Table of Contents
Introduction
Anne Finucane is a prominent American banker, vice-chairwoman of Bank of America, and head of Bank of America Europe. She is also one of the most influential women in the US banking industry, according to Barron. Having started her career in the banking sector in 1995, she has accumulated a considerable amount of wealth over the years.
Early life
Anne Finucane is 68 years old, and she was born on July 18, 1952, in Newton, Massachusetts. She is the daughter of William and Mary Finucane, who were immigrants from County Cork, Ireland. Her father, a lawyer, worked for local banks in the area. Her mother, a homemaker, was a distant cousin of Tip O’Neill.
Education
she attended the University of New Hampshire to study,
Career
Finucane joined Fleet Financial in 1995 as head of corporate affairs and marketing. She worked to improve the bank’s reputation after a subprime lending crisis and assisted in company acquisitions.
Fleet Financial later merged with BankBoston, which became Bank of America. 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.
As an executive, Finucane has been known for her expertise in sustainable finance. She has been involved with the World Economic Forum’s Annual Meeting in Davos, Switzerland, and she has spoken on the importance of building Sustainable Markets. She was also an integral part of the Bank of America’s efforts in integrating sustainable and responsible investing into the bank’s culture.
Aside from her job as the vice-chairwoman of Bank of America, Anne Finucane has also been a part of the corporate governance and social committee of the bank. Moreover, she has been involved in the environmental, sustainable finance, and public policy efforts of the bank.
Before she joined the banking industry,
Finucane worked for several advertising firms, including Hill Holiday. During her tenure, she was a top executive, but she left the company in the mid-1990s. Since then, she has been a part of the Bank of America, a subsidiary of Fleet Financial.
Net worth
Anne Finucane’s Total assets are assessed to be between $1 Million and $5 Million bucks. This includes her money, income, and assets. Her work as a banker is her main source of income. Finucane has accumulated wealth through a variety of means, but she prefers to maintain a modest lifestyle.
Given that Anne Finucane works for one of the largest banks in the United States, her salary is substantial. She has made more than 3 exchanges of the CVS Wellbeing stock starting around 2012, as per Structure 4 recorded with the SEC. On January 4, 2016, she made 2,000 sales of CVS stock, which brought in $191,740.
Anne Finucane’s sale of 2,000 shares of CVS Health stock on January 4, 2016, for more than $191,740, was the largest trade she ever made. Since 2011, Anne has traded approximately 152 units every 52 days on average. She had at least 14,719 shares of CVS Health stock as of January 4, 2016. As the Autonomous Overseer of CVS Wellbeing, the complete payment of Anne Finucane at CVS Wellbeing is $280,000.
Anne has sold CVS Health stock worth more than $267,230 over the past ten years and owns over 2,000 shares of CVS Health stock worth more than $819,995. Anne Finucane’s estimated net worth has not decreased from $1.37 million as of January 4, 2016.
Social media
Anne, a skilled banker, has thousands of followers on social media platforms like Twitter and Instagram.
Social work
She is also a member of the board of directors of the American Ireland Fund, the National September 11 Memorial & Museum, and the Brigham and Women’s Hospital. In addition, she serves on the boards of several other nonprofit organizations, including the Council on Foreign Relations.
Marriage
Mike Barnicle, Anne’s hardworking husband, is a happy couple. The couple got married in a private ceremony, and they now have four adult children. Finucane currently resides in Lincoln, Massachusetts, with her husband.
Honors
Anne Finucane positioned 6th on Boston’s rundown of “The 100 Ladies Who Run This Town” in 2010. She has additionally positioned profoundly on arrangements of persuasive American ladies, including American Broker’s “most influential ladies” records in 2015 (twelfth), 2016 (tenth), and 2017 (ninth). Anne was ranked 50th on Fortune’s “most powerful women” list in 2016 and 2017. The American banker made PRWeek’s “Power List” in 2013 and Forbes’ “50 Most Influential CMOs” list in 2014, placing him at number 20.
Different distinctions incorporate enlistment into the Foundation of Recognized Bostonians by the More noteworthy Boston Office of Trade, and a Network Grant from the Relationship for Ladies in Correspondences’ New York member, both in 2013.
Moreover, the Roman Catholic Archdiocese of Boston’s Arranging Office for Metropolitan Undertakings regarded Anne Finucane for her “responsibility and work for the sake of civil rights” in 2017.
Finucane has been honored with numerous professional and public service awards, such as the inaugural International Women’s Media Foundation Leadership Award and the 2013 New York Women in Communications Matrix Award, which honors outstanding lifetime achievements in the communications industry.
American Banker magazine annually names her one of the “25 Most Powerful Women in Banking.” She was named Advertising Women of New York’s 2013 Advertising Woman of the Year.
Anne Finucane is a member of the American Advertising Federation’s Advertising Hall of Fame, and she has been honored with the Roman Catholic Archdiocese of Boston’s honor.
Furthermore, she has been recognized by Forbes as one of the top 50 over 50 entrepreneurs in the world. She has also been named as a member of the “Influential American Women” list by American Banker.
Conclusion
In conclusion, Anne Funicane has made a name as a banker. She is widely regarded as a pioneer in the banking industry for sustainable finance.
Finucane led Bank of America’s successful efforts to reposition the company and repair its reputation following the 2008 financial crisis for the majority of her career. She also oversaw the company’s marketing, communications, and data and analytics.
A deep-rooted boss of ladies’ business visionaries, Finucane utilized her administrative role to grow support for ladies’ pioneers through preparing, admittance to capital, and coaching.
