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Anne Finucane

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Anne Finucane
Personal details
Born (1952-07-18) July 18, 1952 (age 72)
Boston, Massachusetts, U.S.
SpouseMike Barnicle
Children4 (plus 3 stepchildren)
EducationUniversity of New Hampshire, Durham (BA)

Anne Finucane (born July 18, 1952) is an American banker who was vice chair of Bank of America and chair of Bank of America Europe until retiring from the bank in 2021,[1] after which she became a senior advisor to TPG Rise Climate and chair of Rubicon Carbon.[2][3] While at Bank of America, she led its socially responsible investing, global public policy, and environmental, social and corporate governance committee.[4][5]

Finucane started working in the banking industry in 1995, when she joined Fleet Financial, which later merged with the short-lived BankBoston to become part of Bank of America. She is on the board of several organizations and lives in Lincoln, Massachusetts.

Early life and education

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Finucane was born to an Irish-American family, and raised as the fourth of six children in Newton, Massachusetts.[6] The lineages of both her parents trace back to County Cork.[7] Her father, William, "was general counsel to the Boston Patriots and local banks.[8] Her mother, Mary, was a homemaker and distant relative of Tip O'Neill.[6] Finucane was friends with one of Robert Q. Crane's daughters, and Crane introduced Finucane to the then Mayor of Boston, Kevin White. Following completion of her studies at the University of New Hampshire, Finucane worked in the mayor's arts office.[6]

Career

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Finucane entered the banking industry when she joined Fleet Financial in 1995, as head of corporate affairs and marketing.[6] She worked to improve the bank's reputation following a subprime lending crisis, and helped in company acquisitions.[6] Fleet Financial later merged with BankBoston, then Bank of America.[6] Finucane became FleetBoston Financial's executive vice president for corporate marketing and communications.[9] She was Bank of America's global chief strategy and marketing officer after the financial crisis of 2007–2008 when the bank lost 55% of its value, "symboliz[ing] all that was wrong" with US banks.[6][10][11]

She became the company's vice chair in 2015.[12][13] Finucane co-chaired the company’s sustainable markets committee, chairs the environmental, social and corporate governance committee, leads customer analytics, global marketing, and public policy strategies,[14][15] and chairs the Bank of American Charitable Foundation.[16]

In mid-2017, Finucane was reportedly considered for Uber's vacant chief executive officer position,[17] following the resignation of Travis Kalanick.[11][18] In September 2017, she led the Bank of America's European bank board, retiring in 2021.[19][20][21]

Recognition

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Anne Finucane in 2017

Finucane ranked sixth on Boston's list of "The 100 Women Who Run This Town" in 2010.[9] She has ranked highly on lists of influential American women, including American Banker's "most powerful women" lists in 2009,[22] 2011–2012,[23][24] and 2014–2017,[17][25][26] [27] Fortune's "most powerful women" lists between 2016 and 2020,[14][28] [29] [30][31][32] and Forbes' "most powerful women" lists in 2019 and 2020.[33] Finucane was included in PRWeek's 2013 "Power List",[34] and ranked number 20 in Forbes' 2014 list of "50 Most Influential CMOs" in the world.[35][36] She was named to Barron's 100 Most Influential Women in U.S. Finance list in 2021.[37] In 2019, Finucane was inducted into the American Advertising Federation's Advertising Hall of Fame.[38] Other honors include induction into the Academy of Distinguished Bostonians by the Greater Boston Chamber of Commerce,[39] and a Matrix Award from the Association for Women in Communications' New York affiliate, both in 2013. Additionally, she was honored by the Roman Catholic Archdiocese of Boston's Planning Office for Urban Affairs for her "commitment and work in the name of social justice" in 2017.[40]

Finucane was selected for the inaugural 2021 Forbes 50 Over 50; made up of entrepreneurs, leaders, scientists and creators who are over the age of 50.[41]

Other work

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U.S. President Joe Biden appointed Finucane to the President's Intelligence Advisory Board in 2022.[42] As of 2016, she was advising U.S. Secretary of State John Kerry as part of the Department of State's Foreign Affairs Policy Board.[43] Finucane is a member of the Council on Foreign Relations[44] and the Global Leadership Council for the Rockefeller Foundation's Global Energy Alliance for People and Planet,[45] and previously served on the World Bank Group's Women Entrepreneurs Finance Initiative.[46]

Finucane serves on the boards of Williams-Sonoma, Inc.,[47][48] CVS Health (since January 2011),[49][50] Partners HealthCare,[44] Brigham and Women's Hospital (as vice chair of trustees),[51] One Campaign,[52] Special Olympics (as vice chair and lead director),[53][54] and The Ireland Funds.[55][56][57] Previously, she has served on the boards of Carnegie Hall, the National September 11 Memorial & Museum,[58] the International Center for Journalists, the John F. Kennedy Presidential Library, the Boston Public Library Foundation, the Museum of Fine Arts, Boston, and the John F. Kennedy Library Foundation,[59][60] and she was president of the Massachusetts Women's Forum.[61]

