American Red Cross CEO Mark W. Everson Resigns

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American Red Cross CEO Mark W. Everson Resigns

The American Red Cross announced today that its Board of Governors asked for and received the resignation of President and CEO Mark W. Everson, effective immediately. Concurrently, the Board appointed Mary S. Elcano, General Counsel, as interim President and CEO.

The Board acted quickly after learning that Mr. Everson engaged in a personal relationship with a subordinate employee. It concluded that the situation reflected poor judgment on Mr. Everson's part and diminished his ability to lead the organization in the future. He joined the American Red Cross as President and CEO on May 29, 2007.

Bonnie McElveen-Hunter, Chairman of the Board of the American Red Cross, said: "Although this is difficult and disappointing news for the Red Cross community, the organization remains strong and the life-saving mission and work of the American Red Cross will go forward. Mary Elcano, who has ably served as our General Counsel for the past five years, will continue to provide leadership, stability and continuity until a successor is chosen."

A search committee has been formed by the Board and will immediately undertake the process of selecting a new CEO.

Before joining the Red Cross, Ms. Elcano was a partner in the Washington, D.C. office of Sidley Austin LLP. She also had over 20 years with the federal government and culminated her service as the General Counsel and Executive Vice President of Human Resources of the U.S. Postal Service.

Mr. Everson's statement can be viewed here: http://www.redcross.org/images/pdfs/mes112707.pdf.

ENDS

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