Wycliffe Grousbeck has been Managing Partner, Governor and CEO of the Boston Celtics since December 2002, after organizing and leading a local investment group that purchased the team. Wyc is the NBA Governor of the Celtics, the Chair of the NBA Planning Committee, and is a member of the NBA Labor Relations, Finance, Compensation and Audit Committees.
Wyc named the investment group "Banner 17 LLC" to signify his primary goal, returning the Celtics to contention for their 17th World Championship. He was honored to accept the championship trophy on June 17, 2008, as the Celtics defeated the Lakers by 39 points and became World Champions for the first time in 22 years.
In January 2010 Wyc became Chairman of the Massachusetts Eye and Ear Infirmary. Mass. Eye and Ear is a teaching hospital of Harvard Medical School and has been a world leader in advanced research and patient care, preventing and treating vision and hearing loss, for almost 200 years.
Prior to purchasing the Celtics with his partners, Wyc served as a General Partner of Highland Capital Partners, co-managing $1.8 billion in venture capital funds. He led successful investments in medical technology, software and health care services. His earlier career included four years as a venture capital lawyer in Silicon Valley and two years as a manager in a public biotech company.
His wife, Corinne, is Founder and Chair of the Trust Board at Perkins School for the Blind (Watertown, MA), an institution devoted to educating blind and deaf/blind students worldwide. Corinne has also served for many years on the Trust Board of Children's Hospital Boston. Wyc and Corinne are also involved in the Boston Celtics Shamrock Foundation; Boys and Girls Clubs of Boston; National Braille Press; Horizons for Homeless Children; Cradles to Crayons; and the Lovelane Special Needs Riding Program.
Wyc holds a bachelor's degree in history from Princeton University (1983), a law degree from the University of Michigan (1986) and an MBA from Stanford Business School where he was a Miller Scholar (1992). At Princeton he rowed on the undefeated varsity eight that claimed the Ivy League and national rowing championships in 1983.
In 2013, Grousbeck was named to the board of Formula E Holdings, a new fully electric powered auto racing championship to be held in the major cities of the world beginning in September, 2014.