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8<br />
ownersHiP<br />
ExECuTIvE COMMITTEE<br />
wyCliffe “wyC” GrousbeCk<br />
Managing Partner, Governor and Chief Executive Officer<br />
Wycliffe Grousbeck has been Managing Partner, Governor and CEO of the Boston Celtics since<br />
December 2002, after organizing and leading a local investment group that purchased the<br />
team.<br />
Wyc named the investment group “Banner 17 LLC” to signify his primary goal, returning the<br />
Celtics to contention for their 17th World Championship. That goal was achieved on June 17,<br />
2008, as the Celtics defeated the Lakers by 39 points and became World Champions for the<br />
first time in 22 years.<br />
In January 2010 Wyc became Chairman of the Massachusetts Eye and Ear Infirmary. Mass. Eye<br />
and Ear is a teaching hospital of Harvard Medical School and has been a world leader in advanced research and patient care,<br />
preventing and treating vision and hearing loss, for almost 200 years. It is the largest vision research center in the world. Wyc’s<br />
family has been touched by blindness, and he and his family have been devoted to research and educational initiatives relating<br />
to blindness and other conditions for many years. Wyc founded and co-directs a genetic therapy research project targeting<br />
CEP-290 related blindness, involving eight leading medical institutions and 12 prominent medical researchers (four of whom<br />
are Howard Hughes Investigators). His family was honored to endow the Grousbeck Professorship in Pediatric Hematology/<br />
Oncology at the Harvard Medical School, currently held by Leonard Zon, MD, a leader in stem cell research and cancer biologics.<br />
Prior to purchasing the Celtics with his partners, Wyc served as a General Partner of Highland Capital Partners, co-managing<br />
$1.8 billion in venture capital funds. He led successful investments in medical technology, software and health care services.<br />
His earlier career included four years as a venture capital lawyer in Silicon Valley and two years as a manager in a public<br />
biotech <strong>com</strong>pany.<br />
His wife, Corinne, is Founder and Chair of the Trust Board at Perkins School for the Blind (Watertown, MA), an institution devoted<br />
to educating blind and deaf/blind students worldwide. Corinne has also served for many years on the Trust Board of Children’s<br />
Hospital Boston. Wyc and Corinne are also involved in the Boston Celtics Shamrock Foundation; Boys and Girls Clubs of Boston;<br />
National Braille Press; Horizons for Homeless Children; Cradles to Crayons; and the Lovelane Special Needs Riding Program.<br />
Wyc holds a bachelor’s degree in history from Princeton University (1983), a law degree from the University of Michigan (1986)<br />
and an MBA from Stanford Business School where he was a Miller Scholar (1992). At Princeton he rowed on the undefeated<br />
varsity eight that claimed the Ivy League and national rowing championships in 1983.<br />
H. irvinG GrousbeCk • Managing Partner<br />
H. Irving Grousbeck is a Managing Partner of the Boston Celtics as well as an Executive Committee<br />
Member.<br />
Father of Managing Partner & Governor Wyc Grousbeck, Mr. Grousbeck is a Consulting Professor<br />
or Management at Stanford University’s Graduate School of Business, and co-head of<br />
the school’s Center for Entrepreneurial Studies. His teaching focuses on an objective means<br />
to develop a greater understanding of the issues faced by entrepreneurial <strong>com</strong>panies and<br />
individuals. In addition to his professorial duties, Grousbeck co-authored the textbook New<br />
Business Ventures and the Entrepreneur. From 1981 to 1985, he was a lecturer at Harvard<br />
University’s Graduate School of Business Administration.<br />
In 1963, Grousbeck co-founded Continental Cablevision and went on to serve as that <strong>com</strong>pany’s President from 1964 to 1980<br />
and Chairman of the Board from 1980 to 1985. Continental Cablevision was sold to U.S. West Media Group in November 1996.<br />
Mr. Grousbeck is a graduate of Amherst College and the Harvard Business School. He was awarded an honorary Doctor of<br />
Humane Letters degree by Amherst College in 2000. He serves on a number of private <strong>com</strong>pany boards and was formerly<br />
a Trustee of Children’s Hospital Boston, Newton-Wellesley Hospital, New England Eye Bank, the Hewlett Foundation, and the<br />
Massachusetts Board of Higher Education.