| CEO Name | Gail McGovern |
| Nationality | United States |
| Net Worth Estimation | $4 million |
Gail McGovern's estimated net worth of around $4 million primarily stems from her annual salary as CEO of the American Red Cross, reported to be over $600,000, combined with prior executive roles at AT&T and Fidelity Investments. Her wealth reflects accumulated compensation, executive benefits, and investment earnings over decades in high-level management positions.
Gail McGovern's estimated net worth of $4,000,000 falls exactly at the midpoint (50%) between the minimum ($1,000,000) and maximum ($6,000,000) CEO net worth estimation for the nonprofit sector. This positions her financially well within the typical CEO net worth range for nonprofits.
Business Category: Nonprofit
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 6000000 USD
Gail McGovern Performance in American Red Cross
Gail McGovern, CEO of the American Red Cross, demonstrates transformational leadership by driving strategic initiatives and enhancing operational efficiency. Her decision-making emphasizes data-driven responses and innovation to improve disaster relief and blood services. Under her leadership, the organization has increased transparency, financial stability, and volunteer engagement, significantly boosting its humanitarian impact.
Latest News
American Red Cross Names Cliff Holtz CEO as Gail McGovern Retires
Cliff Holtz was appointed as the new president and CEO of the American Red Cross effective July 1, 2024, succeeding Gail McGovern who retired after more than 15 years of leadership marked by financial stabilization and disaster response improvements. Holtz, previously COO, leads new strategic initiatives addressing climate and sustainability challenges.
Source: http://www.redcross.org/about-us/news-and-events/latest-news/announcement-from-gail-mcgovern.html