Jane Western, American Red CrossThe American Red Cross hired two senior investment operations specialists for new positions, CIO has learned from a source with knowledge of the situation.
Jane Western—Boeing’s longtime managing director for risk and compliance—left the aircraft manufacturer in late 2015 to join the Red Cross. Western spent nearly 13 years at Boeing. She moves into the new role of senior director of operations and governance at the $4.7 billion Washington, DC-based fund.
The Red Cross also confirmed it has hired Western a deputy: Carol Anne Lindsey, now director of operations and governance. Lindsey departed the troubled George Washington University investment office before news broke that it would search for an outsourced-CIO and scrap most internal operations.
Lindsey and Western are the first two hires for new CIO Greg Williamson, who joined the non-profit in May 2015 after a long career with BP.
“The American Red Cross recruited Greg Williamson to serve as its new chief investment officer to oversee the investment assets… and review the systems, infrastructure, and personnel of the department to ensure that the Red Cross is an industry leader in investment asset management,” the organization said in confirming the two hires.
Based on this review, the investment office has outsourced database management activities. It is actively recruiting for two more staff members: A head of private equity and a senior investment manager.
Related: Red Cross Needs PE Chief, Senior Portfolio Strategist & George Washington University to Outsource Endowment