IRS chief steps down to lead Red Cross

Mark Everson, commissioner of the federal tax agency for four years, to leave his post at the end of May.


NEW YORK (CNNMoney.com) -- IRS Commissioner Mark Everson has been named president and CEO of the American Red Cross, the humanitarian relief organization announced Wednesday afternoon.

Everson, who has served as the head of the federal tax agency since 2003, will begin his new post on May 29.

"We know Mark will bring new energy and drive terrific results when his tenure officially begins next month," said Red Cross Chairman Bonnie McElveen-Hunter in a statement.

In an email to IRS employees, Everson said, "I look over the past four years with great pride and satisfaction. Together, we have rebalanced the organization, bringing life to the equation: Service + Enforcement = Compliance."

During Everson's four-year tenure, IRS audit rates and revenue suggested for collection has gone up. He has, however, taken heat for outsourcing some of the agency's collection efforts to private collection agencies. He defends the move, which has been highly criticized by the National Taxpayer Advocate among others, as worthwhile despite its cost given that the agency doesn't have the staff to deal with the number of collection cases on file. Top of page

Sponsors

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.