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Anne Finucane (born 1952) is an American banker who is vice chair of Bank of America and chair of the board of Bank of America Europe. She leads the bank's
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, global
public policy Public policy is an institutionalized proposal or a decided set of elements like laws, regulations, guidelines, and actions to solve or address relevant and real-world problems, guided by a conception and often implemented by programs. Public ...
, and
environmental, social and corporate governance ESG (environmental, social, and corporate governance) data reflect the negative externalities (costs to others) caused by an organization with respect to the environment, to society and to corporate governance. ESG data can be used by investo ...
committee. She has worked in the banking industry since 1995, when she joined Fleet Financial, which later merged with the short-lived
BankBoston BankBoston was a bank based in Boston, Massachusetts, which was created by the 1996 merger of Bank of Boston and BayBank. One of its predecessor banks started in 1784, but the merged BankBoston was short-lived, being acquired by Fleet Bank in 199 ...
to become part of Bank of America. She serves on the boards of several organizations. She lives in
Lincoln, Massachusetts Lincoln is a town in Middlesex County, Massachusetts. The population was 7,014 according to the 2020 United States Census, including residents of Hanscom Air Force Base that live within town limits. The town, located in the MetroWest region of ...
.


Early life and education

Finucane was born to an
Irish-American , image = Irish ancestry in the USA 2018; Where Irish eyes are Smiling.png , image_caption = Irish Americans, % of population by state , caption = Notable Irish Americans , population = 36,115,472 (10.9%) alone ...
family, and raised as the fourth of six children in
Newton, Massachusetts Newton is a city in Middlesex County, Massachusetts, United States. It is approximately west of downtown Boston. Newton resembles a patchwork of thirteen villages, without a city center. According to the 2020 U.S. Census, the population of N ...
. The lineages of both her parents trace back to
County Cork County Cork ( ga, Contae Chorcaí) is the largest and the southernmost county of Ireland, named after the city of Cork, the state's second-largest city. It is in the province of Munster and the Southern Region. Its largest market towns are ...
. Her father, William, "was general counsel to the
Boston Patriots Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most p ...
and local banks. Her mother, Mary, was a homemaker and distant relative of
Tip O'Neill Thomas Phillip "Tip" O'Neill Jr. (December 9, 1912 – January 5, 1994) was an American politician who served as the 47th speaker of the United States House of Representatives from 1977 to 1987, representing northern Boston, Massachusetts, as ...
. 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 The University of New Hampshire (UNH) is a public land-grant research university with its main campus in Durham, New Hampshire. It was founded and incorporated in 1866 as a land grant college in Hanover in connection with Dartmouth College, mov ...
, Finucane worked in the mayor's arts office.


Career in banking

Finucane entered the banking industry when she joined Fleet Financial in 1995, serving as head of corporate affairs and marketing. She worked to improve the bank's reputation following a
subprime lending In finance, subprime lending (also referred to as near-prime, subpar, non-prime, and second-chance lending) is the provision of loans to people in the United States who may have difficulty maintaining the repayment schedule. Historically, subpri ...
crisis, and helped in company acquisitions. Fleet Financial later merged with
BankBoston BankBoston was a bank based in Boston, Massachusetts, which was created by the 1996 merger of Bank of Boston and BayBank. One of its predecessor banks started in 1784, but the merged BankBoston was short-lived, being acquired by Fleet Bank in 199 ...
, then Bank of America. Finucane became FleetBoston Financial's executive vice president for corporate marketing and communications. She was Bank of America's global chief strategy and marketing officer after the
financial crisis of 2007–2008 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...
when the bank lost 55% of its value, "symboliz ngall that was wrong" with US banks. She became the company's vice chair in 2015. Finucane co-chairs the company’s sustainable markets committee, chairs the
environmental, social and corporate governance ESG (environmental, social, and corporate governance) data reflect the negative externalities (costs to others) caused by an organization with respect to the environment, to society and to corporate governance. ESG data can be used by investo ...
committee, leads customer analytics,
global marketing Global marketing is defined as “marketing on a worldwide scale reconciling or taking global operational differences, similarities and opportunities in order to reach global objectives". Global marketing is also a field of study in general busi ...
, and
public policy Public policy is an institutionalized proposal or a decided set of elements like laws, regulations, guidelines, and actions to solve or address relevant and real-world problems, guided by a conception and often implemented by programs. Public ...
strategies, and chairs the Bank of American Charitable Foundation. According to ''
American Banker ''American Banker'' is a Manhattan-based trade publication covering the financial services industry. Originally a daily newspaper, the print edition ceased publication in 2016, with an online edition continuing to be updated. The first issue of ...
'', she works with the
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and the
World Economic Forum The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...
. In mid-2017, Finucane was reportedly considered for
Uber Uber Technologies, Inc. (Uber), based in San Francisco, provides mobility as a service, ride-hailing (allowing users to book a car and driver to transport them in a way similar to a taxi), food delivery (Uber Eats and Postmates), pack ...
's vacant
chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
position, following the resignation of
Travis Kalanick Travis Cordell Kalanick (; born August 6, 1976) is an American businessman best known as the co-founder and former chief executive officer (CEO) of Uber. Previously he worked for Scour, a peer-to-peer file sharing application company, and was th ...
. In September 2017, she led the Bank of America's European bank board.


