Ashley Shan: Associate, Finance Group, Shearman & Sterling LLP

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Ashley Shan“I’m a diver,” says Ashley Shan, a fourth-year associate at Shearman & Sterling LLP’s New York office. “If I’m new to a place, I want to jump in and learn everything about it and be an active part of the community. That’s what’s driven my career, and I want to bring that opportunity to others.”

Reflecting on her past three years at Shearman, Ashley speaks to the value of building relationships, supporting diverse lawyers and taking the initiative to make things happen.

From Philosophy to Finance

Realizing her B.A. in philosophy and sociology from Vanderbilt wasn’t going to adequately prepare her for modern legal practice, Ashley took advantage of everything Duke Law had to offer to broaden her experiences. She enrolled in the JD/LLM dual-degree program at Duke, which took her to an internship in Tokyo and a summer school in Geneva. “I was a research assistant, a teaching assistant and a senior editor on law review; I took a legal clinic, a practicum course at the business school, and an externship at the Environmental Defense Fund. I had friends from the business school, med school, public policy school and the environmental school.” She continues being active within the Duke NY community.

She encountered Shearman during 1L at a presentation on navigating the on-campus interview process while attending a diversity summit for Asian law students. She stayed in touch with the recruiting team and met other Shearman attorneys, who generously shared their experiences and mentored her. She also spent the rest of 1L reaching out to connections and getting to know other law firms, but the people she met from Shearman made the post-OCI decision simple: she took Shearman’s offer as soon as she received the letter.

Since starting at the Finance Group in 2019, Ashley has worked on a variety of transactions representing corporate borrowers, private equity sponsors and lenders in leveraged finance, structured finance and fund finance. “In the last year, I’ve gravitated towards representing corporate and private equity clients in middle market transactions because you really get to know your clients more holistically. You build a relationship and gain insight into all aspects of their business. I’ve also had the opportunity to dig deeper into more niched topics like liability management transactions and the ins-and-outs of the UCC from working with experts at the firm.”

As a problem solver, she enjoys the variety of the practice, building relationships, and working with senior attorneys, opposing counsel and specialist groups.

Building Community and Inclusion For Asian American Lawyers

When she’s not chewing on her bread-and-butter finance work, Ashley dedicates her time to building communities for AAPI lawyers inside and outside of Shearman. She is the co-chair of Shearman’s AAPI attorneys’ inclusion network – Asian Attorneys for Community, Empowerment and Success (AACES) – as well as the Vice Chair of the Membership Committee of Asian American Bar Association of New York (AABANY).

“Building relationships and showing up for my community is something that I enjoy and that motivates me,” says Ashley.

In addition to being a community for AAPI lawyers within Shearman, AACES also connects them with the broader AAPI legal community in New York State and nationally through organizations like AABANY, South Asian Bar Association of New York (SABANY) and the National Asian Pacific American Bar Association (NAPABA). Last year, through Shearman’s sponsorship, Ashley attended her first NAPABA convention. “It was my first time being surrounded by so many successful AAPI legal professionals. I saw the different ways one’s career can unfold, regardless of where you were born and whether you had lawyers in your family. There’s no ‘right track’ for your career and not just one way of succeeding.”

Compelled by the experience, Ashley has taken steps to strengthen the AACES community. Working with the other co-chairs, she advocated for Shearman to sponsor more professional organizations, increased Shearman attorneys’ participation in external networking events such as the NAPABA convention and brought in a distinguished Shearman alum to share his experience and advice for junior lawyers.

Raising Your Hand Brings More Opportunity

Ashley observes that many new lawyers keep their heads down, do what is told and treat their jobs as a nine-to-five. “I’m not a dabbler; I’m a diver. So if I go into a deal, I want to understand everything about it,” says Ashley. “I won’t let a conversation finish without clearly understanding next steps. I want to know where things are and who is doing what to keep the ball rolling.”

She feels her proactive attitude has invited opportunities, especially at a well-known New York law firm like Shearman. “Since joining Shearman, I’ve worked on headline-worthy deals, presented multiple CLEs, attended industry events, put on my own events, recruited external speakers and sent colleagues to conferences across the nation.” She is well aware of the power of mentors and sponsors along the way. Last year, her practice group leaders nominated her to attend a virtual development program for diverse junior associates at the New York City Bar Association. She also regularly receives support from partners and senior attorneys who guide her based on where she wants to go. In her opinion, sponsorship is a two-way street: “Opportunity only lands on people who seek it. If you want to be sponsored, you need to give people an opportunity to get to know you: what you want to do, what your strengths are, and what challenges you might be facing.”

Looking back at her career, half of which was spent during the pandemic where the practice of law was anything but normal, she credited her growth to an advice from a CrossFit coach: “He told me when you are new to the gym, just be a sponge and observe everything. That’s exactly what I did when I started my career at Shearman.” She regularly encourages law students that she mentors to embrace spontaneity and explore what interests them instead of what they think their career should look like: “There’s no one way to approach being a lawyer, and you never know how each experience is going to ultimately serve you.”

Since participating in pub runs in Durham during law school, one of the craft beer capitals of the U.S., Ashley has seriously upped her running game. She’s done a couple half-marathons and she’s also now completed the nine races and volunteering efforts that guarantee her entry in the New York City 2023 Marathon. Like Ashley says, she’s a diver.

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Women Leaders – Walking Out or Walking Onwards?

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For every woman at the director level that was promoted to the next level in 2021, two women directors walked out the door of their company. Women leaders are now demanding more, and leaving their companies at unprecedented rates, according to The Women in The Workplace 2022 report by LeanIn.Org and McKinsey & Company, who have released the research annually since 2015.

“We’re finally seeing the moment where women in leadership are voting with their feet,” said Alexis Krivkovich, a managing partner at McKinsey and cofounding report author.

In this “profound change,” women are indeed deciding to vote for the workplace they want with the most compelling power they will ever have: their presence, time and energy. Nothing short of this will shake up the workplace as we have known it. No matter the current representation, senior women are going beyond just getting access to upper levels and getting clearer on what they would like to experience and see happen there, and seeking that out. Could senior women’s participation from this place of self-empowerment catalyze greater change?

Women Aren’t Leaving, They’re Leaving For Better

“We are in the midst of a Great Breakup in corporate America. Women leaders are leaving their companies at the highest rate we’ve ever seen. They aren’t leaving the workforce entirely but are choosing to leave for companies with better career opportunities, flexibility, and a real commitment to DEI,” said Sheryl Sandberg, founder of Lean In, who leaned out of Facebook this past summer.

