Stewardship names Art Russell as chief financial officer

8 hours ago
Stewardship names Art Russell as chief financial officer

By AI, Created 3:31 PM UTC, May 27, 2026, /AGP/ – Stewardship has appointed Art Russell as chief financial officer as the Christian charity expands after a record 2024. The move is designed to strengthen financial leadership, governance and long-term sustainability while Felicity Griffiths shifts to chief operating officer.

Why it matters: - Stewardship is adding senior finance leadership during a period of growth in grants, assets and donor activity. - The CFO change is meant to support financial strategy, governance and long-term sustainability. - The leadership shift also lets Felicity Griffiths focus on operations, technology and strategic projects.

What happened: - Stewardship appointed Art Russell as its new chief financial officer. - Russell joins the Christian charity after more than 30 years of international financial leadership experience. - Felicity Griffiths will move from chief finance and operating officer to chief operating officer. - Janie Oliver, Stewardship’s CEO, said the appointment comes at a significant point in the organisation’s growth.

The details: - Stewardship reported a record 2024 for grants out, with £106m distributed to more than 12,000 church, charity and Christian worker partners. - Stewardship’s assets under management reached £215m for the first time in 2024. - In 2025, Stewardship said it helped more than 30,000 donors give around £160m in support of over 12,000 churches, charities and Christian workers. - Russell most recently served as CFO of APC Technology Group and SMT Corp. - Russell previously held CFO roles at VivoPower, where he also served as interim chief executive officer, and at Bond Aviation Group. - Earlier in his career, Russell held senior finance roles at NorTerra Inc. and Deloitte Canada. - At Stewardship, Russell will oversee financial strategy, governance and operations. - Stewardship described its mission as helping Christians be wise and generous stewards of what God entrusts to them. - Griffiths has served as Stewardship’s CFOO since January 2024.

Between the lines: - Stewardship is signaling that its next phase of growth depends on tighter financial controls as well as operational execution. - The split between CFO and COO duties suggests the organisation is separating finance oversight from broader internal operations. - Oliver framed the move as both a succession step and a way to sustain momentum in technology and strategic work. - Russell framed the role as an opportunity to strengthen governance and support sustainable growth.

What’s next: - Russell is expected to take responsibility for Stewardship’s financial leadership as the organisation continues expanding its services. - Griffiths will now concentrate on operational excellence, service delivery and organisational effectiveness. - Stewardship appears set to keep building on its record fundraising and asset growth while refining its leadership structure.

The bottom line: - Stewardship is betting that a dedicated CFO will help it scale without losing financial discipline.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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