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Business Leader, Nonprofit Volunteer to Head the American Red Cross
Date:4/8/2008

ibility for residential long distance and internet services, servicing 75 million customers, generating $26 billion in revenue and overseeing 40,000 employees.

Joining Fidelity Investments in 1999, McGovern oversaw all retail distribution channels in 85 locations. A year later, she became President of Fidelity Personal Investments and was responsible for 4.5 million customers, $500 billion in assets, and 10,000 employees.

McGovern became a member of the Harvard Business School faculty in June 2002. In 2007, she was appointed to the chaired position of the MBA Class of 1996 Professor of Management Practice and teaches in the MBA and Executive programs.

Over the years, much of her volunteer time has been devoted to nonprofit fundraising. As a member of the Board of Trustees and co-chair of the Campaign Executive Committee at The Johns Hopkins University, McGovern and her colleagues kicked off a $2 billion, seven-year campaign. The development team exceeded that goal two years ahead of schedule and has now increased the goal to $3.2 billion. Her fundraising activities also include events for Children's Hospital Boston, Dana Farber, and the United Way of Boston. She also serves on two for-profit boards: the Board of Directors of Hartford Financial Group and DTE Energy.

Born in 1952, McGovern received her Bachelor of Arts in Quantitative Sciences from The Johns Hopkins University in 1974. She received an MBA from Columbia University in 1987. She currently resides in Boston with her husband and 18 year old daughter.

McGovern will start with the American Red Cross on June 23, taking over from Mary S. Elcano, who is serving as Acting President and CEO. Ms. Elcano will return to her position as General Counsel and Corporate Secretary. In addition, the Red Cross recently announced that Jeffrey T. Towers, a veteran fundraiser with more than 25 years experience in the non-profit sector, will become Chief Development Officer for the o
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SOURCE American Red Cross
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