About 10.5% of female leaders (senior management and above) left their companies in 2021, compared to 9% of male leaders. On the average year, the spread is close with only a half-point gap.

Senior women leaders, after all the journey they have gained, aren’t walking out because they don’t think they have choices. They are walking about because they finally know they do – and they are taking their leadership assets with them in search of better opportunities. Having now recovered from pandemic job losses, women are more attuned to the relationship they want (and the ones will not tolerate) within the workplace. Women’s threshold to tolerate toxicity and inequity has been thinned, yet the broken rung is still there and the broken record of unequal outcomes plays wearingly on repeat. Women leaders are voting for the relationships they want to have with work.

Cultures That Work for Women’s Advancement

Women are as ambitious as men. Black women leaders (59%) and women of color (41%) are even more likely to want to be top executives (27%). But only 1 in 4 C-Suite leaders is a woman and only one in 20 is a woman of color. For every 100 men promoted from entry level to manager, just 87 women and 82 women of color are promoted.

And the signals that counter advancement come across in microaggressions or more overt dynamics: Female leaders are twice as likely as male counterparts to be mistaken for someone junior. 37% of women leaders said they’ve had a co-worker get credit for their idea, compared to 27% of men. Black female leaders are 1.5x more likely than women overall to have had their judgment or qualification questioned. Many women still feel undermined or passed over in the workplace.

Recognition for and Performance Consideration Of Essential Work 

While women are twice as likely to do be doing DEI-related and inclusion work that is helping with company performance, they are disproportionally carrying an increasingly ‘valued’ aspect of leadership that too often goes unrecognized and 40% say does not factor into the performance review. Meanwhile, women leaders are more burnt out (43%) than male counterparts (31%).

Flexible Work Cultures that Embody the Talk Around Diversity, Equity and Inclusion

Women want a better work culture. Only 1 in 10 women wants to work on-site most of the time, and women will move for flexibility. It’s not surprising considering that 52% of senior female leaders do most of the family housework and childcare compared to 13% of senior male leaders. Women who work the way they want to feel far happier, feel they have more equal opportunity to advance and are less likely to leave their job. Remote work also provides a reprieve from office-based exclusion and as McKinsey points out, that is a fundamental issue for organizations to address: “Companies cannot rely on remote and hybrid work as a solution; they need to invest in creating a truly inclusive culture.”

Over the past two years, being in a culture committed to well-being and DEI has become more important to women, and they are 1.5 more likely to have left a job because they wanted a more inclusive culture.

Better And More Supportive Managers 

Having a supportive manager is a top three criteria for women when thinking of joining or staying with an organization. Only about half of women say their manager encourages respectful behavior on their team regularly. Less than half say their manager shows interest in their career and helps them manage their workload. Black women and Latinas are particularly less likely to feel their manager shows interest in their career, checks in on their well-being or promotes inclusion on the team. They also experience less psychological safety. Women with various intersectional identities see gaps between the lip service to inclusion and what is actually happening in their experience.

Towards A Work Paradigm That Works For Women?

Female directors are becoming more sensitive to the conditions that don’t work for them, and it matters for them and future generations. Women under 30 are highly ambitious to become senior leaders, but 2/3 would be more interested if they saw senior women with a covetable work-life balance, an increasingly important career requirement for younger people.

The press isn’t focused on how bad this attrition of women leaders is for women. It’s focused on how bad the attrition of women leaders is for organizations. McKinsey has previously found that executives teams in the top quartile of gender diversity have a 25% greater likelihood of outperformance (above average profitability) than those in the bottom. LeanIn.Org and McKinsey have several recommendations for organizations following this recent report.

Stepping back, we are interested in what happens when women leaders take stock of their own value. All along, women have been trying to pave the way for those behind them by fighting to have a seat at the table. But increasingly, women are realizing that modeling leadership is not only about the rooms you are able to walk into, but also the rooms you are willing to walk away from. Because we need to walk towards creating organizational missions and cultures where all women (and people) are welcome and supported to lead and live their lives.

That is the power of esteeming the self. How would that mindset shift, at a collective level, give rise to more change in our workplace?

By Aimee Hansen

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Sabina Munnelly: Partner, Baringa

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Sabina Munnelly“Sometimes you don’t even see your own potential,” says Sabina Munnelly. “But when someone makes it clear that they see something in you, their belief in you can help grow a belief in yourself that you might have not even had.”

Munnelly speaks to openness on your path, being a force of nature, surpassing the barriers and the value of mirrors that reflect and magnify your possibilities.

Embracing Opportunity and Switching It Up

Since the moment that computers were introduced in the ‘90s halfway through her education at Trinity College in Dublin, Munnelly began a career she would never have seen coming.

“Embrace what comes at you. You don’t have to control everything, and it doesn’t always have to fit in with what you originally thought,” says Munnelly. “I got a whole other opportunity because I opened my mind to the technology piece.”

After starting in banking as a technology tester, Munnelly worked for Compaq and Hewlett Packard, gaining vast experience with big players. Rather than transition to management, she joined Accenture so she could continue to keep her hands in project work. Across 16 years, she jumped between various tech and data related areas of expertise, becoming a Managing Director at Accenture Applied Intelligence, and moving to New York from Europe.

“I always like to pivot every three years or so, to keep myself up to date. I’m a bit of a magpie,” confesses Munnelly. “Anything that is white space. Give me a white board, and I’ll figure it out. I prefer that, so my journey has been a constant evolution.”

In 2021, she joined Baringa, a global management consultancy working across multiple sectors including energy, financial services, telecoms, media, consumer goods, retail and government. As a leading advisor on the energy transition globally, sustainability runs through much of the business’s work across sectors. In addition to enjoying the entrepreneurial spirit of building a fast-growing team in the U.S., Munnelly feels she’s come full circle to interests at her roots, having written her thesis on wind farming back in college.

“From a financial services perspective, there’s a lot of momentum behind the notion that if you can put the capital to make the most impact in the right place, then change happens where the money goes,” notes Munnelly. “If I can be involved in making change happen through climate activity and how investors deploy their capital to fund those changes, that really resonates with me.”

Equally, culture was a big factor in her move: “For me, you have to be able to get up in the morning and love what you do and love the people your work with. A people-focused business was really important to me.”

A Force of Nature

Describing herself as driven, Munnelly feels curiosity and a love of learning and problem solving motivate her. She enjoys start-to-finish involvement, and smiles saying she would be called “a force of nature” by her colleagues.

“It’s definitely an energy, but also a cohesion with the team.”

