SAVE-THE-CHILDREN ELECTS EX-XEROX CEO AS CHAIRMAN

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http://money.cnn.com/news/newsfeeds/articles/marketwire/0558652.htm
SAVE-THE-CHILDREN ELECTS EX-XEROX CEO
AS CHAIRMAN 
Save the Children Elects Anne M. Mulcahy as Chair of the Board
 Save the Children today announced that Anne M. Mulcahy,
Chairman of Xerox Corporation, has been elected Chair of the
Board of Trustees, effective March 2, 2010. Mulcahy succeeds Robert A.
Daly, former head of Warner Brothers, who is stepping down after serving
as the global humanitarian organization’s Chair for the last five
years.”Anne is a talented and accomplished leader who has a proven
record of using innovative approaches and model practices to find even
better ways to do great work,” said Robert A. Daly, President of
Rulemaker, Inc. “She is bringing her significant expertise to Save the
Children at a critical time, as the needs of children living in poverty
have never been greater — both here in the United States and in the
developing world.”Mulcahy will be the latest private sector executive to
serve as Board Chair at Save the Children. Prior to Daly’s election in
2005, Thomas S. Murphy, retired Chairman and CEO of Capital Cities/ABC,
served as Chair from 1997 – 2005.

Mulcahy served as Chairman and
CEO of Xerox from August 2001 through June 2009. She retired from the
CEO position effective July 1, though she remains Chairman of the Board.
Mulcahy is a 33-year veteran of Xerox who began her career as a field
sales representative and assumed increasingly important sales and senior
management positions over the past three decades.”I researched a number
of worthy organizations but ultimately chose to work with Save the
Children because of its long history, fiscal accountability and capacity
to effect change for children on a global scale,” said Mulcahy.

Daly
informed the Board in late 2008 that he intended to step down from the
Chairman role this year. In his five years as the Save the Children
Board Chair, he has overseen annual program growth averaging 13.5
percent, with 48 million children served in 2008, and operating revenue
growth per year of 11 percent. He also spearheaded the creation of Save
the Children’s first domestic emergency response unit in the United
States, which has proven successful in responding to disasters such as
Hurricanes Katrina, Gustav and Ike.

Daly recently accepted the
role of Chairman of the Board of Directors for the American Film
Institute, effective March 2010.”Under Bob’s leadership, Save the
Children’s world-class Board of Trustees has focused on strategies to
deliver positive results to greater numbers of children in need in more
than 50 countries, including the United States,” said Save the Children
President and CEO Charles F. MacCormack. “Of particular note, Bob helped
strengthen significantly our work in the U.S., including guiding our
response to the youngest victims of Hurricane Katrina and the creation
of a domestic emergency response unit to provide immediate aid to
children affected by disasters in the U.S. We thank Bob for his strong
leadership of our board over these past five years, and wish him all the
best in the years ahead.”

Save the Children is the leading
independent organization that creates lasting change for children in
need in the United States and around the world. Save the Children USA is
a member of the International Save the Children Alliance, a global
network of 29 independent Save the Children organizations working to
ensure the well-being and protection of children in more than 120
countries. Follow us on Twitter and Facebook.

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November 20, 2009 at 10:34 AM