In a May 27 tweet, Kevin Hagan posted a link to an article announcing his departure from Feed the Children. According to Hagan, who takes over at the American Diabetes Association tomorrow, he has helped restore some of the positive reputation lost by the massive charity over the past several years.
— Kevin L. Hagan (@KLHAGAN) May 27, 2015
According to a tweet from Hagan, Travis Arnold, current COO of FTC will take over as Interim CEO. Arnold is also the president of FTC’s wholly owned subsidiary FTC Transportation, a for profit company.
FTC has been embroiled in controversy for much of the last six years. After multiple scandals involving FTC founder Larry Jones, he was relieved of his post in 2009. Even after he was fired, scandal over use of funds continued (e.g., here and here).
In his May 29 article, Hagan takes credit for restoring FTC to a more respected place, along with numerous other accomplishments.
The organizations donations, although still substantial, have been on a decline according to the organization’s 2013 990 form. Revenues are down from a high of just over $615 million in FY 2011 to over $396 million in FY 2013.
Especially given the organization’s recent history, it seems questionable to have the same person running both the non-profit FTC and the for profit trucking subsidiary. FTC’s conflict of interest policy is not available to the public according to the federal 990 form for fiscal year ending 2014.