owners in the United States” says Employee Ownership Expansion Network’s Executive Director, Steve Storkan.

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