CBCF Statement on the Passing of Board Member Emmett T. Vaughn, Director of the Office of Diverse Business Empowerment at Exelon CorporationMay 22, 2019
FOR IMMEDIATE RELEASE
May 22, 2019
WASHINGTON – The Congressional Black Caucus Foundation, Inc. (CBCF) issued the following statement today on the death of CBCF board member Mr. Emmett T. Vaughn.
The Congressional Black Caucus Foundation Board of Directors, Corporate Advisory Council and staff collectively mourn the passing of CBCF board member Emmett T. Vaughn, director of the Office of Diverse Business Empowerment, Exelon Corporation. He passed away on May 16, 2019, due to unexpected complications that arose after a recent recurrence of a previously disclosed cancer.
A respected leader in the business and civic communities, Mr. Vaughn was a vibrant member of the Board of Directors and actively involved in many aspects of CBCF. He was a consistent, devoted and vocal advocate for minority and women-owned businesses and was actively involved in the Foundation’s community education endeavors. In May 2017, Mr. Vaughn was instrumental in helping to lead CBCF’s fourth Executive Economic Summit (EES IV) “Chicago Ready: Investment Strategies for Black Business Growth and Development,” with Exelon Corporation serving as the presenting sponsor. Held at the University of Chicago’s Polsky Center for Entrepreneurship and Innovation, the summit showcased emerging minority business leaders, and gleaned best practices and resources to obtain access to capital.
“While we mourn his passing, we celebrate his life and commitment to our next generation of professional, business and community leaders,” said Dr. Elsie L. Scott, CBCF interim president and CEO. “Mr. Vaughn’s influence is well-positioned to have a pioneering impact on minority business development in the years to come.”
“We are grateful for Mr. Vaughn’s contributions to the CBCF Board of Directors,” expressed Congressman Cedric L. Richmond, chair, CBCF Board of Directors. “His pledge to strengthen and expand the minority entrepreneurial community included increasing procurement opportunities and engaging and building partnerships with diverse suppliers in a variety of industries. On behalf of the CBCF Board of Directors, I offer heartfelt condolences and encourage our community to keep Mr. Vaughn and his family in your thoughts and prayers.”
Established in 1976, the Congressional Black Caucus Foundation, Inc. (CBCF) is a non-partisan, nonprofit, public policy, research and educational institute committed to advancing the global black community by developing leaders, informing policy and educating the public. For more information, visit www.cbcfinc.org.