Mainebiz

W W W. M A I N E B I Z . B I Z 17 A P R I L 2 , 2 0 1 8 F O C U S B A N K I N G / F I N A N C E private lives. Female managers, senior managers and executives are, in fact, 20% to 30% more likely to leave their job than peers in other industries. "It is at this point in their career that women vote with their feet," the study concludes. Blazing trails On the national stage, KeyCorp's Beth Mooney stands out as the first female CEO and chairman of a top U.S. bank, and takes her trailblazer role seriously. "I do indeed feel that I carry this role as a special obligation," she told Mainebiz in a telephone interview. "I have felt it since the day I got tapped for this job. Being in the minority as a female, I was very grateful when I got the CEO job and felt I was blazing a very important trail, so this notion of doing it well and being successful for other women is incredibly important." Mooney has served as CEO and chaired the board since May 2011, more than three decades after getting her first job — as a secretary at a bank in Houston. "I graduated summa cum laude and Phi Beta Kappa," she recalls. "When I interviewed for a job, people asked me how fast I could type. You have to start somewhere, and I embraced that and leveraged that pretty quickly. Within a year, I moved from Houston to Dallas, and was very committed to getting into a bank training program." Today, she leads an organization with an equity value of $22 billion, $5 billion in revenue and 18,000 employ- ees. Gender diversity is a priority, as reflected in 29% female board repre- sentation and 31% female representa- tion among executives and senior-level officials, and extends to pay equity. In Maine, where KeyBank employs 450 at 49 branches, Portland-based senior vice president and regional trust director Dianne Nason says she appre- ciates the culture of collaboration and communication Mooney has created. "She empowers employees by listening to their ideas and forcing change where others would not have the determination to do so." Nason, who has been with the bank for more than 36 years, is herself is a trailblazer of sorts in trust administration. "When I first got into trust admin- istration, it was highly dominated by men, and they sort of questioned me if that was the role I really wanted," she explains. "I definitely did, so there was certainly no holdback for that. Now if I look at the stats of trust administra- tion, it's very close to 50/50." Kim Donnelly, senior vice president and director of business banking at Gorham Savings Bank, also sees more women entering that specialty. "ere's less of that glass ceiling here," she says. "I truly feel that the sky's the limit." Colleague Rebecca Winslow, senior vice president and director of retail delivery, feels the same despite challenges along the way. "I literally remember when my whole paycheck went to day care," she says, "but I had a long-term vision and knew I wanted to grow." C O N T I N U E D O N F O L L OW I N G PA G E » BerryDunn's team of seasoned professionals puts its assurance, tax and consulting know-how to work for you in a way that fi ts your operational style. We leverage our industry knowledge to help you make informed decisions and confi dently capitalize on the opportunities that drive value. Gain confi dence. Visit berrydunn.com or call 800.432.7202. confi dence confi dence GAINED Percentage of women in S&P 500 finance companies by level S O U R C E : "Women in Financial Services," 2016 report by Oliver Wyman management consulting firm. 44.7% first- and mid-level 1.4% CEO 19.8% board 27.8% senior level

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