Girl Scouts of the USA Announces Two New Appointments to National Board of Directors

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Apr 15, 2011, 10:52 ET

Barbara Krumsiek, CEO of the Calvert Group, and Linda Descano, President and CEO of Citi's Women's group, join National Board of Directors

NEW YORK, April 15, 2011 /PRNewswire-USNewswire/ -- Girl Scouts of the USA took action on March 29, 2011, to appoint Barbara Krumsiek, CEO of the Calvert Group, and Linda Descano, President and CEO of Citi's Women's group, to the National Board of Directors. This change comes as Girl Scouts of the USA prepares for the organizations 100th anniversary, its most aggressive fund development campaign ever, and in the midst of an executive search for the next CEO, who will take over after Kathy Cloninger retirees later this year.

Barbara J. Krumsiek is Chair, CEO and President of Calvert Group, Ltd., a leading investment management firm headquartered in Bethesda, Maryland. Calvert manages over $14 billion in assets. During her tenure at Calvert, Ms. Krumsiek has worked at the forefront in the socially responsible investment arena. Under her leadership in 2004, her firm developed the Calvert Women's Principles, the first global code of corporate conduct focused exclusively on empowering, advancing, and investing in women worldwide. Ms. Krumsiek believes strongly in devoting time to community service. She Chairs the Board of the Eugene and Agnes E. Meyer Foundation, and serves on the boards of Pepco Holdings, Inc., the Economic Club of Washington, D.C., the Federal City Council. She also serves on the Women's Advisory Board of the Girl Scout Council of the Nation's Capital and the 100th Anniversary Campaign Planning Committee of Girl Scouts of the USA. In 2010, Krumsiek told the New York Times that her experience in Girl Scouting contributed greatly to her success.

Linda Descano is President & CEO of Women & Co., a division of Citi that provides women with financial resources and a community for building their financial knowledge, exchanging financial insights, and accessing tips and tools for creating financial strategies based on the realities of women's financial lives. Linda joined Women & Co. in 2003 as Chief Operating Officer and was appointed as President in 2007 and CEO in 2010.

Previously, from 1999 through 2002, Linda was a Director and Portfolio Manager in Citi's Private Portfolio Group, where she co-managed customized investment portfolios for individuals and institutions and oversaw the firm's socially responsible investment program. Before that, Linda served as Senior Vice President and Director of Environmental Affairs for Citi predecessor company, Salomon Inc., which she joined in 1994. Prior to embarking on a career in finance, Linda spent several years working in environmental consulting. A native of Philadelphia, Linda attended Temple University and graduated with a bachelor of arts in geology. She holds a Chartered Financial Analyst® designation.

About Girl Scouts

Founded in 1912, Girl Scouts of the USA is the preeminent leadership development organization for girls with 3.4 million girl and adult members worldwide. Girl Scouts is the leading authority on girls' healthy development, and builds girls of courage, confidence, and character, who make the world a better place. The organization serves girls from every corner of the United States and its territories. Girl Scouts of the USA also serves American girls and their classmates attending American or international schools overseas in 90 countries. For more information on how to join, volunteer, reconnect, or donate to Girl Scouts, call (800) GSUSA 4 U (800-478-7248) or visit www.girlscouts.org.

SOURCE Girl Scouts of the USA