Eileen C. McDonnell has been chairman and chief executive officer since July 2013. She joined Penn Mutual as chief marketing officer in 2008.
Before joining Penn Mutual, she was president of New England Financial, a wholly owned subsidiary of MetLife, and senior vice president of the Guardian Life Insurance Company. Ms. McDonnell is a former member of the Master of Science in Management faculty at The American College in Bryn Mawr, PA, where she held the newly endowed chair for Women and Financial Services and was author of “Marketing Financial Services to Women.”
Ms. McDonnell serves on the Board of Managers of Janney Montgomery Scott LLC, a wholly-owned subsidiary of Penn Mutual. In 2013, Ms. McDonnell was named to the board of Universal Health Services, Inc. (NYSE: UHS).
Ms. McDonnell was named one of the “Forty Under Forty” executives on the rise in 2002 by Crain’s New York Business magazine. She was also honored in 2014, 2015 and 2016 in Irish America’s Annual Business 100 list, honoring the best and the brightest Irish-American and Irish-born business leaders. In 2017, she received the Taoiseach Award from the Irish American Business Chamber, the United Way’s Women’s Leadership Initiative Award and the Neumann University Humanitarian Award. Earlier this year, she was inducted into The Business Excellence Institute Excellence Hall of Fame in Dublin, Ireland. In 2017 Eileen was the recipient of the 2017 Ernst and Young Entrepreneur Of The Year, Greater Philadelphia award.
A graduate of Molloy College, Rockville Centre, NY, Ms. McDonnell majored in mathematics and computer science, and received an honorary doctor of laws (LL.D.) degree in 2011. She earned her MBA in finance and investments from Adelphi University, Garden City, NY and was recognized in 2013 for “Outstanding Service to the university.
Eileen is a native New Yorker and is a second-generation Irish American with ancestry from counties Clare, Leitrim, Mayo, and Sligo. She takes inspiration from her heritage, saying her grandparents “courage and optimism embodies the spirit of the Irish of which I’m proud to have inherited.”