CarterBaldwin Recruits CEO for Marketplace Ministries

July 28, 2015 – CarterBaldwin Executive Search has placed Dr. Douglas L. Fagerstrom as executive president and chief executive officer of workplace chaplaincy provider Marketplace Ministries. He will work closely with board chairman Will Thomas, who has been serving as Marketplace Ministries interim CEO, and with Ministry founder, Gil A. Stricklin, who oversees the Marketplace Ministries Foundation as its chairman and CEO. Dr. Fagerstrom, currently senior vice president of Converge Worldwide, will oversee the many components of Marketplace Ministries: Marketplace Chaplains USA, Marketplace Chaplains International and Railroad Chaplains. He formerly served as president of Grand Rapids Theological Seminary from 2003-2009.

“As search firm CarterBaldwin and our committee considered and interviewed literally hundreds of people to lead Marketplace Ministries, Doug was the solitary person that surfaced as the top of the candidate list time after time,” said Mr. Thomas. “Doug’s demonstrated ability to inspire a team toward a goal and then achieve that goal are important qualities, complemented by his ability to relate winsomely to employees and humbly listen to other perspectives. These God-given qualities are evident at Converge and are highlighted by endorsements from his former employees, colleagues, supervisors, and mentors.”

Dr. Fagerstrom will begin his tenure at Marketplace Ministries next week, overseeing nearly 3,000 chaplains serving over 600,000 employees and family members in 3,500 client company locations in 1,058 cities, 54 states and Canadian Provinces, along with seven international countries and commonwealths.

Marketplace Ministries, composed of four non-profit entities—Marketplace Chaplains USA, Marketplace Chaplains International, Railroad Chaplains, and Marketplace Ministries Foundation—exist, according to the organization, ‘to share God’s love through chaplains in the workplace,’ providing a personalized and proactive employee care service for client companies.

CarterBaldwin is a provider of executive search services in the healthcare, technology, non-profit, consumer services, industrial and media/telecom sectors. Its client list includes a number of name brand institutions, including KPMG, ADP, Teradata, First Data, Duke University, Pepperdine University, New York Life, Fleet Pride, and Berkshire Hathaway.

Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media

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