Bishop of Washington Mariann Edgar Budde has announced the appointment of Timothy R. Schantz as executive vice president and chief operating officer of the Protestant Episcopal Cathedral Foundation, the organization chartered in 1893 to oversee needs shared by the National Cathedral and its affiliated schools. Schantz comes from greater New York City, having served most recently as director of the Mountbatten Institute’s office in Manhattan.

Schantz has more than three decades’ experience in the financial services industry, with a decade or more managing work in merchant banking, alternative asset management, corporate/structured finance, and wealth management. He has been an active board member of such institutions as the Museum of American Finance and the Historical Society of Pennsylvania, serving also as a trustee for the Investment Funds of the Episcopal Diocese of Connecticut.