Recognition

Finucane ranked sixth on ''
Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most p ...
'' list of "The 100 Women Who Run This Town" in 2010. She has ranked highly on lists of influential American women, including ''
American Banker ''American Banker'' is a Manhattan-based trade publication covering the financial services industry. Originally a daily newspaper, the print edition ceased publication in 2016, with an online edition continuing to be updated. The first issue of ...
'' "most powerful women" lists in 2009, 2011–2012, and 2014–2017, '' Fortune'' "most powerful women" lists between 2016 and 2020, and ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also rep ...
'' " most powerful women" lists in 2019 and 2020. Finucane was included in ''
PRWeek ''PRWeek'' is a trade magazine for the public relations industry. The original UK edition was the brainchild of the late Geoffrey Lace who at the time worked for Haymarket. After failing to interest Haymarket in his idea he left to launch it on ...
'' 2013 "Power List", and ranked number 20 in ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also rep ...
'' 2014 list of "50 Most Influential CMOs" in the world. She was named to Barron's 100 Most Influential Women in U.S. Finance list in 2021. In 2019, Finucane was inducted into the
American Advertising Federation The American Advertising Federation (AAF), headquartered in Washington, D.C., is the oldest national advertising trade association in the United States. The AAF also has 15 district operations, each located in and representing a different region ...
's
Advertising Hall of Fame The Advertising Hall of Fame, operated by the American Advertising Federation (AAF), began in 1948 as a result of a proposal by the New York Ad Club and its president, Andrew Haire, to the Advertising Federation of America, the predecessor organiza ...
. Other honors include induction into the Academy of Distinguished Bostonians by the Greater Boston Chamber of Commerce, and a Matrix Award from the
Association for Women in Communications The Association for Women in Communications (AWC) is an American professional organization for women in the communications industry. History Theta Sigma Phi The Association for Women in Communications began in 1909 as Theta Sigma Phi (), an ho ...
New York affiliate, both in 2013. Additionally, she was honored by the
Roman Catholic Archdiocese of Boston The Archdiocese of Boston ( la, Archidiœcesis Bostoniensis) is a Latin Church ecclesiastical territory or archdiocese of the Catholic Church located in the New England region of the United States. Its territorial remit encompasses the whole of ...
's Planning Office for Urban Affairs for her "commitment and work in the name of social justice" in 2017. 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.


Personal life

Finucane is married to the journalist
Mike Barnicle Michael Barnicle (born October 13, 1943) is an American print and broadcast journalist, and a social and political commentator. He is a senior contributor and the veteran columnist on MSNBC's ''Morning Joe''. He is also seen on NBC's ''Today Sho ...
, who has three children from another marriage; the couple have four adult children of their own, and live in
Lincoln, Massachusetts Lincoln is a town in Middlesex County, Massachusetts. The population was 7,014 according to the 2020 United States Census, including residents of Hanscom Air Force Base that live within town limits. The town, located in the MetroWest region of ...
. In 2012, ''
Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most p ...
'' magazine included Finucane and Barnicle in a list of the city's "power couples". Finucane has been on the boards of The American Ireland Fund,
Brigham and Women's Hospital Brigham and Women's Hospital (BWH) is the second largest teaching hospital of Harvard Medical School and the largest hospital in the Longwood Medical Area in Boston, Massachusetts. Along with Massachusetts General Hospital, it is one of the two fo ...
,
Carnegie Hall Carnegie Hall ( ) is a concert venue in Midtown Manhattan in New York City. It is at 881 Seventh Avenue, occupying the east side of Seventh Avenue between West 56th and 57th Streets. Designed by architect William Burnet Tuthill and built b ...
,
CVS Health CVS Health Corporation (previously CVS Corporation and CVS Caremark Corporation) is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance pro ...
(since January 2011), the
International Center for Journalists International Center for Journalists (ICFJ) is a non-profit, professional organization located in Washington, D.C., United States, that promotes journalism worldwide. Since 1984, the International Center for Journalists has worked directly with m ...
, the John F. Kennedy Presidential Library, Boston Public Library Foundation and
Museum of Fine Arts, Boston The Museum of Fine Arts (often abbreviated as MFA Boston or MFA) is an art museum in Boston, Massachusetts. It is the 20th-largest art museum in the world, measured by public gallery area. It contains 8,161 paintings and more than 450,000 works ...
, the John F. Kennedy Library Foundation,
Partners HealthCare Mass General Brigham (MGB) is a Boston-based non-profit hospital and physician network that includes Brigham and Women's Hospital (BWH) and Massachusetts General Hospital (MGH), two of the nation's most prestigious teaching institutions. It was f ...
, and the
Special Olympics Special Olympics is the world's largest sports organization for children and adults with intellectual disabilities and physical disabilities, providing year-round training and activities to 5 million participants and Unified Sports partners in 1 ...
. She is a member of the
Council on Foreign Relations The Council on Foreign Relations (CFR) is an American think tank specializing in U.S. foreign policy and international relations. Founded in 1921, it is a nonprofit organization that is independent and nonpartisan. CFR is based in New York City ...
, and has been president of the Massachusetts Women's Forum.


References


External links

* * * {{DEFAULTSORT:Finucane, Anne American people of Irish descent American women bankers American bankers American women in business Bank of America people Living people People from Boston People from Lincoln, Massachusetts People from Newton, Massachusetts University of New Hampshire alumni 1952 births 21st-century American women