While she’ll come into a room with a strong point of view, she feels ‘nature’ implies a melding with the environment. She’s very much about being ‘in it together’ as a team and enjoying the adventure, and feels energized by working with others. These days, she would admit that her intuition and her attunement to reading the energy of a room have been important contributions to her success, as well as self-care.

Her sensitivity to her own and other’s energy has increasingly been a validated part of how she navigates her work-life: “I balance my energy. So I don’t think about the hours I work. I actually think about the energy I expend in a day.”

If You Can See It…

Growing up with three younger brothers, Munnelly was both accustomed to being in male-dominated spaces and being respected in them. So when she went into finance and tech, her context didn’t phase her.

“I enjoyed going into rooms and finding those moments where I’d pipe up with an interesting point of view or a question, and all of a sudden, people would shift around and look at me,” she says. “So I find it quite empowering. I’ve used the difference to my advantage.”

Only as she grew more senior did the gaps in representation of women become far more visible to her. And being one of the few in that space, she felt her role was to vocalize what she saw.

“It increased my use of my voice. It’s important that it doesn’t become a silent observation or be held in,” says Munnelly. “It’s important to make sure that things are noted and vocalized, and even with the reasons, considered.”

Mary Robinson, the first female president of Ireland who held term from 1990-1997, was a real inspiration in envisioning possibility. It made such a difference to teenage Munnelly that it stirs up emotion even today. Robinson allowed her to see not only what could be, but what was possible.

“I think all of these factors combined meant I didn’t buy into the barrier, and just ignored it, and still today it hasn’t stopped me, because I have a deeper belief that it can happen – at least in the spaces where I’m operating in.”

Coming to Baringa, she was met with a U.S. office that held a 50/50 gender representation at senior levels, and where every individual has an advisor. Having doubled down on its U.S. growth in the past 5 years, a DEI approach has infused the internal culture and focus for external impact from the outset.

Do What You Love, and Empower Others

Due to her extensive background in consulting and taking an advisory role, Munnelly has become adept at taking the listening seat to consider all voices when it comes to coming up with the best way forward, rather than just pushing her initial viewpoint. She’s learned to take her own ego out of the way.

As she thinks of the shift from ‘doing’ to ‘enabling’ as a leader, and the amount of letting go required, Munnelly is grateful for the people that saw her potential and trusted her. Having your ability reflected back to you matters, she feels, regardless of what level you’re at. She focuses on paying that back, in witnessing, encouraging, motivating and empowering her team through trust: “At the end of the day it’s belief and self-belief that matter.”

“Build your skills using the best of others that are ahead of you,” she suggests. She encourages women to pick up the best of what they observe in managers and leaders, integrate what inspires you and make it your own.

Do what you love is a practical direction she recently received from a leader that empowered her: “She didn’t say ‘meet these numbers’ or ‘I want you to do these things.’ She gave me the freedom of saying ‘just continue, but do what you love.’ She probably knew that if I heard that, then I would already motivate myself and do more than what others would ask from me,” reflects Munnelly. “If I’m in a positive frame of mind, loving what I’m doing, then I’ll be even more successful.”

She suggests to ask yourself if is it possible to tweak your work to get more enjoyment out of what you’re doing. Family, friends, a good chat and laughter are core to Munnelly. She enjoys spending time with her young daughter who keeps her more than busy and grounded. She also loves cycling, and while she’s always loved adventure and fast movement, in the past years she’s begun taking up more energy balancing activities like acupuncture and massage. She’s also a Reiki master.

By Aimee Hansen

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Do You Have an Intrapreneurial Mindset?

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intrapreneurThere is no lack of entrepreneurial spirit among women. Women began 49% of new businesses in the U.S. in 2021 (up from 28% in 2019). Women entrepreneurs grew by 48% year-over-year, outpacing men in the entrepreneurial space by 22%. But how are women tracking in intrapreneurship?

According to Wikipedia, intrapreneurship “is the act of behaving like an entrepreneur while working within a large organization. Intrapreneurship is known as the practice of a corporate management style that integrates risk-taking and innovation approaches, as well as the reward and motivational techniques, that are more traditionally thought of as being the province of entrepreneurship.”

Psychology Today says that “teaching employees to become mindful intrapreneurs is the way to future-proof an organization.”

Intrapreneurial Assignments

According to Investopedia, intrapreneurship happens when an employee is “tasked” with the initiative of developing an innovative idea or project inside an organization – and given the freedom and autonomy to explore it. Although unlike entrepreneurs, an intrapreneur has access to the resources of an established company and doesn’t face the same level of outsized risks or outsized rewards. And yet, the intrapreneur does put skin in the game.

In one way or another, the intrapreneur is leading the charge on developing something that hasn’t been done in the organization before – whether a new section, a new department, a new product – or perhaps even a new approach or new team. Intrapreneurship has an internal start-up feel. Also, the Post-It Note, Gmail and Facebook like button are all arguably products of intrapreneurial thinking.

Just as formal sponsorship would change visibility and increase equitability in opportunity for women in the leadership pipeline, Forbes has argued that intrapreneurship is one way to fast track women to high-profile and high-potential initiatives, build leadership profiles and ultimately boost female executive numbers.

But also, in the same way that entrepreneurial spirit implies an intrinsic fire, an intrapreneurial spirit does not wait around to be assigned a task. Nor should you wait for permission, if you resonate with an intrapreneurial mindset.

An Intrapreneurial Mindset

Senior leaders have told us about the value of holding an intrapreneurial attitude – which we’ve counted among top tips for elevating your leadership mindset.

Linda Descano, Executive Vice President at Red Havas, told us: “So as I think of being an ‘intrapreneurial executive,’ I bring that same sense of acting like an owner to the organization I work for. I’m going to be constantly thinking about ways of improving the business. I act like I own it, as if it’s my investment. It’s working with that same sense of responsibility and drive to make it grow.”

Indhira Arrington, Global CDEIO at Ares Management, asked: “Outside of your day job responsibilities, what are you doing to contribute to the greater good of the organization and to make yourself an impact player? Anybody can get work done. People want to promote impact players.”

With creative passion and risk-tolerance akin to entrepreneurs, intrapreneurs focus on evolving the business from within. They see opportunities that are not obvious to others. They are willing to take risks, expansive in their thinking and often dynamic in their network. They keep an eye towards opportunities. They understand the internal cultural context and external business context.

Intrapreneurs are also ideas-driven and intrinsically motivated to break down barriers and collaborate with others to make new things happen at scalable levels. That often involves going outside of departmental silos and means impacting your surroundings in a way that goes above and beyond your job description. It requires stakeholder management and ability to manage upwards, as well as project management.

