This week The Glass Hammer is publishing a series of profiles on top leaders in corporate diversity. Check back all week long to learn about the women making a difference.

debwheelockBy Melissa J. Anderson (New York City)

“At Mercer, our primary focus is helping our clients maximize the potential of their human capital,” began Deb Wheelock, Partner and Global Talent Management & Diversity Leader at Mercer. “Unlike other companies, we don’t produce widgets. We market the professional knowledge of our people. They need to be our competitive edge.”

“Thinking back to my tech days, another way I put it is ‘our people are our next killer app,’” explained the former e-learning specialist. “Diversity is becoming an imperative because we have people of different backgrounds with diverse approaches and innovative solutions to bring to our clients.”

She added, “You just don’t get that level of innovation from a homogenous workforce, no matter how bright they might be.”

Wheelock believes diversity is undergoing a generational shift. “We’re seeing a change in what our colleagues are bringing to work in terms of their outlook as well as their biases. That pushes us toward inclusion – from tolerating differences, to appreciating and leveraging those differences.”

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This week The Glass Hammer is publishing a series of profiles on top leaders in corporate diversity. Check back all week long to learn about the women making a difference.

LisaJacobsBy Melissa J. Anderson (New York City)

After working as a part-time lawyer for the majority of her career, today Lisa Jacobs is a high-profile lawyer at Shearman & Sterling, a prominent member of the firm’s Diversity Committee and a staunch supporter of women in law. She wants women to know: you can build the life and career you want.

“I’m not a subscriber to the Sheryl Sandberg ‘ambition gap’ idea,” said Jacobs, a partner in Shearman & Sterling’s Capital Markets Practice in New York. “Success is how you define it.”

“I’m not a woman partner who will tell you, ‘this is what success is,’” she added. “Success is what you want it to be and what you take it to be. I wanted a family and to be a truly participatory mom – and I wanted to be a deal lawyer. Fortunately, I found a way to do both.”

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This week The Glass Hammer is publishing a series of profiles on top leaders in corporate diversity. Check back all week long to learn about the women making a difference.

JoanneRodgersBy Melissa J. Anderson (New York City)

Joanne Rodgers, now Chief Diversity Officer at New York Life, began her career at the National Association of Securities Dealers (now FINRA) before moving to New York Life’s Compliance Department. Eighteen years later, Rodgers has held a variety of roles in the company, moving from compliance to marketing and, most recently, corporate strategy. “I also had the opportunity to head up the company’s women’s leadership program and that definitely helped with my new role as Chief Diversity Officer,” she said. Rodgers says she is looking forward to promoting diversity on a broader scale.

Having just moved into the CDO role this year, she is now charting the future diversity strategy for the company. “I’m currently working with all of the business units to analyze and develop our diversity strategies so that we remain an employer of choice. My experience in the corporate strategy group has been a real asset, since much of my work involved working with the business units, being engaged with critical strategic goals and understanding the environmental landscape that affects us. My directive is to make sure New York Life has strong diversity and inclusion practices and I am pleased that my colleagues at New York Life take this very seriously.”

She continued, “If you simply look at the changing demographics in this country, the business case for diversity becomes more apparent based on the makeup of our customers and of the workforce today and in the future.”

“We want to really consider how those changing demographics affect us as an organization and how our increasingly diverse workforce can make us a better company.”

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Laura FriedrichBy Melissa J. Anderson (New York City)

In her position as a leading private equity funds lawyer and as a former hiring partner at global law firm Shearman & Sterling in New York, Laura Friedrich has learned a few things about work/life balance.

“I have two children spread ten and a half years apart,” she said. “I had my first when I was a fifth-year associate, then I had another last year. It’s interesting to see how different it feels this time – easier in some ways and harder in others.”

Friedrich is adamant in her recommendation that junior women commit to their careers for the longer term, despite periodic work/life challenges. “Too many women are looking to have everything exactly how they want it throughout their whole career,” she said. “But you’ve got to take the ups and downs as they come. I think women drop off the fast-track too soon. Anticipating that it’s going to be difficult, they don’t even try.”

“I love my career and I love my family,” she continued. “Sometimes I do feel stretched thin, but I wouldn’t give up any of it.”

In fact, when she first began her career, she herself didn’t anticipate the level she would reach in the profession. “But the momentum kept me going,” Friedrich said, “and I stayed, and I love what I do now.”

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JenniferMcLaughlinBy Melissa J. Anderson (New York City)

Jennifer McLaughlin has spent a two-decade career at Accenture, all of it working with clients in the communications area. It should be no surprise, then, that one of McLaughlin’s key lessons is the importance of clear communication.

“One of the things I’ve learned in my career is how openly you should communicate. When I was younger, I would second guess and form opinions about how people would receive what I had to say – instead of just openly communicating.”

That went for client work and her own professional needs – like flex work, she explained. “But I’ve learned that when you’re direct, you just get a better result. There’s more transparency about where you stand with others and that’s important.”

