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— The settlement of a lawsuit focused on control of the San Francisco-area’s $600 million Koret Foundation will result in the founder’s widow and its longtime president leaving the foundation’s board. Under the settlement, Susan Koret, widow of founder Joseph Koret, is retiring from the board immediately. Tad Taube, a foundation trustee for the past 37 years, will retire on…
) — A settlement has been reached in a case that focused on control of the $500 million Koret Foundation, that pitted its founder’s widow, Susan Koret, against its former president and current board member, Tad Taube. The settlement was approved on Wednesday in San Francisco Superior Court, J., the Jewish news weekly of Northern…
Jewish philanthropist Tad Taube will be stepping down this year from his longtime post as president of the Koret Foundation. Taube, who has been Koret’s president since 1982, announced last week that he will not run for re-election when his current term expires in June. But he will stay on until a new president is…
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