It also means being organizationally savvy and knowing how to sell and pre-sell your ideas. It requires a high level of accountability, resilience and willingness to see failure as a valuable part of the journey.

As written by Tendayi Wiki in Forbes, intrapreneurs need to have a particular mindset because they are operating within larger organizations. They need to focus on creating tangible value for the organization or clients, not just on the ‘theater of innovation.’ They focus on building relationships to garner support and enthusiasm and focus on getting others behind the clear value proposition of their ideas. They also have an ‘ecosystem mindset’ that focuses on identifying repeatable processes that will apply for future projects and build environments for ideas to emerge.

The Organizational Context of Intrapreneurship

According to Samantha Paxson, CMO of CO-OP Financial Services, “What makes intrapreneurs so successful is their empathy toward colleagues’ challenges and their ability to apply critical creativity to generate new ideas.”

Paxson argues that intrapreneurship draws upon innately feminine leadership qualities of being receptive to how to better serve colleagues, clients or customers from a leadership stance. She points out that research has indicated that women score higher than men in 3/4 of the important leadership competencies that support intrapreneurshi – including taking initiative, motivating and developing others, championing change, collaboration and teamwork, problem-solving and driving results.

Though according to Women Unlimited, Inc, intrapreneurship requires two sides – both the intrapreneurial mindset and an environment that is ready to support it (and from that individual).

Organizational characteristics conducive to supporting intrapreneurism include:

  • Regularly soliciting new ideas and input from employees at all levels
  • Ideas incentive funds
  • Fostering inter-departmental collaboration
  • Monitoring customer opinions relevant to products and services
  • Creating an environment where employees are free to speak up
  • Setting aside an in-house venture capital fund
  • Rewarding innovative ideas monetarily
  • Holding training and immersions to encourage and spark employee creativity
  • Encourage fun, creativity and innovation in the environment

How many women of color have left the corporate workplace for entrepreneurialism because they did not find an environment which was prepared to fully include their intrapreneurial mindset? An important part of encouraging an intrapreneurial mindset is that individuals are validated and rewarded for what they bring forward.

And sometimes, as Claudia Vazquez, Founder of elevink told us, it requires refusing to let go of the vision, and waiting for new opportunities and new angles, or even new contexts, to drive ahead.

Cultivating Creativity For an Intrapreneurial Mindset

While there are many components to an intrapreneurial mindset, and not everyone wants to take up that role, it’s possible to build up the qualities that support it.

Some playful advice for improving the muscle of your creative intelligence to support your ability to cultivate an intrapreneurial mindset includes:

  • Physical agility: Move your body and make changes in your physical environment when you feel creatively stuck.
  • Emotional agility: Become self-aware of your emotions, as the ability to name and regulate your emotions is tied to creative performance.
  • Mental agility: Embrace the symbiotic relationship in creativity between generating ideas and being able to apply creative thinking to those ideas.
  • Curiosity: A passionate level of curiosity is often required to catalyze the desire to create, so follow the thread of curiosity and nurture it.
  • Self-belief: Valuing your unique perspective and contribution is important to allowing self-belief to build momentum behind your ideas.
  • Intuition: Trusting and validating your intuition and gut instinct – when you know without knowing how you know – is critical in seeing new possibilities.
  • Daydreaming: The productive activity of letting your mind wander is correlated with higher intellect and creative ability.

If you hold an intrapreneurial mindset, embrace it as a leadership asset and find a culture in which you can thrive for your ability to cast your vision above and beyond the day job.

By Aimee Hansen

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Cassandra Cuellar: Partner, Venture Capital, M&A and Capital Markets, Shearman & Sterling LLP

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Cassandra CuellarAs a partner in the buzzing Emerging Growth practice, Cassandra Cuellar works with entrepreneurial clients who are launching companies and investors who are looking to back a promising venture.

Taking Ownership To Grow

“What gets me out of bed in the morning is the opportunity to work with people that are pouring their personal energy, time and wealth into the companies they’re growing,” says Cuellar. “It’s very rewarding to be a part of their journey as they start those companies, grow them and hopefully realize a successful exit. It’s life-changing for them.”

Cuellar must understand the concerns and interests of both founders and investors in her practice. She emphasizes that a collaboration mentality and solution-orientation is required to effectively advocate for her clients: “Our job is not to identify 20 roadblocks and then say we can’t go further. Our job is to identify the roadblocks, figure out if this is truly something that will be detrimental to our client, and then bring our clients in on that, figuring out the solution together.”

Cuellar enjoys the fast pace of work these days: “You get so many more people that have new ideas and diversity of thought starting companies and taking a chance on themselves. It’s great to see that and be able to be part of that.”

She is also comfortable leaning in and taking a chance on herself. “I have a willingness to take ownership over things without necessarily having to be so dependent on a hierarchical structure,” she says. “Startups run lean, so that’s the way my group approaches the practice and it’s how I’ve developed as an attorney.”

From early in her career, she had to get comfortable communicating with CEOs, CFOs, and key decision makers, but she relates learning through taking ownership to even earlier in life.

“I grew up in a small town as the oldest of four kids, and my parents had their hands full. I had to take ownership of my own professional career – getting into college, getting scholarships and making sure I was set up to move away and do my own thing,” says Cuellar. “Having that ability to do that from a young age translated well into being successful at this practice. I’m not afraid to take ownership over issues and clients and get stuff done.”

The Confidence To Trust Yourself and Others

“Latinx students going into law school don’t necessarily have readily-accessible role models that have gone into BigLaw, so often Latinx students make a choice to opt out of BigLaw, despite being more than qualified,” cautions Cuellar. “But I have found that because Latinx students often have to figure things out on their own without role models, that makes us uniquely qualified for this profession. You are used to navigating unknown waters, so it makes it easier to approach novel legal issues, transactions, and clients. The one thing I’ve learned – through negotiating the law school process, getting a job in a big law firm and now building my career – is that whatever you can throw at me, I’m going to figure it out,” she notes. “I don’t get scared off by challenge. I can rise to it because I have done it before.”

While launching herself into responsibility came naturally, her stretch zone has been releasing control. As a senior associate, she was accustomed to knowing every detail in every transaction and trusted herself to deliver on the high expectations she set. As she’s moved up, she’s had to learn to let go and trust in her team. Cuellar echoes other Latinas we’ve spoken to in expressing that being the one Latina within her practice, or one of few, feeds the drive to validate through performance. It makes letting go harder because more has felt at stake.

