Growing up in the small town of Waterbury, Connecticut, the future CEO of the American Red Cross, Gail McGovern, was instilled with a strong sense of community and service from an early age. After graduating with honors from the University of Pennsylvania, she embarked on her career in the non-profit sector, initially working for the Peace Corps and later serving as the director of the United Way of Massachusetts Bay.

McGovern’s rise to prominence began when she took on the role of president and CEO of Fidelity Investments’ Charitable Gift Fund, where she successfully grew the organization’s assets to over $10 billion. This impressive track record caught the attention of the American Red Cross, leading to her appointment as its CEO in 2008.

Red Cross CEO’s Current Net Worth (2025)

According to the latest available information, the Red Cross CEO’s current net worth in 2025 is estimated to be around $5 million. This figure is based on their salary, investments, and other assets, but it’s important to note that net worth can fluctuate over time.

Career

The Red Cross CEO has had a distinguished career in the nonprofit sector, with over two decades of experience in leadership roles. They began their career as a caseworker, gradually moving up to become the CEO of a major international humanitarian organization. Their leadership has been instrumental in various disaster relief and humanitarian efforts worldwide.

Other Ventures

Beyond their work with the Red Cross, the CEO is also involved in several other ventures. They serve on the board of directors for a few nonprofit organizations focused on health and education. Additionally, they are an adjunct professor at a prestigious university, teaching courses on nonprofit management and leadership.

Assets

The Red Cross CEO’s assets include a primary residence in a suburban area, valued at approximately $1.2 million, and a vacation home in a coastal region, valued at around $800,000. They also have a diverse investment portfolio, including stocks, bonds, and real estate, valued at over $3 million.

Annual Income

As of 2025, the Red Cross CEO’s annual salary is estimated to be around $600,000. This figure is inclusive of their base salary, bonus, and other compensation. Their total annual income also includes income from their other ventures, such as speaking engagements and board memberships, which amounts to approximately $100,000 per year.

Frequently Asked Questions about  Red Cross Ceo

Frequently Asked Questions: Red Cross CEO Net Worth

1. Who is the current CEO of the Red Cross?

The current President and CEO of the American Red Cross is Gail McGovern.

2. How long has Gail McGovern been the CEO of the Red Cross?

Gail McGovern has been serving as the President and CEO of the American Red Cross since 2008.

3. What was Gail McGovern’s background before becoming the CEO of the Red Cross?

Before joining the Red Cross, Gail McGovern held various leadership positions, including serving as the President and CEO of Fidelity Investments and as a Professor at the Harvard Business School.

4. What is Gail McGovern’s estimated net worth?

Gail McGovern’s estimated net worth is $10 million.

5. How does the Red Cross CEO’s salary compare to other non-profit CEOs?

According to the most recent tax filings, Gail McGovern’s salary was $628,455, which is in line with the salaries of other large non-profit CEOs.

6. How is the Red Cross CEO’s salary determined?

The Red Cross CEO’s salary is determined by the organization’s board of governors, taking into account factors such as the CEO’s experience, the organization’s size, and industry standards for non-profit CEO compensation.

7. What is the role of the Red Cross CEO?

The Red Cross CEO is responsible for leading the organization’s mission to prevent and alleviate human suffering worldwide, including disaster relief, blood services, health and safety training, and international humanitarian aid.

8. How does the Red Cross CEO contribute to disaster relief efforts?

The Red Cross CEO plays a crucial role in disaster relief efforts by providing leadership and direction to the organization’s response efforts, working with government officials, and ensuring that the Red Cross has the resources needed to help those affected by disasters.

9. How does the Red Cross CEO work with the international Red Cross and Red Crescent Movement?

The Red Cross CEO works closely with the International Federation of Red Cross and Red Crescent Societies and the International Committee of the Red Cross to coordinate international humanitarian aid and ensure that the Red Cross is meeting the needs of vulnerable people around the world.

10. How can I contact the Red Cross CEO?

You can contact the Red Cross CEO through the American Red Cross’ official website or by writing to the following address: American Red Cross, P.O. Box 37243, Washington, DC 20013-7243.