Peter Arnold to Become Executive Director of YMA Fashion Scholarship FundHe will work to diversify funding for the organization dedicated to educating the next generation of fashion executives.

[Collection]Peter Arnold is eager to put his nonprofit hat back on. Today, the former chief executive officer of Cushnie & Ochs and Cynthia Rowley will join the YMA Fashion Scholarship Fund as its new executive director. For 80 years, the FSF has worked with colleges to award promising students in all aspects of the fashion industry with scholarships to pursue their dreams. Its big event is in early January when some 200 college scholarship recipients come to New York to meet executives within the fashion industry and attend a fund-raising gala. This year’s honorees for the event on Jan. 10 are Ryan Seacrest, Martha Stewart and Macy’s Inc. president Hal Lawton. Over the course of his career, Arnold spent five years as executive director of the Council of Fashion Designers of America, another nonprofit organization, and he’s also a lawyer, making his experience enviable to his new employer’s board. Billy Susman, founder of Threadstone Advisors, and the current president of FSF, said: “Peter is a proven champion of the next generation of leaders in fashion. His dedication to philanthropic organizations, combined with his deep knowledge and experience at the helm of major fashion brands as well as of the CFDA, make him the ideal

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