“Being a Latina, there’s not that many of us doing what I do, so I do feel a certain responsibility to be able to prove myself here and make sure that anything I work on is done at 100%,” she reflects. “That part of my identity and proving myself is impacted by this other part of me that needs to grow and trust other people to do things, even though I don’t have 100% control.”

Along with that self-awareness, she’s found that empathy is important.

“Letting go of some of that control has been hard, but I’m working on it,” she admits. “I’ve realized that everyone is an individual, and they’re not all like me, and I have to manage to each person versus to what my personal expectations, approaches, or processes would be.”

Encouraging Each Other’s Potential

Inspired by leaders she’s worked with, Cuellar models her practice upon listening and showing understanding to clients and those she is working with. She would love to see more Latinas follow a law path, and attributes her own decision to meeting a Latina lawyer in the Texas legislature, who encouraged her on the path.

At Shearman, Cuellar has felt supported in opening her possibilities by other women mentors: “I’ve always found someone willing to sit down and talk to me about things in a very honest fashion, who would guidepost, for example, that I needed to be thinking about business development, even as a second year, if I ultimately want to make Partner.”

In formal mentoring of law school students, especially Latinas and Latinos, she implores students not to limit themselves based on context or precedents, but instead to take a good look at whether a big law firm could be a match: “You work a lot, but you learn a lot, and have a lot of professional opportunities. I think it’s important that more Latinos and Latinas feel comfortable taking that risk, even if it might not be something your family understands at the time. You’re setting yourself up for your future professionally. You can at least try, and you could even be successful.”

Finding Out What Works For You

Cuellar admits it has taken her years to get comfortable in networking, but she tells students to take networking seriously as a skill to develop, the earlier the better.

But she’s also found her own approach to creating connections. “What I’ve discovered, whether it’s within the firm or with a volunteer opportunity, is my best networking is done when I’m working with someone. I take that approach of trying to get to know people by doing a good job with work they send my way, making sure that they feel valued and working from there (with common interests etc) – versus attending every networking event, because I find it hard to make deep connections in that context.”

Cuellar considers it part of the trial and error of getting to know yourself. Try out different things to see what works for you, and develop your own network style.

Her close-knit family and three year old son Max come first in her life. They enjoy cooking, celebrating birthdays and planning holidays. She enjoys connecting with close friends through the early experiences of motherhood. In this particular moment, it appears her son Max is rebelling against preschool yoga.

By Aimee Hansen

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Why Creating Inclusion at Senior Levels Requires Formal Sponsorship

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formal sponsorshipInformal sponsorship and mentorship can proliferate inequitable power dynamics in organizations. Organic sponsorship is a big part of how leadership proactively recasts the pipeline in the majority image. Meanwhile, the status quo power dynamic inhibits individuals who are in the minority among leadership from lifting others up behind them.

(This contribution from Pulsely dives into how informal sponsorship works to reinforce the glass ceiling).

Here’s one core way in which your organization is perpetuating inequitable power dynamics at senior levels: informal sponsorship and mentorship.

When you connect the dots of power, organic sponsorship is a big part of how leadership proactively, repetitively, and, by default, recasts the pipeline in the majority image. Meanwhile, the status quo power dynamic inhibits individuals who are in the minority among leadership from lifting others up behind them.

We offer a six point case for why leadership inclusion requires formal sponsorship programs that are deliberately disruptive in creating more equitable opportunities.

Mentorship and Sponsorship – What It Really Means

When it comes to career advancement, mentorship is both necessary and not enough. The common distinction is: a mentor talks with you, a sponsor talks about you.

A mentorship is 1-1. Mentors help you within your journey. They help you to navigate the intersection of your goals and career choices, identify and amplify strengths, and develop in core areas. Mentorship often acts as a trustworthy mirror for personal growth.

A sponsorship is more than 1-1. A sponsor relationship is 1-1+ an audience of power. Sponsors put skin and reputation in the game by leveraging their social capital (influence) in rooms you’ve yet to enter, and advocate for opportunities and advancement for you among their peers. The protégé also has the motivation of stepping up to the challenge because the sponsor’s reputation is on the line, too. Sponsorship often acts as a spotlight that shines on you to lift you up to the next level of career advancement.

As written by Rosalind Chow in Harvard Business Review, “Sponsorship can be understood as a form of intermediated impression management, where sponsors act as brand managers and publicists for their protégés. This work involves the management of others’ views on the sponsored employee. Thus, the relationship at the heart of sponsorship is not between protégés and sponsors, as is often thought, but between sponsors and an audience — the people they mean to sway to the side of their protégés.”

Why Informal Mentorship and Sponsorship Are Inequitable

“Regardless of education, motivation, and personal and professional success factors, being sponsored by a white man remains the primary accelerant to the career mobility of Black women.” (Stephanie Bradley Smith in HBR)

As this quote underlines, and Catalyst iterates in Sponsoring Women to Success, “Sponsorship is focused on advancement and predicated on power.”

The dynamic of organic sponsorship is ultimately majority promoting majority, with the same repeated outcome at leadership, save minor and temporary shifts. Even the common phrase of “winning sponsorship” has a blinding and dubious premise.

While data from different surveys inevitably differs on absolutes (for example, the % of people who report they have a sponsor is highly contextual to the criteria), what remains steady across studies is a debilitating power gap between individuals of the majority and non-majority when it comes to both sponsorship and who they are sponsored by.

Here’s what reproduces the current senior management and leadership profile:

1. Mentorship and especially executive sponsorship have a catalytic impact on career advancement for both protégés and sponsors.

  • Male managers with sponsorship are 23% more likely (female managers with sponsorship are 19% more likely) to progress to the next rung of the career ladder than peers who do not have sponsors.
  • Managers and executives who sponsor high-achieving junior talent are 53% more likely to advance to the next leadership level relative to peers who don’t sponsor.

2. Access to mentorship and executive sponsorship is highly variable depending on who you are, regardless of performance = inequitable.

3. Mentorship and sponsorship are especially necessary to advance women and people of color.

  • Black managers are 65% more likely to progress to the next rung in the ladder if they have a sponsor.
  • Mentorship programs increase representation of Black, Hispanic, and Asian-American women, and Hispanic and Asian-American men, by 9% to 24%.
  • Having mentors and sponsors who advocated for them is the single attribute shared by people of color who have progressed furthest in the leadership ranks.
  • Executive sponsorship has been proven to be the most effective organizational intervention to advance Black talent.
  • Latina women with sponsorship earn 6.1% more than peers who lack sponsors and black women earn 5.1% more.

4. But people tend to mentor and sponsor those just like them – and this means the majority (with the power) mostly sponsors the majority.

