St. Jude Children’s Research Hospital’s fundraising organization, ALSAC, promoted Ike Anand on Tuesday to become its new president and chief executive officer.

The leadership change comes as ALSAC — which raised more than $2.5 billion for the Memphis-based hospital in 2024, according to tax filings — navigates a global expansion and an increasingly complicated funding landscape in the United States.

Anand had been ALSAC’s chief operating officer since 2020.

Dr. Frederick M. Azar, chairman of ALSAC’s board of directors, said Anand had been instrumental in redefining the organization’s strategic direction, including its six-year $12.9 billion plan to provide pediatric cancer cures and treatments globally. — Associated Press