Carol Reay back in fundraising role at Ormond St hospital

Carol Reay, Grey’s former deputy chairman, is stepping aside from the agency scene to spearhead the multi-million pound fundraising operation for Great Ormond Street Children’s Hospital.

Carol Reay, Grey’s former deputy chairman, is stepping aside from

the agency scene to spearhead the multi-million pound fundraising

operation for Great Ormond Street Children’s Hospital.



She has opted to take over as the hospital’s executive chairman of

fundraising and public affairs, having rejected three senior agency

management jobs, one of which is believed to have been the chairmanship

of Saatchi & Saatchi.



Heading a staff of more than 30, she will run the hospital’s ongoing

fundraising initiative - which raises between pounds 10 million and

pounds 12 million a year - as well as having responsibility for

generating the pounds 50 million needed from businesses and trusts to

finance the next stage of its rebuilding programme.



The announcement comes a month after the former founding partner of

Mellors Reay reached an out-of-court settlement with Grey over an

alleged breach of contract.



Reay said: ’A big agency job would have been a challenge but this job

attracts me at a much deeper level.’



Robert Creighton, Great Ormond Street’s chief executive, said: ’Although

Carol has no real understanding of the NHS, her presentation was so

well-researched that it was better than anything we would have expected

from somebody coming from a standing start.’