Karen Schaefer, Advisor, Donovan Capital Group

Karen Schaefer

Operating Partner

Ms. Schaefer held numerous leadership positions within the Central Intelligence (CIA) during her 26-year career, with overseas assignments as an operations officer in Latin America, Europe, Afghanistan and Iraq (where she served as Chief of Base).

Her headquarters positions included Chief of Operations, Directorate of Science and Technology; Deputy Associate Director of Military Affairs; Deputy Chief of Counterintelligence, Near East Division; Executive Assistant to Deputy Director CIA; and Group Chief, Iran Operations Division. She also served as Director of Intelligence Programs at the National Security Council (NSC), where she managed the President’s covert action programs.

She closed out her government career as the Associate Executive Assistant Director (AEAD) of the National Security Branch, Federal Bureau of Investigation (FBI), the Director’s Senior CIA Representative. Ms. Schaefer served as the Policy Lead for the Biden Transition Team Central Intelligence Review Team in 2020.

In addition to her new role with Donovan Capital Group, Ms. Schaefer currently sits on the board of Microstrategy Government Services and Seerist. She also sits on the advisory boards of the International Spy Museum, Third Option Foundation, FAMIL, and the Sycamore Institute and is an Expert for the Cipher Brief.  

Ms. Schaefer holds a BA in Spanish and Foreign Affairs from the University of Virginia, and her awards include the Presidential Rank Award, Distinguished Career Intelligence Medal, the CIA Director’s Medal for Extraordinary Fidelity and Essential Service, the United States Special Operations Command Outstanding Civilian Service Medal, and two Director of National Intelligence Exceptional Achievement Medals.