Welcome!

News Feed Item

Steven M. Hilton To Step Down As President And CEO Of The Conrad N. Hilton Foundation

Hilton will transition by the end of 2015 after 30 years, remain as Chairman of the Board.

LOS ANGELES, March 25, 2014 /PRNewswire-USNewswire/ -- On Tuesday, March 25, 2014, Steven M. Hilton, announced his retirement as President and CEO of the Conrad N. Hilton Foundation at the end of 2015. After 30 years at the Foundation and nearing his 65th birthday, Hilton stated that a new executive will be appointed to lead the Foundation in its next stage of evolution. Hilton is also the grandson of the founder, Conrad N. Hilton.

Steven M. Hilton To Step Down As President And CEO Of The Conrad N. Hilton Foundation

"When I joined the Hilton Foundation in 1983, I couldn't imagine the path that lay ahead," said Steven Hilton. "At that time, a handful of staff guided about $6 million in grants annually. Fast forward to today, and we have grown to a staff of over 50 and have awarded over a billion dollars in grants to improve the lives of disadvantaged and vulnerable people around the world."

Hilton was named President in 1998, CEO in 2005, and Chairman of the Board of Directors in 2012. In 2013, the Foundation awarded $92 million in grants and moved to a permanent campus in Agoura Hills, occupying a facility that earned LEED Platinum status.

"Steve Hilton is that rare leader whose foundation lies in his religious beliefs and his genuine humility, yet who can make tough business decisions," stated William G. Ouchi, Sanford & Betty Sigoloff Professor of Management at UCLA's Anderson School of Management and member of the Hilton Foundation's Board of Directors. "He has guided the Foundation into new program strategies and grown our impact while consistently growing our endowment at the same time. He has the additional task of serving as the representative of a famous family, which he does with style and friendliness. His influence on the Conrad N. Hilton Foundation will be felt for the next fifty years and more."

The Hilton Foundation will continue to conduct strategic initiatives in six priority areas: providing safe water, ending chronic homelessness, preventing substance abuse, helping children affected by HIV and AIDS, supporting transition-age youth in foster care, and extending Conrad Hilton's support for the work of Catholic Sisters. It will also continue awarding the $1.5 million Conrad N. Hilton Humanitarian Prize to a nonprofit organization doing extraordinary work to reduce human suffering.

"It is truly a blessing to see how the collective efforts of our team have improved the lives of disadvantaged and vulnerable people around the world," said Steven Hilton. "The Hilton family philanthropy legacy will continue to grow, as will the Foundation, with my father's pledge." Barron Hilton has committed to leave his personal fortune to the Foundation when he passes. His contribution will surpass the amount that his father, Conrad N. Hilton, initially left to the Foundation. As a result, this organization will likely become one of the dozen largest philanthropies in the United States—and will have greater resources to support domestic and international programs. 

The next Hilton Foundation President and CEO will lead a staff of more than 50. The search process is being led by a committee comprised of Foundation board members, and through the work of a well-regarded executive recruiting firm, Spencer Stuart.

For a full biography for Steven M. Hilton, visit:http://www.hiltonfoundation.org/steven-hilton

For a headshot, visit:http://www.mediafire.com/view/a5sj7lwvmi71e2r/Conrad%20N.%20Hilton-84.jpg

About the Conrad N. Hilton Foundation:
The Conrad N. Hilton Foundation was created in 1944 by international business pioneer Conrad N. Hilton, who founded Hilton Hotels and left his fortune to help the world's disadvantaged and vulnerable people. From its inception, the Foundation has awarded more than $1 billion in grants, distributing $92 million in the U.S. and around the world in 2013. The Foundation's current assets are approximately $2.4 billion. For more information, please visit www.hiltonfoundation.org.

Contact:
Dan Cohen, O:510.465.8294, C: 510.282.7621
Marc Moorghen, O: 818.851.3721, C: 213.608.2557

Photo - http://photos.prnewswire.com/prnh/20140325/DC90411 
Logo - http://photos.prnewswire.com/prnh/20131024/DC04255LOGO-b

Conrad N. Hilton Foundation.

SOURCE Conrad N. Hilton Foundation

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
StarNet Communications Corp has announced the addition of three Secure Remote Desktop modules to its flagship X-Win32 PC X server. The new modules enable X-Win32 to safely tunnel the remote desktops from Linux and Unix servers to the user’s PC over encrypted SSH. Traditionally, users of PC X servers deploy the XDMCP protocol to display remote desktop environments such as the Gnome and KDE desktops on Linux servers and the CDE environment on Solaris Unix machines. XDMCP is used primarily on comp...
SYS-CON Events announced today that StarNet Communications will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. StarNet Communications’ FastX is the industry first cloud-based remote X Windows emulator. Using standard Web browsers (FireFox, Chrome, Safari, etc.) users from around the world gain highly secure access to applications and data hosted on Linux-based servers in a central data center. ...