Board of Directors

MIT Federal Credit Union's Board of Directors are volunteers who are elected by our members to manage the credit union in a manner that keeps the MIT community's best interests at heart. The Board of Directors take on multiple responsibilities on behalf of members:

  • Set policy and strategic direction for the credit union
  • Ensure the credit union maintains a sound financial condition
  • Foster open communication with members while educating members on services
  • Review the chief executive officer's progress in achieving goals and objectives
  • Report on the credit union's progress to members at its annual meeting (Read the most recent Annual Report)

Meet Our Current Board Members

David E. Markuson

David E. Markuson

Chairman
Principal Director of Finance, Draper Laboratory

Mr. Markuson was a member of the MITFCU Supervisory Committee for 3 years, serving as Secretary for the committee for much of that time before transitioning to the Board of Directors in 2013. He was the recipient of the Credit Union National Association (CUNA) Board of Directors, Filene, Raiffeisen, Supervisory Committee, and Credit Committee Awards. He is currently the Principal Director of Finance for Charles Stark Draper Laboratory in Cambridge, responsible for the accounting, financial planning, and treasury operations functions for the Laboratory. He has held a variety of positions in corporate finance, including Director of Financial Planning & Treasury for Draper Labs, Controller and Director of Treasury Services for Abt Associates, Inc., and Assistant Controller for TASC, Inc. He also volunteers on the Board of Burlington Baseball and Softball Association. Mr. Markuson earned his MBA from Northeastern University, and has a BS in Quantitative Business Analysis from Pennsylvania State University.
 

Richard B. Flanagan

Richard B. Flanagan

Vice Chairman
Senior Manager, Draper Laboratory

Mr. Flanagan has held a variety of positions at Draper Laboratory during the past thirty-four years. He holds an MBA from Bentley College. Prior to joining the board, Mr. Flanagan was a member of the Credit Union’s Supervisory Committee for over three years. He was elected to the board of directors six years ago and has had the pleasure of serving as Chairman for the past three years, stepping down from the position after the 2013 term. This experience has given him significant insight into the operation of the Credit Union. He is excited to play a small role in the success of this outstanding organization and the value it offers to its members. Mr. Flanagan has successfully completed thirty-five courses in the Credit Union National Association Volunteer Achievement Program and has received eight awards, including the Credit Union Achievement Award. Mr. Flanagan brings fresh insight, a solid work ethic, and a genuine interest in the Credit Union to his position. He is an avid athlete who enjoys hockey, handball, soccer, and running, and he is a volunteer with youth sports and the Cambridge Public Schools.

Robert M. Dankese

Robert M. Dankese

Treasurer
Retired MIT Employee 35 Years of Service

Mr. Dankese was employed as an Assistant Director of the MIT Office of Budget and Financial Planning, a Budget Director, and an Assistant Director of the Office of Sponsored Programs, in addition to working in the Controller’s Accounting Office at MIT. He is currently the Treasurer of the Board of Directors and a member of its Executive Committee, also serving as Chair of the Asset/Liability Management (ALCO) and Investment and Functions Committees. Mr. Dankese has served as the Chairman of the Board of Directors and Executive Committee (2003-2005), the President of the Board of Directors and Executive Committee (1990-1992) and the Chair of the Facilities, Banquet & Functions, Marketing and Planning Committees. He was also a member of the Election Process Review Committee. Mr. Dankese is the recipient of the Credit Union National Association (CUNA) Basic, Filene, Raiffeisen, Bergengren, Desjardins, Herring, Maxwell, and Credit Union Leadership and Technology Awards. In 2009, he was awarded the 30 Years of Exceptional Service Award by the Credit Union. He began his Credit Union service as a member of the Supervisory Committee. Over the years, he has successfully championed the addition of MIT Graduate and Undergraduate students to our field of membership as well as the addition of more operating space at Technology Square and the Student Center. He also helped in adding new products and services such as IRAs, Mutual Funds and Shared Branching.

Francesca DeMeo

Francesca DeMeo

Secretary
Director of Analytics, Cambridge Select Inc.
Research Scientist, MIT

Dr. DeMeo received her Bachelor degrees from MIT in 2006, and her M.S. in Planetary Science from MIT in 2007. She was a Fulbright Scholar in France during her doctoral work and earned her PhD in Astronomy and Astrophysics from the Paris Observatory in France in 2010. After a postdoctoral position at MIT and a Hubble Fellowship at Harvard, Dr. DeMeo is currently a Research Scientist for the Department of Earth, Atmospheric, and Planetary Sciences at MIT. Dr. DeMeo serves as Secretary of the Board of the Governor's Academy, the oldest private boarding highschool in America. Francesca is also the Director of Analytics at Cambridge Select Inc., an e-commerce company she co-founded in 2011 that was recently named one of the Inc. 500 fastest-growing private US companies.

