Family Wealth Report understands this is a new role at the company.

Foundation Source, which serves private foundations, has brought in former Bloomberg executive Susan Calzone as chief operating officer.

Calzone spent the last five years as COO of two early-stage companies in the medical devices and ecommerce industries.

Before that, she served for 19 years as chief administrative officer of Bloomberg and from 2006-2010 was also an executive with Bloomberg Philanthropies.

Calzone’s principal responsibility at Foundation Source will be managing client services, financial operations, tax and legal, account services, and the technology and infrastructure that supports these areas.

She will report to Robert Chartener, chief executive.