Project Description

CarterBaldwin and Marketplace Ministries are pleased to announce that Dr. Douglas L. Fagerstrom has joined the company as Executive President and CEO.

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.

Fagerstrom, currently the Senior Vice President of Converge Worldwide in Orlando, Florida, will oversee the many components of Marketplace Ministries: Marketplace Chaplains USA, Marketplace Chaplains International and Railroad Chaplains.

Will Thomas, Chairman of the Governing Board for Marketplace Ministries said, “As the 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.”

“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.”

While Doug was President of Grand Rapids Theological Seminary from 2003-2009, the seminary doubled in attendance with $7 million raised for buildings and scholarships. Since coming to Converge Worldwide as Senior Vice President in 2010, he has overseen a wide range of responsibilities for the national and international church planting and supporting organization.

Fagerstrom received a Doctor of Ministries from Northern Baptist Theological Seminary in Chicago, along with a MA in Religious Education from Bethel Seminary in St. Paul, Minnesota, and a BA from Cornerstone University in Grand Rapids. Michigan.