Citizens Financial Group elects three board members
Former Prudential Financial Chairman Arthur Ryan, Howard W. Hanna of Howard Hanna Real Estate Services and Judith M. von Seldeneck of Diversified Search join CFG’s Board of Directors
Providence, R.I. (August 18, 2009) - Citizens Financial Group Chairman and CEO Ellen Alemany today announced that Arthur Ryan, former Chairman, CEO and President of Prudential Financial, Inc.; Howard W. “Hoddy” Hanna III, Chairman and CEO of Howard Hanna Real Estate Services, Inc.; and Judith M. von Seldeneck, Founder, Chairman and CEO of Diversified Search, have been elected to the company’s Board of Directors.
“We are proud to welcome Art, Hoddy, and Judee to Citizens’ Board of Directors,” said Alemany. “They are extremely talented individuals who are well respected in their fields and have a high caliber of executive leadership. I look forward to their participation and counsel as we continue to build upon Citizens’ commitment of being a responsible corporate leader engaged in the community.”
Arthur Ryan is the former Chairman, CEO and President of Prudential Financial, Inc., one of the largest diversified financial institutions in the world. He joined Prudential in 1994 and retired as CEO and President in 2007 and Chairman in 2008. Prudential’s financials increased under Ryan’s leadership and it converted from a mutual to a stock company.
Prior to Prudential, Ryan worked for 22 years at Chase Manhattan Bank, where he served as Vice President for Chase’s Bank Systems Worldwide and ran its Worldwide Retail Bank from 1984 to 1990 serving as a Vice President, Executive Vice President and Vice Chairman. He became President and Chief Operating Officer of Chase Manhattan Bank in 1990.
After earning a B.A. in mathematics from Providence College, Ryan served two years as a lieutenant in the U.S. Army with the Army Security Agency in Washington, D.C.
Ryan is a non-executive director of two public companies, The Royal Bank of Scotland Group and Regeneron Pharmaceuticals. He is Chairman of the New Jersey Performing Arts Center, board member of the New York Presbyterian Hospital and founding member of the Financial Services Forum. He was awarded an honorary Doctor of Business Administration from Providence College in 1994.
Howard W. “Hoddy” Hanna III is Chairman and CEO of Howard Hanna Real Estate Services, Inc., the fourth-largest full-service and the third-largest privately held real estate company in the United States. With 131 offices across Pennsylvania, Ohio, New York and West Virginia, the company specializes in residential, commercial, mortgage and insurance brokerage services and employs more than 5,000 sales associates and staff. Hanna joined the company in 1965 before entering college and sold real estate during his summer vacations from John Carroll University where he earned his Bachelor of Science. He was named general manager in 1974 and became CEO of the real estate company and its parent, Hanna Holdings, Inc., when it was incorporated in 1979. Hanna was promoted to President in 1983 and CEO in 1990.
Hanna chairs the Children’s Hospital of Pittsburgh Foundation board of trustees, and is a member of the board of the Federal Reserve Bank of Cleveland’s Pittsburgh office, John Carroll University, LaRoche College, the Pennsylvania Industrial Development Authority, the Katz Graduate School of Business Board of Visitors – University of Pittsburgh, and the Diocese of Pittsburgh Financial Council. He is also the former chairman of the Real Estate Services Providers Council, The Realty Alliance and Family House.
Since 1991, the Howard Hanna Company has donated more than $5 million to support the Free Care Fund at Children’s Hospitals in its footprint. Hanna and his wife founded and chaired the Pittsburgh Central Catholic High School Auction, which has raised more than $2.5 million for scholarships.
Judith M. von Seldeneck is Founder, Chairman and CEO of Diversified Search, a global executive-search firm serving clients in specialty practices, including health care, not-for-profit and higher education, life sciences, media and entertainment, financial services, consumer and industrial, technology and corporate boards.
Diversified Search was the first retained executive search firm in Philadelphia and the largest woman-owned firm in the country. In 1998, Diversified Search became one of the first executive search firms to be acquired by a large public corporation, MPS Group, a $2 billion NYSE corporation. In 2004, Diversified Search bought the firm back from MPS Group. In 2005, it became the exclusive U.S. partner of Ray & Berndtson, the sixth-largest retained executive search partnership in the world, with 58 offices in 35 countries.
von Seldeneck has received numerous awards and was chosen as one of the top 10 executive search recruiters in North America and named by Businessweek in February 2008 as one of the “Top 50 Most Influential Executive Recruiters in the World.” She received Philadelphia Magazine’s First TrailBlazer Award, the Philadelphia Business Journal and the National Association of Women Business Owners Women of Distinction Award, the Gardner W. Heidrick Award for excellence in executive search presented by the Association of Executive Search Consultants, and was selected by the National Women’s Economic Alliance and Directors Resource Council for the Directors Choice Award for her service on public company boards and was named woman of outstanding achievement by the Philadelphia Women’s Network.
She has been active on many boards, including Teleflex Inc., Tasty Baking Company, Greater Philadelphia Chamber of Commerce, The Hyde Schools, the Philadelphia Chapter of the National Association of Corporate Directors, The CEO Council for Growth, The Caron Foundation, and the International Women’s Forum. She co-founded the Forum of Executive Women more than 30 years ago, which is the largest association of women business leaders in the Delaware Valley.
Before starting Diversified Search, von Seldeneck was executive assistant to Vice President Walter F. Mondale for 10 years. She attended law school in the evenings at American University College of Law.
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is a $153 billion commercial bank holding company. It is headquartered in Providence, R.I., and, through its subsidiaries, has 1,480 branches, approximately 3,600 ATMs and approximately 23,000 employees. Its two bank subsidiaries are RBS Citizens, N.A. and Citizens Bank of Pennsylvania. They operate a 12-state branch network under the Citizens Bank brand in Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, and the Charter One brand in Illinois, Michigan and Ohio. CFG has non-branch retail and commercial offices in about 40 states. It is one of the 10 largest commercial banking companies in the United States ranked by assets as of March 30, 2009. CFG is owned by RBS (The Royal Bank of Scotland Group plc).