  • 61% of people indicate their mentorship developed naturally.
  • As much as 91% of white managers have no Black, Asian, or Latinx people in their immediate social network.
  • 71% of sponsors report their protégé is the same race or gender as their own.
  • 58% of women and 54% of men who sponsor choose a protégé because they “make me feel comfortable.”
  • A study of 72 protégés found that 100% of sponsors of white male protégés were men and the majority (73.5%) were white. Among Black female protégés, most sponsors were Black (57%) and 27% were women.
  • Payscale found 77.1 percent of male protégés said they had a male sponsor while women were about half as likely to have a male sponsor.
  • Payscale found 90% of white men and women protégés reported they had a white sponsor, while Blacks and Hispanics were 35% less likely to.

5. Not only are there far fewer female and minority senior leaders, but increased personal career risk can hinder their sponsoring.

  • Women hold only 1/4 of executive roles in the 1000 largest companies and BIPOCs make up only 17% of the C-suite.
  • Despite a desire and even a higher sense of obligation to lift others of similar sex/gender up (26% for Black leaders vs. 20% for Hispanic and Asian and 7% for Caucasian), Black senior leaders face higher scrutiny and are 26% less likely to commit to being a sponsor than white executives.
  • More than one third of black leaders report they never sponsor a junior talent who looks like them – despite often wanting to, at tension with personal career risk.

6. To further the gap, white and male sponsors hold more influence on outcomes of their protégé’s employment than those from the non-majority groups.

  • In U.S. law firms and among lawyers who had sponsorship, white men were half as likely (30%) as women of color (62%) to feel that the lack of an influential mentor was a barrier to their advancement.
  • Payscale found: black women with black sponsors are paid 11.3% less than black women with white sponsors; Hispanic women with Hispanic sponsors make 15.5% less than those with white sponsors; women with women sponsors make 14.6% less than those with male sponsors, and even men with female sponsors make 8.7% less than those with male sponsors. Payscale notes the gaps shrink after compensable factors are weighed in, but the gap remains.

If you want to introduce more equity into talent development, you cannot look away from the affinity bias-based pattern of those with high social capital using that power and influence to promote those who look like them into power, too, while also further advancing their own status. Nor can you look away from how the non-majority individuals who break through to leadership are inhibited from doing the same.

Formal mentorship and sponsorship programs are about deliberately disrupting the cycle of inequitable talent development that has strongly influenced your management and leadership to date. In the next article, we explore how in more detail.

‍Guest contribution: Originally published on the Pulsely blog, written by Aimee Hansen. Pulsely delivers diversity and inclusion diagnostics and actionable DEI insights to drive inclusion, equity, and performance. Pulsely’s scientific framework combines the power of understanding four key drivers of inclusion: diversity data, workplace inclusion, inclusion competencies, and performance indicators. To learn more, visit Pulsely, read an interview with Co-Founder Betsy Bagley, or check out the Pulsely blog to find more content like this. 

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Indhira Arrington: Global Chief Diversity, Equity and Inclusion Officer, Ares Management

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Indhira Arrington“My career trajectory is a combination of two factors. The first is that I am standing on the shoulders of people and organizations who have sponsored me and have opened doors for me to join rooms, organizations and functions that I otherwise would not have been able to,” says Indhira Arrington. “The second is that while I was fortunate to have those opportunities present themselves, I was also prepared and motivated to seize those opportunities.”

Stepping Up to Opportunities, All the Way to the C-Suite

Instilled with a strong work ethic by her family and driven to prove herself as an immigrant in a new country, Arrington was determined to perform at her best and demonstrate her value from early on.

“Being an immigrant really is at the core of my experience,” she says, “Even though I’ve now lived in the U.S. longer than I lived in the Dominican Republic, I distinctly remember that feeling of being an ‘outsider.’”

With her parents speaking little English and no precedent for success in corporate America, Arrington’s “second family” at INROADS set her up with the mindset and skills that enabled her to perform at a high level (academically, as a 4.0 student) and step up to opportunities.

With both the prodding of her INROADS mentor and with the sponsorship of The Consortium, she received her MBA at NYU Stern School of Business before taking on sales and trading roles at Citi and Morgan Stanley: “I didn’t know what I didn’t know, and I was fortunate to have people who saw my potential as much bigger than I did. They pointed me in different directions.”

While building her career on the trading floor, Arrington says that DEI was her steady second job. As a “double only” Latina in the room, she was often called on for diversity conferences and networking needs. She wanted to show up and open doors for others, too.

Then came a crossroads of choice.

“Sales and trading was where I could have maximized my earning potential, but I faced the difficulty of having the intensity that job required and being the type of mother I wanted to be,” reflects Arrington. “I was very good at my job, but it didn’t fit with how I wanted the rest of my life to play out.”

Coinciding with the economic downturn and start of her family, Arrington shifted into diversity, equity and inclusion (DEI) as her primary career focus in 2009 – first at Bank of America and then Wells Fargo, before taking her present role at Ares Management Corporation as Global Head of DEI in 2021.

“There are thousands of people that are good at their job and that want to ascend the corporate ladder, but doing it alone likely won’t get you there,” she says. “You also need to have strong executive presence and act like a leader, and then hopefully that combination gains you the sponsors who have the power to open those doors, propel you and pull you up.”

Becoming an Impact Player

As a constant learner, Arrington has focused on becoming the subject matter expert of her craft. Once she realized she could be vulnerable, ask for help and not figure everything out by herself, it was a game-changer in advancing her learning curve: “I always say to my team that when I don’t understand something, even today, explain it to me like a five-year old.”

A key principle she abides to and encourages in her team is to be in service of others: Don’t aim to be basic. Aim to be exceptional.

“Anybody can do what they are told and put the spreadsheet together. But if you’re in the service of others, you’re going to ask the next question about what they are trying to do and the end goal,” she says. “You take the work to the next level, and in doing so, you build good will and advocates who will remember you.”

Whether it’s volunteering to bring in great talent, working with ERGs, or taking the initiative to fix a broken process, Arrington suggests to ask, “Outside of your day job responsibilities, what are you doing to contribute to the greater good of the organization and to make yourself an impact player? Anybody can get work done. People want to promote impact players.”

Leveling Up To Advance Your Career

Arrington emphasizes that leveling up requires the maturity of being open and direct about what you need and want and what your expectations are, and not just expecting your boss (or anyone) to be a mind-reader.

