American Red Cross CEO Mark W. Everson Resigns; Board Appoints General Counsel Mary S. Elcano Interim CEO

Nov 27, 2007, 00:00 ET from American Red Cross

    WASHINGTON, Nov. 27 /PRNewswire-USNewswire/ -- 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
     Mr. Everson's statement can be viewed here:
     The American Red Cross helps people prevent, prepare for and respond to
 emergencies. Last year, almost a million volunteers and 35,000 employees
 helped victims of almost 75,000 disasters; taught lifesaving skills to
 millions; and helped U.S. service members separated from their families
 stay connected. Almost 4 million people gave blood through the Red Cross,
 the largest supplier of blood and blood products in the United States. The
 American Red Cross is part of the International Red Cross and Red Crescent
 Movement. An average of 91 cents of every dollar the Red Cross spends is
 invested in humanitarian services and programs. The Red Cross is not a
 government agency; it relies on donations of time, money and blood to do
 its work.

SOURCE American Red Cross