James P. “Bud” McCourt, a long-time resident of Massachusetts began his career with Asbestos Workers Local 6, Boston, MA as an apprentice in 1976. He received his mechanic’s card four years later in 1980. His leadership abilities led to his election as local union President, a position he held from 1985 to 1987. He also served as Business Agent for his local union prior to his election to the top position as Business Manager. From 1985 to 1997, he served as a trustee on the Local 6 Health and Welfare and Pension boards. Mr. McCourt was elected by the delegates at the Union’s 1997 General Convention to serve as International Vice President of the New York-New England States Conference. In 2001, Mr. McCourt was elected by the General Executive Board to serve as General Secretary-Treasurer. He also served as a trustee on the Heat & Frost Insulators Staff and Local Union Officers’ Pension Plans from 2001 to 2007. He then served as a trustee on the National Asbestos Workers Pension and Medical Plans from 2008 to 2020. Upon the retirement of General President James A. Grogan in 2015, Mr. McCourt was elected by the General Executive Board to the position of General President. He officially retired in 2020
Advisory Board
Each of the Funds managed by Intercontinental is served by an Advisory Board. The Advisory Board is available to each Fund and Intercontinental to consult and advise on prospective investment opportunities and ongoing management strategies. The Advisory Board convenes regularly and is available to Intercontinental's senior management on an as-needed basis.