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The Podesta Announcement Email

October 24, 2011

Center for American Progress president John Podesta announced today that he is stepping down as head of the progressive powerhouse to become chairman of the board and will be succeeded Nov. 1 by Neera Tanden

In an email to staff obtained by the Alley, Podesta explains the move: 
By pulling out of the day-to-day, I will able to pursue two parallel objectives: Inside CAP, I intend to use this greater time and latitude to play an instrumental role in planning CAP's strategic growth, increasing our financial support, and drawing new initiatives into the organization.  On the outside, I will continue teaching as a visiting professor at Georgetown University Law Center and working part-time as an uncompensated senior advisor at the State Department.
Read the full email after the jump.
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