Press Releases

July 5, 2016

San Francisco Ballet Names Carl F. Pascarella as Chair of the Ballet's Board of Trustees

SAN FRANCISCO, CA, Tuesday, July 5, 2016—San Francisco Ballet’s Board of Trustees announced the election of Carl F. Pascarella as the new chair of the Board and Executive Committee, for a three-year term beginning July 1, 2016.

Mr. Pascarella succeeds current Board Chair John S. Osterweis, who has served in that position since July 1, 2011. Mr. Osterweis was named immediate past chair, effective immediately. Mr. Pascarella and Mr. Osterweis will serve alongside Chair Emeritus Chris Hellman; Vice Chairs Margaret G. Gill, James H. Herbert II, Lucy Jewett, James D. Marver, and Diane B. Wilsey; Treasurer Nancy Kukacka; Secretary Jennifer Jordan McCall; and Assistant Secretary Susan S. Briggs, who were each elected to a three-year term in their respective positions.

“Not only is Carl a long-term trustee who has distinguished himself with his steadfast leadership and commitment to the Ballet, but he also has extensive experience and impressive successes in both the for-profit and non-profit sectors. This combination makes him a natural choice for this position and I look forward to collaborating closely with him,” said SF Ballet Executive Director Glenn McCoy.

McCoy added, “We are also grateful to Immediate Past Chair John Osterweis. Under his leadership, the Ballet launched a successful strategic planning initiative and saw its endowment grow to an all-time high. Additionally, I want to thank David Cox, who is stepping down as president. In this position, he worked closely with John and the rest of the Board to realize the organization’s institutional priorities.”

Mr. Pascarella joined the SF Ballet Board in 1995 and has served as a vice chair of the Board since 2008. He currently serves on the Executive Committee, the Nominating Committee, and the Governance Committee and is a former member of the Marketing Committee and former chair of the Development Committee. In addition, he has been a generous donor to SF Ballet, serving as a lead sponsor of the 75th Anniversary Celebration in 2008, a major sponsor of Artistic Director & Principal Choreographer Helgi Tomasson’s Nutcracker, and an overall champion of new work.

Mr. Pascarella is currently affiliated with TPG Capital as an executive advisor. Previously, Mr. Pascarella was president and CEO of Visa U.S.A., Inc. and prior to that, he was president and CEO of Visa International’s Asia-Pacific Region and director of the Asia-Pacific Regional Board. Before joining Visa, Mr. Pascarella was vice president for the International Division at Crocker National Bank and vice president of Metropolitan Banking at Bankers Trust Company. In both roles, his purview included retail banking and he has experience in commercial banking, corporate banking, credit review and policy, and de novo banking. Mr. Pascarella holds a Master of Science in management from Stanford University and an undergraduate degree from the University of Buffalo. Mr. Pascarella is active in many community and civic organizations in the Bay Area and is a board member at the Asian Art Museum, San Francisco Symphony, and the Fine Arts Museums.

“As a trustee of SF Ballet for over 21 years, it’s an honor to accept the chair role from an organization that I care so much about,” said Pascarella. “San Francisco Ballet is a world-class company offering a diverse and unique repertory focused on new works, and I look forward to working closely with Helgi, the board, and staff to build on the organization’s current momentum and success.”

Mr. Osterweis joined the SF Ballet Board of Trustees in 1987 and in addition to serving as chair of the Board from 2011-2016, he held the position of president of SF Ballet’s Endowment Foundation Board from 1995-2011. He is a current member and president emeritus of SF Ballet’s Endowment Foundation Board and is the founder, chairman, and CIO of Osterweis Capital Management. In addition, Mr. Osterweis is a director of the San Francisco Free Clinic and the Lucas Museum of Narrative Art, as well as a trustee emeritus of Summer Search Foundation and Bowdoin College. Previously, he served as a trustee to Bowdoin College, director of the Stanford Alumni Association Executive Board, director and vice chairman of Mt. Zion Hospital and Medical Center, and president of the board of directors for the Summer Search Foundation.

San Francisco Ballet
As America’s oldest professional ballet company, San Francisco Ballet has enjoyed a long and rich tradition of artistic “firsts” since its founding in 1933, including performing the first American productions of Swan Lake and Nutcracker, as well as the first 20th-century American Coppélia. SF Ballet is one of the three largest ballet companies in the United States and currently presents more than 100 performances annually, both locally and internationally. The mission of SF Ballet is to share its joy of dance with the widest possible audience—in its community and worldwide—and to provide the highest caliber of dance training in its School. Under the direction of Helgi Tomasson, the Company has achieved an international reputation as one of the preeminent ballet companies in the world. For more information, visit

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