Mary Kate Wold was named president and CEO of the $9 billion Church Pension Fund, confirmed Nancy Fisher, senior vice president and director of communications for The Church Pension Group, New York.
Ms. Wold succeeds T. Dennis Sullivan who is retiring after seven years as president and CEO of the Church Pension Fund, a unit of The Church Pension Group, which administers pension plans for the Episcopal clergy and lay employees.
Mr. Sullivan will begin working with Ms. Wold in early June “to effect a smooth transition,” according to The Church Pension Group website. Mr. Sullivan’s official retirement date wasn’t announced.
In an e-mail, Ms. Fisher said Mr. Sullivan told the board of his decision to retire in June 2010. The board hired Korn/Ferry International to interview candidates.
Ms. Wold most recently was senior vice president, finance, at Wyeth, according to a news release from The Church Pension Group. Wyeth was acquired by Pfizer Inc. in October 2009. Ms. Fisher was unable to provide additional information, and a Pfizer spokeswoman couldn’t provide information by press time.