Personal life

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Finucane is married to the journalist Mike Barnicle, who has three children from another marriage; the couple have four adult children of their own,[62] and live in Lincoln, Massachusetts.[6][7] In 2012, Boston magazine included Finucane and Barnicle in a list of the city's "power couples".[63]

References

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  1. ^ Nguyen, Lananh (August 26, 2021). "Two of Bank of America's Post-Crisis Leaders Will Retire". The New York Times.
  2. ^ Menconi, Arn (June 24, 2024). "Toward net zero: Insights and innovations from Aspen Ideas Festival". The Aspen Times.
  3. ^ David, Javier E. (November 30, 2022). "Ex-banker crosses the Rubicon to build carbon sector". Axios.
  4. ^ "World's Best Bank for Corporate Responsibility 2020: Bank of America". Euromoney. 2020-09-10. Retrieved 2021-08-03.
  5. ^ Colman, Zack (12 March 2021). "Kerry to Wall Street: Put your money behind your climate PR". POLITICO. Retrieved 2021-08-03.
  6. ^ a b c d e f g h Story, Louise; Morgenson, Gretchen (January 14, 2012). "The Image Officer with a Lot to Fix". The New York Times. ISSN 0362-4331. OCLC 1645522. Retrieved January 10, 2018.
  7. ^ a b "Anne Finucane/Bank of America". Irish America. January 2011. ISSN 0884-4240. Retrieved January 10, 2018.
  8. ^ "The Boston Globe from Boston, Massachusetts on February 5, 2017 · B10". The Boston Globe. 2017-02-05. Archived from the original on 2021-07-22. Retrieved 2021-07-23.
  9. ^ a b "Power: The 100 Women Who Run This Town". Boston. Metrocorp. October 5, 2010. Retrieved January 10, 2018.
  10. ^ Portillo, Caroline McMillan (September 22, 2014). "Straight talk from the so-called 'brutal' Anne Finucane, one of banking's most powerful women". The Business Journals. American City Business Journals. Retrieved January 4, 2018.
  11. ^ a b Kosoff, Maya (July 21, 2017). "Uber Gets a New Front-Runner in the Race to Replace Travis Kalanick". Vanity Fair. Condé Nast. Retrieved January 10, 2018.
  12. ^ "Bank of America names Anne Finucane vice chairwoman". The Boston Globe. July 22, 2015. Retrieved January 11, 2018.
  13. ^ D'Silva, Anil; Maan, Lehar; Raman, Rama Venkat (July 22, 2015). "Bank of America replaces CFO in management shake-up". Reuters. Retrieved January 11, 2018.
  14. ^ a b "Most Powerful Women". Fortune. Time Inc. 2017. ISSN 0015-8259. Archived from the original on December 5, 2017. Retrieved January 4, 2018.
  15. ^ Gernon, David (July 20, 2017). "A Bank of America vice chairman has been contacted about Uber's vacant CEO position, according to a report". CNBC. Retrieved January 4, 2018.
  16. ^ Peters, Andy (July 20, 2017). "B of A's Finucane said to be in the running for Uber CEO job". American Banker. Retrieved January 9, 2018.
  17. ^ a b Wack, Kevin (September 25, 2017). "Most Powerful Women in Banking: No. 9, B of A's Anne Finucane". American Banker. ISSN 0002-7561. Retrieved January 9, 2018.
  18. ^ Primack, Dan (July 20, 2017). "Scoop: Bank of America exec discussed for Uber CEO role". Axios. Axios Media. Retrieved January 10, 2018.
  19. ^ "Moves: Bank of America names leaders for new European hub". Reuters. September 27, 2017. Retrieved January 10, 2018.
  20. ^ Brennan, Joe (September 27, 2017). "Bank of America picks top executive to run post-Brexit EU hub in Dublin". The Irish Times. Irish Times Trust. Retrieved January 11, 2018.
  21. ^ Nguyen, Lananh (2021-08-26). "Two of Bank of America's Post-Crisis Leaders Will Retire". The New York Times. Retrieved 2024-06-04.
  22. ^ "The 25 Most Powerful Women in Banking Take Charge in Turbulent Times". American Banker. 2009-10-01. Retrieved 2021-07-21.
  23. ^ "The 25 Most Powerful Women in Banking". American Banker. 2011-09-25. Retrieved 2021-07-21.
  24. ^ "Women in Banking: The Most Powerful in 2012". American Banker. 2012-10-01. Retrieved 2021-07-21.
  25. ^ "No. 12: Anne Finucane, Bank of America". American Banker. September 22, 2015. Retrieved January 9, 2018.
  26. ^ "The 25 Most Powerful Women in Banking". American Banker. 2014-09-22. Retrieved 2021-07-21.
  27. ^ "10. Anne Finucane, Bank of America". American Banker. September 25, 2016. Retrieved January 9, 2018.
