Friday, April 29, 2011

Mary Kate Wold named to head Church Pension Fund


From ENS-

The Church Pension Fund Board of Trustees April 28 elected Mary Kate Wold to succeed T. Dennis Sullivan as CPF's president and chief executive officer.

Sullivan, who has been president and CEO for the past seven years, is retiring.

Wold is a finance and operating executive and former law firm partner who most recently served as senior vice president for finance and a principal corporate officer of Wyeth, a pharmaceutical company, according to a CPF press release. She led Wyeth's treasury, tax, procurement, and business process outsourcing organizations.

"Mary Kate Wold has the professional skills, evidence of leadership, and commitment to the church that promise very effective service when she becomes president and CEO of the Church Pension Fund," CPF board chair and retired Diocese of Virginia Bishop Peter James Lee said in the release. "I happily anticipate working with Ms. Wold and look forward to the delight many in the church will experience when they come to know her."

As a member of the Wyeth Investment Committee, Wold was a fiduciary of its
multi-billion-dollar defined-benefit and defined-contribution pension plans. She also served on Wyeth committee that had oversight of the company's benefit and healthcare plans, the release said. She led a reassessment of Wyeth's global insurance programs, and designed and implemented its enterprise risk management system.

More here-

http://www.episcopalchurch.org/80263_128187_ENG_HTM.htm

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