Colorado Springs News, Sports & Business

Palenchar retires as El Pomar COO; Kyle Hybl takes his place

by WAYNE HEILMAN wayneh@gazette.com - Published: November 5, 2013 0

Dave Palenchar is retiring as chief operating officer of El Pomar Foundation, the largest charitable donor in the Colorado Springs area, and will be replaced by Kyle Hybl, son of longtime El Pomar CEO Bill Hybl.

Palenchar, 65, joined the foundation in 1990 after a 20-year career as an Air Force pilot, teacher at the Air Force Academy and a European and Asian foreign policy adviser. An academy graduate, he retired from the Air Force as a lieutenant colonel.

Palenchar will remain an El Pomar trustee, which he has been since 1998. He'll also continue to represent the foundation as chairman of the Colorado Springs Sports Corp., a local sports promotion group, and will work on special projects, including construction of the Pikes Peak Hill Climb Museum.

"This is an opportunity to continue to be affiliated with the foundation as a trustee and stay involved part time. I have been involved pedal-to-the-metal for 23 years. It is time to step back," Palenchar said. "For 23 years I had the opportunity to be here, it has been both personally and professionally incredible. I am honored to have served the legacy of the Penrose family and to assist in the advancement of the Colorado Springs area and the rest of the state."

Palenchar was promoted to the chief operating officer position in 2011. He also played a key role in the construction and operation of the Colorado Springs World Arena, serving as president and CEO of the arena and the Pikes Peak Center for the Performing Arts.

He also is president of the Air Force Academy Foundation and serves on the board of the ProRodeo Hall of Fame and the Great Outdoors Colorado Trust Fund. He is a member of the Chancellor's Round Table at the University of Colorado at Colorado Springs.

Hybl, a member of the University of Colorado Board of Regents, jointed El Pomar in 2000 and will continue to serve as general counsel for the foundation, The Broadmoor Hotel and the El Pomar-owned Garden City Co., which owns agricultural land in Kansas. He was named as an El Pomar trustee in 2011 and to the Board of Regents in 2006. Before joining El Pomar, Hybl served as a judge advocate in the Air Force. He earned a bachelor's and law degrees from University of Colorado at Boulder.

Hybl is chairman of the Police Foundation of Colorado Springs and serves on the boards of the Air Force Academy Foundation, the Colorado Springs World Arena, the Fund for American Studies and the Foundation for Teaching Economics.

El Pomar also announced that Matt Carpenter, its senior vice president of grants, has been appointed to oversee the foundation's grant making statewide. An Air Force Academy graduate, he joined El Pomar in 1999 after serving as an Air Force intelligence officer for six years. Carpenter also holds a master's degree in public administration from UCCS and is a former El Pomar fellow. He serves on the boards of Peak Vista Community Health Centers, the YMCA of the Pikes Peak Region and the Cheyenne Mountain Zoo.

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Contact Wayne Heilman: 636-0234

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