Mark Cannon was named senior vice president for finance and administration at The Lutheran Church-Missouri Synod Foundation, St. Louis, confirmed spokeswoman Vicki Biggs.
Mr. Cannon replaces Wayne Price, who retired in May. He oversees the foundation's financial activities and external vendors, including investment managers, according to a news release.
Mr. Cannon was previously vice president and controller of the commercial equipment and finance group at Commerce Bancshares.
The foundation had $910 million in assets as of June 30, 2012, according to its most recent annual report.
