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, but their numbers are still minuscule compared to their male counterparts.
More women are attaining the top job at companies in the S&P 500, but their numbers are still minuscule compared to their male counterparts.
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 chief operating officer of the bank. Until Mary Noons takes the job this month, that is.
Diane Arnold had a summer job in Branford as a banker teller, but after graduating from college, she began working in the insurance industry. That career was short-lived, though, after Arnold received a call from Essex Savings Bank’s Gregory Shook asking her to return to the bank and go through a management training program. She has been in banking ever since, working on commercial lending.
Essex Savings Bank has elevated two senior staff to higher roles.
Many U.S. companies have rushed to appoint Black members to their boards of directors since racial justice protests swept the country last year.
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.
Cynthia Merkle, president and CEO of Union Savings Bank, was elected as the first woman chair of the Connecticut Bankers Association at its annual meeting and conference.
Industry groups around the country marked Equal Pay Day on Tuesday to call attention to the gap between women’s earnings and men’s earnings, particularly in the banking and real estate fields.
The reaction to the article “Women In Banking,” published in The Warren Group’s Banking New England magazine, was overwhelmingly positive from men and women at all levels of the corporate hierarchy.