She’s Aiming for Growth and Innovation
Raichelle L. Kallery joined a rarefied group in January: She’s now one of only 22 female CEOs at Massachusetts’ 128 banking institutions, and the first female CEO in The Savings Bank’s 155-year history.
More Women Made List of Top-Paid CEOs in 2023, But Numbers Still Small
More women are attaining the top job at companies in the S&P 500, including a top bank CEO, but their numbers are still minuscule compared to their male counterparts.
Building Community Wealth Through Patient Capital
Roxbury-based BlueHub Capital’s Karen Kelleher is seeing no let-up in demand for the lender’s services as an intermediary piecing together financing packages for real estate projects in low-income communities.
Competitive Workplaces Don’t Work for Gender Equality
Firms where employees battle against each other for rank, bonuses and promotions are common in law and finance. But while, on its face, they are gender-neutral, they actually worsen gender inequality.
Chase’s New England Head Leaves for Atlanta Post
Roxann Cooke, one of the most prominent Black women in the Massachusetts banking industry, is leaving Boston. But she’s staying with JPMorgan Chase.
Trust Matters in Wealth and Banking
For 30 years, Anne Tangen had served wealth management clients at Fidelity and running a State Street Bank business unit that generated $90 million per year, until she found herself drawn to community banking.
Middlesex Savings Names Next CEO
One of the state’s largest mutual banks announced its CEO succession plan Wednesday morning.
Washington Trust Gets First Female President
The Washington Trust Co. is known as the oldest community bank in the United States, but no woman has ever held the title of president and COO of the bank until Mary Noons steps into the role this week.
This Month in History: Women Finally Get Credit
If you were a married woman before the mid-1970s, it was tough to impossible get a fair loan or even a credit card without your husband co-signing. And if you were single – forget it.
How I’ve Strived for Equity in Bank Leadership
The banking industry is experiencing an awakening that corporate governance, whether in the executive suite or board of directors level, must be reflective and inclusive of the communities we serve.
First Female President in 175 Years
Gloucester-native Marianne Smith was a college student when she first worked at Cape Ann Savings Bank as a teller. Thirty years and jobs at several other institutions later, she became its first female president, ever.
Study: Racial Diversity Stagnated on Corporate Boards
Many U.S. companies have rushed to appoint Black members to their boards of directors since racial justice protests swept the country last year.
‘SheCession’ Panelists Say Benefits, Flexibility Could Lift All Workers
Benefits for child and elder care, scheduling flexibilities and a knocking down of stigmas around taking advantage of those flexibilities could help employers encourage women to stay in or return to the workforce after more than a year of COVID-19 disruptions, panelists said Wednesday during a Greater Boston Chamber of Commerce event.
Moving from Media to Banking
Jane Bowman had spent most of her career in the media industry before joining Weymouth-based South Shore Bank a month ago to lead the lender’s new brand, “sharing success.” and brings an outsider perspective to the problems of bank marketing.
It’s Time to Value Women in the Workforce
Three million women have left the workforce since the start of the pandemic. Vice President Kamala Harris has called it a national emergency – and it is – but what are the causes and what can corporate leaders do about it?
Bringing the HR Perspective to Leadership
Diane Mahoney began her banking career as a part-time teller at Bank of Boston, has spent most of her career in human resources. Now, she’s the first female CEO of Leominster Credit Union.
Citi Picks Jane Fraser as Next CEO, First Woman in that Role
Citigroup announced that Jane Fraser would succeed Michael Corbat as the bank’s next chief executive, making Fraser the first woman to ever lead a Wall Street bank.
Leading Customers Through the Crisis
Anne Tangen became BankFive’s first woman president April 6 and will become CEO in June, in the teeth of the coronavirus pandemic.
An Avid Manager of Risk
As Avidia Bank’s CFO, Margaret Sullivan has a key role to play in helping manage risk, and in the process helping Avidia emerge as one of the most forward-thinking community banks in Massachusetts.
Why Are There So Few Women CEOs?
Women comprise about 47 percent of the U.S. workforce, yet they make up barely a quarter of all senior executives at large U.S. public companies. Here’s how to fix that.
