The Associated Press

CLEVELAND - A former U.S. diplomat and corporate executive has been selected president of the Cleveland Foundation, which grants about $80 million yearly to nonprofit agencies.

Ronn Richard, 47, of Potomac, Md., replaces Steve Minter, 64, who is retiring June 30 after 28 years at the foundation. Richard plans to spend the second half of June working with Minter, learning more about the nation's oldest community foundation.

Richard, who earned his master's degree in international relations from Johns Hopkins University in Baltimore, spent five years as a diplomat.

He worked for Panasonic on a committee that established DVD industry standards.