CEO Who Led Red Cross From Brink Of Disaster Reflects On Leadership Lessons Learned - #1199

Superpowers for Good: Empowering Changemakers for Social Impact via Regulated Investment Crowdfunding from the SuperCrowd. · Dec 17, 2019

Gail McGovern, 67, became the eighth CEO in five years at the American Red Cross in 2008, as the country entered its most severe economic downturn in seven decades. Today, she remains at the head of what is once again a fiscally healthy nonprofit. Looking back, she reflects on what she learned.

The $3 billion annual revenue organization responds to 60,000 disasters every year, ranging from single house fires affecting one family to natural disasters that impact hundreds of thousands. At the time she took the helm, the large nonprofit had drawn down its available credit lines and was nearing…