Posted September 26, 2023
Dear Friend, After 18 years as our President & CEO, Tim Armour has decided to retire from Cure Alzheimer’s Fund. In 2005, Tim accepted the challenge to lead our startup and our mission, and it is through his exceptional commitment and stewardship, and the generosity of thousands of donors, that Cure Alzheimer’s Fund has provided $175 million in research grants to understand the causes of Alzheimer’s disease. He shared his decision a number of months ago and stayed on while we conducted a search. Tim has graciously agreed to stay on as a member of our Board of Directors even after his retirement. On behalf of our Board of Directors, I am pleased to announce that Meg Smith has been named as the next Chief Executive Officer of Cure Alzheimer’s Fund, effective October 1, 2023. After a thorough search process, it became absolutely clear that the best person to guide our future was already among us. The Board of Directors has worked with Meg for eight years and has complete confidence that Meg’s experience, professionalism, spirit of collaboration, and strategic insights will be a catalyst for our growth. Since Meg joined CureAlz in 2015 to lead our research funding program, CureAlz has made $138 million in research grants—nearly 80% of total distributions since our founding in 2004. This funding has resulted in enormous progress and remarkable discoveries from our scientists. Meg’s leadership and guidance have also helped to inspire an impressive 7.5X in follow-on funding from the National Institutes of Health, multiplying our impact in progress with Alzheimer’s disease research and our mission. All of this is a direct result of the standard of excellence that Meg has brought to the CureAlz research funding process. Meg’s previous experience with McKinsey & Company informs the valuable strategic insights she brings to our Management Committee and many other areas of our foundation. I hope you will join me in wishing Tim well in his retirement and in celebrating the promotion of Meg to her new role as our CEO! Best regards, |
Henry McCance Board Chair |