Knowledge that Transforms

2017 AND 2018 SAW MULTIPLE CHANGES for the Econometric Society. A fundraising initiative launched in November 2016 brought in 2017 donations of $120,024. A subcommittee of the Executive Committee negotiated a new publishing contract starting in 2019 that will move all printing and distribution to Wiley-Blackwell in a deal expected to increase annual publishing revenues by $100,000 or more. Additionally, Wiley-Blackwell provided a $150,000 signing bonus to the Society in 2018. Coupled with the institutional bundling deal negotiated in 2015, the previously struggling publishing business is turning around. In January 2018, Enrique Sentana was formally elected as the Society’s Executive Vice President (EVP) replacing EVP Bernard Salanié, who stepped down at the end of April after four years of distinguished service to the Society, leaving it in a stronger financial and organizational position. Furthermore, Claire Sashi stepped down as General Manager and Lyn Hogan replaced her in March 2018. As part of the EVP transition, the Society severed ties with Chase Bank and Fidelity Investments, moving to Wells Fargo and Vanguard respectively. The move was due to Chase and Fidelity restrictive policies regarding non-resident foreign nationals banking in the U.S.