Prudential Financial, Inc. (NYSE:PRU) appointed Lori Dickerson Fouché President and Chief Operating Officer of Prudential's "Group Insurance Business". Lori had been President and CEO of Fireman’s Fund Insurance Company. Read more in the Business Wire press release.
KeyCorp (NYSE: KEY) appointed Maria Teresa Tejada Chief Credit Officer. Maria had been Managing Director responsible for risk underwriting in Europe, Middle East and Africa at Goldman Sachs. Read more in the prnewswire press release.
Don't be fooled by the new report which shows women gaining jobs. "The Labor Department said Friday that the economy added 175,000 jobs in May, with nearly half going to women". The problem is that half of the job growth for women so far in 2013 was in low-wage positions. At Newsonwomen, I have seen this in spades, searching day after day for good jobs being given to women by big companies and finding only half the number I found last year, a huge and disappointing drop. As we celebrate (or should I say mourn) the 50th anniversary of the equal pay act, women are still being paid less than men. Solutions are closer today than ever before but require action on the part of companies. It's not going to just happen.
I'll continue to post recent job appointments and hope companies will start appointing more women. Here are a few:
Virtual Piggy, Inc. (OTCBB: VPIG), the company founded by CEO Dr. Jo Webber (pictured left) that helps young people manage their money decisions,
appointed Rika Nakazawa (pictured right) Vice President of Business Development. Rika had been Vice President of Strategic Partnerships and Business Development at American Express. Read more in the Business Wire press release.
Union Bank appointed Ranjana B. Clark Senior Executive Vice President and Head of Global Treasury Management. Ranjana had been Chief Customer and Marketing Officer at PayPal, and before that was Executive Vice President and Head of Global Strategy at The Western Union Company. Read more in the Business Wire press release.
Cigna Corporation appointed Lisa Bacus Global Chief Marketing Officer. Lisa, who holds an MBA from Duke, had been Executive Vice President and Chief Marketing Officer at American Family Insurance. Read more in the Business Wire press release. Meet Lisa:
The Hartford appointed Susan L. Johnson Vice President of Diversity and Inclusion. Susan had been Vice President of Executive Succession and Diversity Strategies at Pitney Bowes. Read more in the Business Wire press release.
Fifth Third Bancorp (FITB) appointed Maria Veltre Senior Vice President and Chief Marketing Officer. Maria had been Managing Director and Chief Marketing Officer for Small Business at Citibank. Read more in the Business Wire press release.
Prudential Financial, Inc. (NYSE: PRU) appointed Royanne Doi their corporate Chief Ethics Officer and will head of the company’s Global Business Ethics & Integrity Office. Royanne had been chief legal officer at Prudential of Japan. Read more in the Business Wire press release.
Neuberger Berman appointed Susan Kasser Managing Director and Head of Private Debt at Neuberger Berman Alternatives. Susan had been with The Carlyle Group and founding member of Carlyle Mezzanine Partners, and before that, Goldman Sachs. Read more in the prnewswire press release.
Eve Ellis of the Morgan Stanley Wealth Management Division is creating the "Parity Portfolio", a portfolio that invests in companies that commit to having women on their Board of Directors. Read more about it on nytimes.com.
Deloitte appointed Sheila T. Smith Restructuring Services Leader for the Americas. Sheila is Region Principal, Deloitte Financial Advisory Services and the co-leader of Deloitte FAS' Corporate Restructuring Group in the U.S. Read more in the prnewswire press release.
Eileen C. McDonnell (pictured), President and CEO of The Penn Mutual Life Insurance Company, announced Susan T. Deakins will be Senior Vice President and Chief Financial Officer 0f Penn Mutual Life. Susan had been the company's Chief Actuary. Read more in the prnewswire press release.
New York Life appointed Cara-Anne Gagliano Senior Vice President, Technology in the Insurance Group, in charge of "information technology strategy and all application development for life products". Cara-Anne had been Global COO for equities technology at Nomura Securities. Read more in the Business Wire press release.
Chase appointed Thasunda Brown Duckett CEO of their Auto Finance, part of their Consumer & Community Banking division. Thasunda, who holds an MBA from Baylor University, had previously served as national retail sales executive for Chase’s Mortgage Banking division. Read more in the Business Wire press release.
TD Bank appointed Nandita Bakhshi Executive Vice President and Head of Retail Distribution and Products. Before joining TD Bank, Nandita had been EVP of Consumer Deposits and Payments at Washington Mutual (now JP Morgan Chase). See prnewswire press release.
Aetna (NYSE: AET) appointed Nancy Ham Chief Executive Officer of Medicity, their provider of health information exchange technology for hospitals and physicians. Nancy had previously been CEO at MedVentive, the performance analytics company for accountable care organizations and payers. Read more in the Business Wire press release.
BlackRock announced that Ann Marie Petach will take a new job with BlackRock Solutions as Senior Managing Director in the Client Solutions business, "where she will help to develop critical client relationships and business initiatives with a special focus on solutions offerings for public and private pension funds". Ann Marie had been their Chief Financial Officer. Read more in the Business Wire press release.
PwC US appointed Kayla J. Gillan Leader of PwC's Investors' Resource Institute. The Institute is meant to "add value to investors' decision-making processes by sharing PwC's insights and educational materials regarding markets, industries and corporate governance". Kayla, who holds a JD from University of California at Davis, had previously been Deputy Chief of Staff at the Securities and Exchange Commission. Read more in the prnewswire press release.