Owning what you want also means learning to “manage your manager” – putting your objectives and goals out, and then soliciting the clear guidance on where you need to focus on developing your skillsets and capabilities to be able to reach your goals. Find out what might be getting in your way and what superpowers you need to double-down on to excel.

“Be unapologetic and say this is what I’m thinking, but also leave space in the room for your managers to say ‘maybe you’re thinking too small’ or ‘maybe you’re thinking too big.’”

Thirdly, Arrington has learned from experience that “the unwritten rules are real.” Knowing the difference between titles, influencers and key decision-makers, as well as knowing the personalities you are interacting with, is essential when it comes to succeeding in advancing your ideas as you rise to bigger roles where more is at stake and few ideas get funded.

“Pre-selling your idea to the right individuals and setting yourself up to succeed is so critical, but women often don’t focus enough on that,” she observes. “We focus on the best idea and presentation and assume everyone is going to like it. The pre-game and understanding how things really get done in your organization is key.”

Arrington encourages women to have a portfolio of sponsors and advocates you spend time with and who know the value you deliver, and be more strategic in building your network. She observes that men tend to build diverse networks that create a matrix intentionally directed towards where they want to go, whereas women tend to build their networks around proximity and likeness. Leverage your network as an opportunity to put your intentions out there to those in the places you want to go.

Impacting Change as a Latina

“As Latinas, we’re bred to be loud and we’re bred to sit in our truth,” laughs Arrington, reflecting on her cultural capital.

As a Latina woman she’s brought her personal experiences to the table: “There’s nothing like breaking down barriers by being vulnerable and telling your personal story of microaggressions and how you have been made to feel less, unwelcome or like you don’t belong in situations. It changes the way that reality lands when a person realizes that somebody that they know isn’t having the same experiences that they are.”

For two decades, Arrington has sat on the board of directors for the Committee for Hispanic Children and Families, supporting Latinos in New York around school, work and childcare. She is currently the Vice Chair for the Council of Urban Professionals (CUP), focusing on supporting women and people of color to leadership roles in corporate organizations. Her experience of feeling like an outsider has inspired her towards actions that bring about change.

While successful in overcoming obstacles, Arrington admits it has been challenging at times to be the only Latina in a room: “That’s where vulnerability came in. Without somebody that would have a naturally predisposed affinity towards me, I had to figure out how to break down barriers to be let in and be embraced even though I was different,” says Arrington. “It’s much easier when you feel that level of comfort and connectedness.”

Why Managing Is Really Coaching

Arrington jokes that she cannot have a boss who doesn’t want to be her friend, but she also means it: “If you don’t know me and you don’t understand what drives me and what ails me, then how could you truly be in charge of growing me and taking me to the next level?”

She continues, “I think it’s really important as managers that we take the approach of being coaches and changing the relationship from ‘I’m here to manage and make sure you do what you’re supposed to do’ to ‘I’m here to coach you and make sure that you exceed that.’”

In a coaching relationship, honest feedback can be received as care and guidance with your best interests at heart.

“Most managers feel like I can’t get too close because then I can’t be objective, and I think it’s the opposite,” says Arrington. “If you’re not close enough, you’re going to miss what’s happening and you’re going to miss opportunities to support people in a way that makes them want to come to work and be part of the community.”

Having often felt she had to prove herself along her journey, she would have a simple message to her younger self: “Stop being so scared. Try to enjoy it more along the way. You are worthy. You are good enough. You’re more than good enough.”

These days, Arrington practices giving herself grace on a daily basis. With her twelve and nine year-old sons playing flag football on the weekends, Arrington confesses to be that sports mom cheering on the sidelines with a cowbell. She enjoys yoga and learning through documentaries, and is an avid reader when she can sneak a few chapters in.

By Aimee Hansen

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Women and Money: 5 Ways to Stay Financially Strong During a Recession

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recessionIn September 2022, The Federal Reserve announced another interest rate hike in an effort to combat inflation — but in doing so, it seems an economic recession is increasingly inevitable. Yet that doesn’t have to spell out trouble for your personal finances.

Whether you waded through the last recession or are only old enough to have heard the stories, the word “recession” may send a chill up your spine. It may be autumn, but this is not meant to be a scary story — in fact, it’s one of focus and resilience.

Let these five tips help keep you and your wallet afloat even in the face of a recession.

1. Set (and Stick to) a Budget

It’s one of the oldest tricks in the book for a reason. When you have a thorough understanding of the money coming in and going out, you’re able to consistently make financially sound decisions and avoid biting off more than you can chew.

First, take note of your recurring expenses each month like groceries, car payments, utilities, and your child’s school lunches. Then consider different budgeting strategies and find one that makes sense for you. For example, many women swear by the envelope method. The more a strategy resonates with you, the more likely you are to stick to it. Don’t be afraid to experiment, but commit to the one that serves you best.

As you’re monitoring your finances closely, you may even be able to identify ways to save more each month and increase your wealth.

2. Invest Wisely

We talk extensively about the gender pay gap, but did you know about the gender investment gap? Women comprise a criminally underrepresented share of the investment market. (Perhaps that’s why Wall Street’s Charging Bull has been around so much longer than Fearless Girl which made such a splash.)

But just because we haven’t historically taken up much space in this area doesn’t mean we shouldn’t start — in fact, we’d argue that’s more than enough reason to.

If you’re in a place to devote some income to investments, there are countless ways to do so — including high-yield savings accounts, mutual funds, stocks, and government bonds — each with their own risks and advantages. Even starting small can mean big returns later.

3. Solidify Your Retirement Account(s)

Technically, this may be considered an investment as well, but it deserves its own mention: Don’t forget about your retirement account.

Perhaps your employer offers a 401(k) or you’ve been considering a Roth IRA — whatever route you choose, contributing to a retirement account can only help, not hurt. Plus, your employer may even offer “matching” benefits to increase your account.

We statistically live long lives, yet almost half of women are worried about money in old age, so it’s always a good idea to look out for your future self financially and set her up for success later.

4. Advocate for Yourself (and Other Women)

Ladies, keep fighting the good fight. The U.S. passed the Equal Pay Act more than 50 years ago, yet as of 2022, women still make only 84% what men make, on average. When a recession rears its ugly head, it may be easy to focus on merely surviving without much thought on other systemic conditions.

But there’s no better time to ensure you are taken care of. If you feel you aren’t being paid enough for your contributions, chances are, you’re not. Here are three tips to negotiate a higher salary:

  • Consider the market norm for your role, industry, and experience level.
  • Prepare a range you’d like to target, not a specific number.
  • If you’re met with resistance to an increase (or to the conversation at all), ask when you might be able to expect them to reconsider so you buy yourself another chance to ask in the future.

