The Greater Milwaukee Committee (GMC), together with Milwaukee Women inc (MWi), awarded Associated Bank with the Mary Ellen Stanek Award for Diversity in Corporate Governance. Judy Docter, chief human resources officer, Associated Bank, accepted the award on the bank’s behalf at the GMC annual meeting on February 11.
The Mary Ellen Stanek Award, established in 2013, is given to an individual or entity exhibiting leadership, influence and impact resulting in increased diversity on corporate boards in our region.
Associated Bank is a nationally recognized leader in diversity and inclusion practices demonstrated by the bank’s commitment to CEO Action for Diversity & Inclusion. In 2017, 61% of all management-level hires contributed to the company’s gender or racial diversity. Additionally, 81% of Associated Bank employees feel the organization values diversity and inclusion. In 2018, Associated Bank launched a MKE Workforce Strategy pilot to further attract, retain, and develop minority professionals within the Milwaukee workforce. The objective of this initiative is to mirror the diversity of the communities the bank serves.
“We are very fortunate to have committed, diverse teams of colleagues, including our leadership and Board of Directors, who drive our company forward,” said Phil Flynn, president and chief executive officer, Associated Bank. “Their commitment to our diversity and inclusion programming has helped create an environment where colleagues of all backgrounds can feel empowered to succeed, and our customers and community partners feel welcomed and understood.”
The Greater Milwaukee Committee comprises 200 passionate CEOs who work together to make Milwaukee the best place to live, learn, work and play. The GMC creates new ideas and implements solutions in innovation and talent, economic prosperity and vibrancy of place.
Milwaukee Women inc is a nonprofit organization dedicated to achieving balanced representation of women on boards of directors to maximize the performance of Wisconsin businesses. The group carries out annual research and produces an annual report on the gender diversity of the boards and C-suites of Wisconsin’s 50 largest public and private companies. MWi promotes awareness on the benefits of gender diversity and offers educational programs to increase the number of qualified women board candidates.