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ALSAC/St. Jude Names Richard C. Shadyac, Jr. as CEO
Date:6/11/2009

-Fundraising Arm of St. Jude Children's Research Hospital Announces New Leadership-

MEMPHIS, Tenn., June 11 /PRNewswire-USNewswire/ -- ALSAC/St. Jude, the fundraising organization of St. Jude Children's Research Hospital, today announced Richard C. Shadyac, Jr. as Chief Executive Officer effective September 1, 2009. Shadyac has been involved with St. Jude in various capacities for many years, most recently serving as chairman/president of the ALSAC Board of Directors. He succeeds interim CEO David L. McKee, who will continue to serve as Chief Operating Officer.

"We are very pleased to have Rick assuming the leadership of the second largest health charity in the country," said Camille Sarrouf Jr., incoming Chairman of the ALSAC Board of Directors, which selected Shadyac. "Rick brings a special blend of dedication, intelligence and compassion that we know will serve well the organization and the children of the world."

Before assuming the role as Chair of the Board in FY 2008, Shadyac served as Vice Chair. He served on the Board from 1992-1993 and was reappointed in 2000; he has been a volunteer fundraiser for decades. A practicing attorney for 27 years, Shadyac has been an attorney and a partner in the Washington D.C./Northern Virginia law firm, Feldesman Tucker Leifer Fidell LLP. He has been a member of the Arlington and Fairfax County Bar Associations, the District of Columbia Bar, the American Bar Association and the Virginia State Bar. He earned his B.A. from Marquette University and a law degree from Loyola University in Chicago.

As he assumes the position of CEO, he will work closely with McKee who served both as CEO and COO over the past several months.

McKee praised Shadyac's commitment to the St. Jude cause. "Over the past 10 months, I have had the pleasure of working with Rick closely on a daily basis as he stepped up to assist us in his capacity as chair of the Board. He demonstrated great leadership and we were all impressed with Rick's interactions with our donors, partners and volunteers. He also has an authentic love for our St. Jude patients that is evident to all of us. I am excited about working with him in the days ahead."

"It is an honor to be appointed CEO of an organization that I love and literally grew up with," said Shadyac, whose father, Richard C. Shadyac Sr., served on the Board for nearly three decades before taking over as ALSAC CEO from 1992-2005. "My respect for men and women who serve our mission - from the Board to the staff to the donors and volunteers and partners -- is boundless. I am mindful that we are in tough economic times, but I also know that with the help of the Board, the Thomas family and everyone involved in our mission we will be relentless in our efforts to find cures and save children battling cancer and other catastrophic diseases."

William E. Evans, CEO and Director of St. Jude, also welcomed the opportunity to work with Shadyac.

"Rick has a genuine love for this institution and I know that together, as he leads the fundraising operation, and I continue to lead the medical mission, we will achieve great things in the years to come."

ALSAC, which conducts fundraising for St. Jude nationally and internationally, employs over 1,000 full and part-time employees. In fiscal year 2008, ALSAC raised $660 million for the sole purpose of supporting the mission of St. Jude, which has a daily operating budget of nearly $1.4 million. More than 1 million donors and volunteers across the nation and around the world are critical to ALSAC's efforts.

About St. Jude

St. Jude Children's Research Hospital is internationally recognized for its pioneering work in finding cures and saving children with cancer and other catastrophic diseases.

St. Jude is the first and only pediatric cancer center to be designated as a Comprehensive Cancer Center by the National Cancer Institute. Founded by late entertainer Danny Thomas and based in Memphis, Tenn., St. Jude freely shares its discoveries with scientific and medical communities around the world. St. Jude is the only pediatric cancer research center where families never pay for treatment not covered by insurance. No child is ever denied treatment because of the family's inability to pay. St. Jude is financially supported by ALSAC, its fundraising organization. For more information, please visit www.stjude.org.


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SOURCE St. Jude Children's Research Hospital
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