C. Russell Fletcher III, of Middleburg, Virginia, has been named the chairman of the Board of Trustees of the George C. Marshall Foundation. He succeeds John B. "Jay" Adams, who had served as chairman since 2009. Fletcher has been a member of the Marshall Foundation Board since 2016.

Fletcher is a consultant whose career has been in the property-casualty insurance industry. He currently heads Dundrillin LLC, a diversified financial services consulting firm. Previously, he was CEO of a major reinsurance management company based in Bermuda. He has served as an executive officer of several insurance carriers, including two NYSE holding companies, which he played an integral role in taking public.

A veteran reinsurance underwriter, he was a pioneer in the adoption of stochastic models for underwriting natural catastrophic risk and an early advocate for the movement of reinsurance capital to Bermuda where he spent a significant part of his career.

Fletcher has longstanding ties to the Lexington area as a cum laude graduate of Washington and Lee University (1974) and owner of a family farm in Rockbridge County. In addition, he holds graduate degrees from the University of Pennsylvania's Wharton School (MBA), St. John's College–Annapolis (MALA) and The Johns Hopkins University's School of Advanced International Studies (MIPP). He and his wife reside on their farm near Middleburg where both are active in community affairs.

The independent George C. Marshall Foundation, located in Lexington, Virginia, preserves, protects and promotes the example of George Marshall. It is the only place where the principles that motivated Marshall are kept alive through educational programs, online presence and facilities that include a museum, research library, and archives. The Foundation has 19 members on its Board of Trustees.

George C. Marshall, former Army chief of staff during WWII, secretary of state, secretary of defense and architect of the Marshall Plan for post-war economic recovery, for whom the Foundation is named, died in 1959.