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Eileen C. McDonnell has been chairman and chief executive officer since July 2013. She was appointed chief executive officer in 2011 and president in 2010, after serving as chief marketing officer since 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) and is a member of the Audit Committee. In 2016, she was named to the advisory board of The Center for Corporate Governance of Drexel University’s LeBow College of Business.
A graduate of Molloy College, Rockville Centre, N.Y., 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, N.Y. and was recognized in 2013 for ‘Outstanding Service” to the university.