Abstract
Unlike Congress, the American Chemical Society Board of Directors has term limits. It has been my honor and great privilege to serve our society on the board for nine years, the past three as board chair. “End of watch” is a phrase often used by the military and law enforcement to indicate the completion of a shift or retirement from active duty. My watch began in 2007 just when the financial markets were on the verge of collapse and the Great Recession was about to commence. Working closely with ACS management, the board of directors had to take immediate action guided by the ACS finance department. Those were difficult days that required hard choices such as freezing the defined contribution retirement plan, capping the society’s financial contributions to the retiree medical plan, calling for a hiring freeze along with a workforce reduction, and eliminating open requisitions for new hires. Without
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