  28. ^ "Most Powerful Women 2016: Anne Finucane". Fortune. Archived from the original on 2020-08-05.
  29. ^ Henderson, Bruce (September 8, 2016). "Duke Energy CEO moves up Fortune's "most powerful women" list". The Charlotte Observer. The McClatchy Company. ISSN 2331-7221. Retrieved January 11, 2018.
  30. ^ "Most Powerful Women 2018: Anne Finucane". Fortune. Archived from the original on 2020-08-04.
  31. ^ "Most Powerful Women 2019: Anne Finucane". Fortune. Archived from the original on 2020-08-06.
  32. ^ "Most Powerful Women 2020: Anne Finucane". Fortune. Archived from the original on 2020-10-31.
  33. ^ "Anne Finucane". Forbes. Retrieved 2021-07-21.
  34. ^ "Anne Finucane: Power List 2013". PRWeek. Haymarket Media Group. July 1, 2013. Retrieved January 10, 2018.
  35. ^ Monllos, Kristina (November 7, 2014). "Here Are Forbes' 50 Most Influential CMOs of 2014". Adweek. Beringer Capital. ISSN 0199-2864. Retrieved January 11, 2018.
  36. ^ Rooney, Jennifer (November 7, 2014). "The World's Most Influential CMOs 2014". Forbes. ISSN 0015-6914. Retrieved January 11, 2018.
  37. ^ Norton, Leslie P. "Anne Finucane". www.barrons.com. Retrieved 2021-07-21.
  38. ^ "Advertising Hall of Fame 2019 | AAF". www.aaf.org. Retrieved 2021-07-21.
  39. ^ Reidy, Chris (February 13, 2013). "Greater Boston Chamber of Commerce will honor Deval Patrick, Anne Finucane, and David McCullough as 'distinguished Bostonians'". Boston.com. Boston Globe Electronic Publishing Inc. Retrieved January 11, 2018.
  40. ^ "Finucane honored by Planning Office for Urban Affairs". The Pilot. Roman Catholic Archdiocese of Boston. June 16, 2017. ISSN 0744-933X. Retrieved January 11, 2018.
  41. ^ Gross, Elana Lyn; Voytko, Lisette; McGrath, Maggie (2021-06-02). "The New Golden Age". Forbes. Retrieved 2021-06-02.
  42. ^ "President Biden Announces Key Appointments to Boards and Commissions". whitehouse.gov. October 14, 2022.
  43. ^ "The 25 Most Powerful Women in Banking". American Banker. September 25, 2016.
  44. ^ a b "Finucane honored by Planning Office for Urban Affairs". The Pilot. Roman Catholic Archdiocese of Boston. June 16, 2017. ISSN 0744-933X. Retrieved January 11, 2018.
  45. ^ Heath, Ryan (September 21, 2022). "Norway open to gas price caps". Politico.
  46. ^ "CJ vice chair appointed to women's business initiative". Korea JoongAng Daily. May 1, 2018.
  47. ^ Leung, Shirley (December 29, 2021). "Twice, Anne Finucane stepped back from her career. She still became one of the most powerful women in Corporate America". The Boston Globe. She also will continue to serve on the boards of CVS Health and Williams-Sonoma
  48. ^ "Anne Finucane". Williams-Sonoma, Inc.
  49. ^ Cite error: The named reference AB20152 was invoked but never defined (see the help page).
  50. ^ "Anne M. Finucane". CVS Health. Archived from the original on May 4, 2018. Retrieved March 5, 2018.
  51. ^ "Brigham and Women's Hospital Leadership". Brigham and Women's Hospital.
  52. ^ "Anne Finucane". One Campaign.
  53. ^ Cite error: The named reference IrishAmerica2 was invoked but never defined (see the help page).
  54. ^ "Anne Finucane: Board of Directors". Special Olympics.
  55. ^ "Board of Directors". The Ireland Funds.
  56. ^ Cite error: The named reference Brennan2 was invoked but never defined (see the help page).
  57. ^ "Anne Finucane honored by American Ireland Fund". The Boston Globe. November 14, 2015. Retrieved January 11, 2017.
  58. ^ "Board of Trustees". National September 11 Memorial & Museum.
  59. ^ "JFK Library Foundation selects first female chief". The Boston Globe. January 29, 2014. Retrieved January 11, 2017.
  60. ^ McCambridge, Ruth (August 7, 2015). "The JFK Museum's Epic Argument". Nonprofit Quarterly. Retrieved January 11, 2018.
  61. ^ Cite error: The named reference Power2 was invoked but never defined (see the help page).
  62. ^ Ferro, Shane (January 21, 2016). "Banking Doesn't Have to Be a Boys' Club, Bank of America Exec Says". HuffPost. Retrieved January 11, 2018.
  63. ^ "Boston's Power Couples". Boston. March 28, 2012. Retrieved August 4, 2021.
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