Penn Mutual CEO heralded for enduring commitment
Eileen C. McDonnell, President and CEO, The Penn Mutual Life Insurance Company, a more than 165-year-old company, was presented with The American College Foundation’s President’s Award for her enduring commitment to The College.
McDonnell served as the State Farm Chair in Women and Financial Services at The American College from 2007-2008. She was a member of the College’s Master of Science in Management (MSM) faculty. McDonnell helped launch an annual lecture series named for Penn Mutual veteran and industry legend Maury Stewart, CLU®. And, McDonnell has been a member of the organization’s board of directors.
More recently, McDonnell’s leadership prompted Penn Mutual’s $2.5 million gift to The American College for the creation of The Penn Mutual Center for Veterans Affairs, a scholarship program that offers retired military an opportunity to pursue financial services designations or a graduate degree in preparation for employment in the industry.
“Eileen McDonnell has made an outstanding contribution to the advancement of The American College over the last several years,” said Larry Barton, President and Chief Executive Officer, The American College. “Her leadership and generosity have enabled a number of new initiatives, most notably The Penn Mutual Center for Veterans Affairs. We are delighted to award Eileen with our highest distinction, The President’s Award.”