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KimberlyFossBy Melissa J. Anderson (New York City)

“At 11 years old, I realized I wanted to be in money management,” said Kimberly Foss, Founder and President of Empyrion Wealth Management. “I was the youngest of six kids and all I had were hand-me-downs. I wanted Jordache Jeans so bad,” she recalled with a laugh. “I was hooked on the capitalism thing.”

Foss went on to study business at California State University at Chico and joined Merrill Lynch. After a few years, she says, she was ready to strike out on her own. “I left Merrill at 25 and started my own practice in capital markets with the philosophy to really do right by people. It was either sink or swim.”

“And 25 years later, I still have a business, so I must be doing something right.”

After growing her business and finding success in the financial markets, Foss is committed to helping empower all women to take control of their own money management.

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shonamilneBy Melissa J. Anderson (New York City)

After spending more than twenty-five years in investment banking in London, Shona Milne has taken on quite a few big roles. Now CFO for EMEA and Managing Director of EMEA Finance at Deutsche Bank’s London office, Milne is responsible for 27 countries.

But today, she’s also passionately focused on her position as a role model for women and LGBT individuals at the firm.

“I suppose I should be telling you my proudest achievements have been something like building a global finance function for equities or EMEA,” she said. “But actually what gives me more pride is my involvement in Deutsche Bank’s diversity networks, particularly being a senior sponsor of the LGBT network.”

“A few years ago I realized that I had to give something back, that I had the ability as a Managing Director to be a positive role model. There are not many people who are out at the Managing Director level, and it’s a privilege for those of us who are to be able to make a difference on this topic.”

She mentioned her involvement in Deutsche Bank’s web videos on diversity, participation in chairing diversity networks, and speaking on LGBT issues at events. “It’s incredibly rewarding. And maybe as you get older you become more comfortable about doing these things. You want to be a role model, not just for LGBT, but for senior women as well, and other diversity networks.”

“That gives me personal pride,” she added.

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LindaBeaudoinBy Melissa J. Anderson (New York City)

Linda Beaudoin,  Head of Compensation for ING U.S. Investment Management (ING U.S. IM), spent the first 20 years of her career in finance. She started at Aetna working in management reporting, and then moved to the investment side supporting budgeting and analysis and product profitability. A few years after the firm was acquired by ING in 2000, she decided she was ready for a change.

“After twenty years of finance, I decided to take a risk and totally shift gears and move to HR. And it’s the best thing I could have done.” She started out as a generalist, but because of her finance background, Beaudoin quickly took on a comp focus. “That was my niche. I wish I had known that many years ago.”

“Never be afraid to take those risks – as you mature it’s something you become more comfortable doing,” she added.

One of Beaudoin’s proudest achievements came as the result of several acquisitions ING made in 2002 and 2003, including four separate asset management firms. “They had varied company philosophies and plans,” she explained, and the company had to figure out how to integrate them all. “And it was the first time I had worked intimately with senior management,” she recalled.

“I was new to HR and I realized I had a voice at the table. I realized I wasn’t going to get by on hard work alone. I started speaking up and being seen as a leader.”

She continued, “I wish I was more confident earlier in my career – that I had the confidence to speak up, offer my opinions, and ask questions I should have asked.”

“I always got kudos for the quality of my work, but not the recognition I should have gotten. If nobody knows you, it’s hard to progress in your career. My daughter is 27 and I give her that advice all the time. I’m trying to instill in her that guidance.”

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MelissaButlerBy Melissa J. Anderson (New York City)

After graduating from the University of Colorado – Boulder, Melissa Butler, now partner at White & Case, went on to study law at Georgetown. In 2001, she started her career working in corporate finance at Thacher Proffitt & Wood. “Then in 2006, after a particularly horrendous transaction, I got a call asking if I’d like to move to London… and I said sure,” she recalled with a laugh.

The call came from White & Case, and shortly thereafter, she joined the firm’s London Capital Markets Group focusing on US securities. Early this year, Butler was named partner – and, she says, this is her proudest achievement. “It’s the most amazing thing I’ve accomplished in my professional career.”

Currently Butler is fascinated by her current work in Africa. “It’s so exciting to work in a places that are not tainted with this idea that everyone knows everything. My clients really appreciate my advice as counsel, and I’m really contributing to the development of the market. I love it.”

In general, she continued, “As a securities lawyer, there are a lot of interesting developments, like issues around the new JOBs Act. As the world changes, the question is how we apply security acts from nearly 100 years ago to today’s markets.”

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kimwoodBy Melissa J. Anderson (New York City)

Kimberly Wood, Senior Partner and Central Market Business Leader at Mercer Investments, believes that mentoring the next generation is an important responsibility for senior leaders. She encouraged seasoned women to reach out to the next generation. “I don’t think senior women can do enough,” she said. “I think we need to do a lot more in terms of mentoring, coaching, and being a support system.”

Wood, who spent the majority of her career at in finance and asset management at Ford Motor Company before joining the burgeoning field of implemented consulting (or Outsourced CIO) at Mercer, has taken this responsibility to heart.

“When I go back to my college or do speaking engagements, I get a lot of questions. They really want to know what you’ve been through – both the women and the men actually,” she said.

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