Women Lead the Way: A Legacy of Female Excellence in Finance
USAFriday, November 15, 2024
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Betsy Ward, the pioneering woman who became MassMutual's first female CFO, is hanging up her hat after a remarkable 30-year career. But the finance helm at this Fortune 500 giant will stay in women's hands. Meet Mary Jane (MJ) Fortin, the next in line, known for her stellar track record at Thrivent Financial and Allstate. With 35 years under her belt, Fortin brings a wealth of experience that MassMutual's chairman, Roger Crandall, believes will be invaluable.
Ward's journey at MassMutual has been nothing short of inspiring. She's held various leadership roles, steering the company through periods of unparalleled growth. Under her guidance, MassMutual hit record-high capital levels and maintained robust financial strength.
Ward believes that young women starting out in finance should focus on being intellectually curious and honing their technical skills. She emphasizes the importance of a detailed understanding of business drivers for effective strategic decision-making down the line.
To foster a pipeline of women leaders in finance, Ward underscores the necessity of meritocracy and development. Objective metrics and fair distribution of opportunities, she says, are key. Plus, investing in women's development and encouraging relationships that support strategic thinking can make a significant difference.