John M. McDonald

John M. McDonald

Director
Director of Business Services and Technology, MIT Division of Student Life

Mr. McDonald currently works as the Director of Business Services and Technology within the Division of Student Life at MIT. This group is comprised of the Audio-Visual, Endicott House, and TechCASH departments. He started working at MIT in 1995 as the Director of Parking and Transportation for Standard Parking, and became an MIT employee in 1999. Mr. McDonald has been a volunteer with MIT Federal Credit Union since November 2007 when he was appointed to the Supervisory Committee. In January 2009, and again in June 2009, the MITFCU Board of Directors appointed Mr. McDonald as an interim director to complete the term of a retiring member. He believes in and supports the credit union mission, which is to provide quality financial products and services to its member-owners. Mr. McDonald finds it deeply satisfying to work for the betterment of the Credit Union and its members instead of for the benefit of anonymous shareholders, since it has a direct impact on the MIT community. In addition to his volunteer work with the credit union, Mr. McDonald is heavily involved in youth sports. He enjoys coaching his three boys in different sports, along with being on the board of directors for two leagues.

Clinton Blackburn

Clinton Blackburn

Director
Software Engineer, Stripe

Mr. Blackburn graduated from MIT in 2008 with a degree in Computer Science and is currently a software engineer at Stripe. Mr. Blackburn is the founder and president of The Blackburn Foundation, a non-profit organization dedicated to the promotion and access to K-12 education in the Dallas Independent School District. Mr. Blackburn also serves on the board of the MIT Alumni Association and is a member of the William Barton Rogers Society. In addition to his work within the MIT Community, Clinton is a photographer and acrobat.

Laura Zhivich

Laura Zhivich

Director
Tax Manager, AMG, Inc.

Laura Zhivich currently works for AMG, Inc., and has spent nearly ten years working at public accounting firms including PriceWaterhouseCoopers, KPMG and Deloitte and has held a Certified Public Accountant license for over a decade. Professionally, she has spent her career preparing quarterly and year-end tax provision documents as well as overseeing SEC regulation disclosures and assisting with US, state and foreign compliance requirements for companies. She brings a wealth of knowledge and experience on financial and tax related topics as well as corporate strategic planning. Ms. Zhivich looks forward to the opportunity to use her background to assist in determining the course of the credit union in the future and taking on a role that will have the best interests of the credit union at heart. Ms. Zhivich earned her MS from Bentley University, and has a BA from Wellesley College.

Steven Winig

Steven Winig

Director
Global Head of Client Services, Novartis Institute for BioMedical Research

As the Global Head of Client Services at the Novartis Institutes for BioMedical Research, Mr. Winig is leading an international transformation of informatics support from a reactive culture to a customer-centric philosophy that is integrated into the scientific areas of Novartis. From revamping credit and collections strategies at Fortune 100 companies as a Principal at American Management Systems (now CGI), to developing a practical project management framework as a Senior Manager in MIT’s central IT organization, to pioneering a startup methodology as the Director of Computer-Ed High Tech Camps (now Emagination), Mr. Winig has a proven track record of focusing organizations and programs by identifying success criteria, building consensus, establishing trusted partnerships, and motivating teams to deliver concrete results within defined timeframes. Mr. Winig holds a B.S. in Computer Science from The Johns Hopkins University, where he also earned minors in Psychology and Mathematical Sciences. Mr. Winig is an active member of Brandeis University’s Graduate Professional Studies Advisory Board for Project and Program Management. Personally, he enjoys playing soft ball and visiting National Parks with his wife and 2 daughters.

Jack Wolfe

Jack Wolfe

Director
Senior Consultant, MOR Associates, Inc.

With more than forty years of management, sales, manufacturing and financial experience spanning a number of industries, Mr. Wolfe continues to provide strategic direction and guidance to organizations, both large and small.  He has successfully managed larger operations in diverse markets with more than $100 million in sales.  As a group, division or manufacturing manager, Mr. Wolfe worked for companies such as EG&G, Litton Industries and the General Electric Company. Later in his career Mr. Wolfe became a full-time entrepreneur by joining Metrisa, an analytical instrumentation firm.  Mr. Wolfe is active in his community as well, having served a number of non-profit organizations such as Bryant University.

Mr. Wolfe received an S.M. from the Massachusetts Institute of Technology as an Alfred P. Sloan Fellow, and a Bachelor of Science (E.E.) from Worcester Polytechnic Institute.  He also completed the 91st Advanced Management Program at the Harvard Business School.  Mr. Wolfe enjoys squash, community activities, work and travel.