Its interim director, Anne Beyersdorfer, a "longtime family friend of Mortenson, " will eventually give way to a new chief executive, Bullock told reporters Thursday.
"Greg and our overseas managers have dedicated their lives to helping fulfill countless dreams and aspirations, and we are honored to continue our life-changing work together, " said Beyersdorfer.
"While we respectfully disagree with some of the analysis and conclusions in the (attorney general's) report, we look forward to moving ahead as an even stronger organization, " Beyersdorfer wrote.