Michael J. Widmer, the 75-year-old president of the Massachusetts Taxpayers Foundation, announced Tuesday that he plans to retire “when the transition to a successor is complete,” something likely to happen by the end of the year.
Founded in 1932, the foundation describes itself as a public policy organization focused on fiscal, tax, and economic policies at the state and local levels. The foundation is largely funded through annual contributions of several hundred local employers who make up its membership.
Widmer has been the foundation’s president since 1992, and in that role, he has sought to be a fiscal watchdog.
Widmer made his announcement at a board of trustees meeting at the Newton Marriott Hotel, the foundation said in a press release. He informed the foundation’s governance committee of his decision earlier this year, the release added.
Karen Green, a partner at WilmerHale and a member of the foundation’s executive committee, will chair a seven-member search committee charged with selecting Widmer’s successor.
Widmer plans to help with the transition.
State House News Service quoted Widmer as saying, “We’ve tried to be the source of impeccable analysis on critical issues so that people turn to us for the numbers and the understanding of competing claims around complex issues.”