Sunday, October 22, 2017

Flournoy Stepping Down as CEO of CNAS to Start New Firm

Michele Flournoy, Co-Founder and CEO of the Center for a New American Security (CNAS), will be stepping down from her position to start a new strategic advisory firm.  Here is more from a CNAS press release:

The Center for a New American Security (CNAS) Board of Directors today announced that former U.S. Secretary of Homeland Security Jeh Johnson; former commander of U.S. Strategic Command Adm. Cecil D. Haney, USN (Ret.); Vice Chairman, Investment Banking (USA) for Credit Suisse Frederick O. Terrell; and CNAS CEO Michèle Flournoy will join the Board of Directors. The Board of Directors also announced that Flournoy will transition from her current position as CEO to the Board of Directors effective December 31, 2017.

CNAS said that is board has established a CEO search committee to identify and recruit a new CEO.

Flournoy, who was undersecretary of defense for policy during the Obama Administration, was considered the favorite to be defense secretary in a Hillary Clinton Administration.

She was also under consideration for the #2 defense post in the Trump Administration, but faced stiff resistance and ultimately opted against taking the job.