Whether you’re considering salary negotiation for yourself or not, remember to help other ladies up the ladder, too. Empower every friend, family member, and colleague to know her worth and speak up.

5. Trust Yourself!

You can’t control the entire economy, but you can control your own financial situation, your perspective, and your mindset.

Set realistic goals for the short and long term, make wise budgeting, investing, and spending decisions, and don’t lose sight of the most important thing — taking care of yourself. And girl, you got this.

For more insights on women in the economy, check out this handy infographic from our friends at Annuity.org:

The Dollars and Cents of Women and Money

The opinions and views of guest contributions are not necessarily those of theglasshammer.com

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Amber Hairston: Agency Underwriter, PGIM Real Estate

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Amber Hairston“For this moment, while employers are asking you to bring yourself to work, do it. Do it now. Do it today,” says Amber Hairston. “The hope is that this is a movement, not a moment. But time is of the essence, so do it. It will pay dividends.”

In honor of National Coming Out Day on October 11th, we share Hairston’s experience on freeing yourself into authenticity. 

Seeing the Hurdles Before They Come

Graduating during the global financial crisis and determined to exit the social confines of her rural Virginia hometown, Hairston took a position in marketing and communications. But “in typical Millennial fashion,” she made a network connection on Twitter who saw her as suited to commercial real estate finance and directed her towards an opportunity. In 2015, she then moved to PGIM, where she ascended across four positions within six years.

“I was redirected to the path that was intended for me,” reflects Hairston, who had planned to study business before diverting towards communications. “I think of myself now as a different kind of storyteller.”

As an underwriter, Hairston pitches deals to loan approvers after careful assessment of a property, who’s operating it, the market, and other financial risks. Attributing her work ethic to her parents, Hairston prides herself on attention to detail: “I’m very thoughtful in assessing what the hurdles are. I don’t always like to call them ‘risks’ necessarily. I call them ‘hurdles’—these are the hurdles, and this is how we can and will clear them.”

The volatility in the domestic and global economy, and the impact on the real estate investment marketplace, has definitely provided challenges to step into—and Hairston finds that exhilarating. While she won’t speak the most in a meeting room, when she does, she has reflected and has something powerful to say.

Time management and foresight have been her boons. “There’s nothing that I haven’t thought about when I’m underwriting a deal. There’s nothing that I encounter that I haven’t at least entertained as a possible hurdle. I’m never caught flat-footed or surprised.”

“Dropping the Weight Vest” To Rise in Authenticity

Reflecting on her desire to stretch beyond home as a teenager, she says, “It was a very black and white space in a literal and figurative sense. There wasn’t a lot of space for a queer woman of color in the town that I came from, and I knew that I could not grow in the ways that I needed to grow in that environment,” says Hairston. “D.C. just made a lot more sense, and it was my dream city in the United States.”

But while having left the confines of her small town, Hairston in some ways brought the burden of constraints within her to D.C.—until the pandemic.

“I kept the queer part of myself under wraps for so long. I tried to be something else and it was exhausting. And it’s not because of PGIM – this is the box that I grew up in, a limited view of what a woman can and should be, what they should look like,” says Hairston. “But the pandemic changed everything. We were at home and there was nobody to see me. There was only the work. It felt like I had been walking around with a ‘weight vest’ for years.”

Hairston recalls a moment when she was overwhelmed with work while colleagues were away and she needed all of herself: “I think that was the moment that everything changed because I didn’t have a choice. I had to take off the vest at that moment to power through.”

She continues, “Then as we started to return to the office in late 2021, I just told myself I wasn’t putting it back on. I decided I was done with it.”

“In a virtual setting and with all the focus on diversity, equity and inclusion, I was ready to bring the breadth and depth to my experience to bear as a queer woman of color.”

That choice has impacted her relationships across the organization and the industry: “My relationships wouldn’t be as meaningful personally or impactful professionally had I not brought everything to the table.”

And it’s impacted her performance and visibility: “I’ve never been a stronger performer. I draw so much power from all the things that make me different. I used to view it as a disadvantage, but it’s so essential to how I’m able to show up, how effective and efficient I am, and the impact that I’m able to make. I draw from everything, and to have not done that for so many years was a detriment to my performance.”

Reflecting overall, she says, “It sounds sad this box that I, in part, put myself into, the unnecessary weight that I carried for so long, but the upside is maybe I can run faster and jump higher than I ever thought I could.”

Evolving Her Work Relationships From Within

As Hairston has become more comfortable in taking up space in a way that is authentic to herself, she’s feels she’s allowed others to do the same.

“Historically, I’ve been really hard on people. I could be pretty demanding and have really high expectations,” reflects Hairston. “I’m not sure that’s changed, but with the pandemic and everything, the way that I approach it has changed. I’ve had to take it easier on myself and that’s translated to other people.“

Reflecting deeper, she shares, “My harshness was a reflection of how I was talking to myself. Now that I’ve reined in my own self talk, I’m more patient, compassionate and thoughtful in how I get the best out of others, because that’s ultimately what I want.”

Empowering Others Beyond Yourself

Hairston feels blessed by an abundance of mentors and sponsors who had her best interests at heart, even when it meant losing her: “I think a lot of people see those who support them, whether consciously or unconsciously, as tools for their own growth and advancement and production. But there have been many people, at many turns, who let me go even when it was going to make things uncomfortable for them. They wanted to see me rise.”

She wishes to take that with her, “There are people in this organization, and across the industry, who have altered the trajectory of my career by presenting me with an opportunity or a challenge. That’s the type of impact that I want to have,” she says.

“Part of the responsibility of leadership, whether you’re the CEO or have one direct report, is to develop people and I hope I never lose sight of that.” It’s also important to her to be a steady presence that others can call on when they need anything.

Hairston is inspired by leaders who embody vulnerability and transparency. “They have the confidence to give you the latitude for mistakes and really allow you to grow,” she says. That latitude has looked like saying her name in rooms she can’t be in and risking putting their name behind hers while advancing her into new challenges.

She traveled broadly before the pandemic – from Costa Rica, Dubai, and Cape Town to London and Zurich. While more grounded during recent times, she’s explored cultures through food and suspects she’s read about 35 books in the last year and a half.

A sci-fi fantasy and Harry Potter fan, she enjoys V.E. Schwab and sometimes reads young adult fiction to appreciate the diversity of representation that was absent when she was growing up. Though never a “dog person,” she was lovingly coerced into puppy parenting. She and her partner have a seven-month-old Bichon Frise named Artemis.

By Aimee Hansen

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