Lynne Fox has been a board member since 2000, and, in 2016, she became the first woman in Amalgamated Bank's near 100-year history to serve as Chair. Fox currently serves as the International President of Workers’ United, Manager of the Philadelphia Joint Board for Workers’ United, where she is tasked with overseeing the budget, strategic planning and representing roughly 75,000 members and also serves as an executive board member of the Service Employees International Union. From 2006 to 2011, Fox served as a board member for the State Employee Retirement System in Pennsylvania, a $26.3 billion fund.
Board of Directors
Donald Bouffard joined the board in 2012 after serving 34 years as a Certified Public Accountant at Crowe Horwath LLP. At Crowe Horwath, Bouffard served as an external audit partner in the Financial Institutions group where he worked with more than 100 financial institution clients serving as both an auditor and strategist for mergers and acquisitions, management succession planning and SEC reporting.
Maryann Bruce joined the board in 2018 after a greater than 30-year career in the financial services industry. Bruce currently serves as an independent trustee for PNC funds and has been honored by Directors & Boards as one of 20 accomplished female board members in “Directors to Watch 2017.” Bruce has also received accolades from US Banker, appearing on “The 25 Most Powerful Women in Banking” list. Formerly, Bruce served on the board of MBIA Inc., was an independent director and Chair of the Compensation Committee of Atlanta Life Financial Group and was an Allianz Funds Trustee.
Patricia Diaz Dennis joined the board in 2018 and brings with her decades of corporate experience. For 13 years, Diaz Dennis served in various capacities as Senior Vice President and counsel for AT&T (previously SBC Communications). She also served in three presidentially-appointed and Senate-confirmed positions. She was appointed to the National Labor Relations Board in 1983 and as a commissioner of the Federal Communications Commission three years later. She was named Assistant Secretary of State for Human Rights and Humanitarian Affairs in 1992. Ms. Diaz Dennis is currently a director of Entravision Communications Corporation and U.S. Steel. She sits on the advisory boards of The Global Fund and WGU Texas, and is the Chair of the World Affairs Council of San Antonio.
Robert Dinerstein joined the board in 2011 and currently serves as Chair of Veracity Worldwide, a strategic risk assessment specializing in emerging markets. Previously, Dinerstein served as Chair of Crossbow Ventures, Inc. and as global co-chair of the financial institutions practice at Greenberg Traurig, LLP. He’s also served in various capacities for companies such as UBS AG, Lehman Brothers, Citicorp’s Investment Bank and is a current member on the executive committee of the board of the Institute of International Bankers.
Mark Finser was a founding member of New Resource Bank and served as Chair until it was acquired by Amalgamated in 2018. Finser started his career in social finance in 1984 as a founder of RSF Social Finance (“RSF”), an organization focused on developing innovative social finance tools to serve the unmet needs of clients and partners. As President and Chief Executive Officer of RSF, Finser grew the organization’s assets to $120 million by 2007, when he transitioned to Chairman of the Board of Trustees. Finser has served on several boards, including B Lab, Yggdrasil Land Foundation and Gaia Herbs.
Julie Kelly joined the board of directors in 2010 and serves as the General Manager of the New York-New Jersey Regional Joint Board of Workers United and an International Vice President and member of the General Executive Board of Workers United. Kelly is President of Local 169 Realty Corporation, a director of Amalgamated Life Insurance Company and a trustee of the Amalgamated National Health Fund, Amalgamated Retail Fund, Consolidated Retirement Fund, the National Retirement Fund and the Union Health Center. She also served as former President of the Clothing Workers Center, a historic organization that has provided a home for tens of thousands of ACTWU workers for over a century.
A director since January 2013, John McDonagh retired from JPMorgan Chase Bank N.A. in February 2011 as a Managing Director of JPM’s Global Special Credit Group, having served in various credit capacities at JPM over a career spanning approximately 38 years. In his final position at JPM, which he occupied from 1998 until his retirement, McDonagh was responsible for the restructuring of large corporate credits, among other responsibilities. Prior to this role, McDonagh also served on JPM’s Fund Performance Review Committee, investigating performance of investments sold to pension funds.
Keith R. Mestrich is President and Chief Executive Officer of Amalgamated Bank. Mestrich has over three decades of experience in finance, many of those assisting the bank’s core constituencies in labor, nonprofits, political organizations and issue-advocacy campaigns. He joined Amalgamated in 2012 and directed the bank’s Washington, D.C. operation where he rebuilt Amalgamated’s presence in the nation's capital. Since his appointment as CEO in 2014, Mestrich has led Amalgamated’s financial recovery and the bank has grown to nearly $5 billion of assets. Under his leadership, the bank returned to profitability, improved its credit quality, installed a new management team and significantly grew its core deposit base. He has spearheaded initiatives to underscore Amalgamated’s mission, including support of a $15 minimum wage (and raising the bank's minimum wage to $15), acceptance of IDNYC as a primary form of ID and certification as a B Corp. In 2017, Mestrich guided Amalgamated’s acquisition of San Francisco-based New Resource Bank, creating the nation’s largest socially responsible bank. Shortly thereafter, he led the strategy behind taking the company public, posting a nearly five percent gain following its public debut on the Nasdaq. Click here to read more about Keith Mestrich.
Robert G. Romasco has served on Amalgamated’s board since September 2014. Prior to joining the board, he served as President, chief volunteer spokesperson, of AARP and on the board of directors from 2006 until 2014. Romasco has also served as Senior Vice President of customer, distribution and new business development for QVC, Inc. and CEO of J.C. Penney Direct Marketing Services, a $1 billon insurance company serving leading credit card firms.
Edgar Romney joined the board in 1995 and also serves as the Secretary-Treasurer of Workers United, a post he's held since 2009. Since September 2009, he has also been a member of the General Executive Board of Workers United and Vice President of Service Employees International Union. Romney got his start with the union in 1962 and has held various leadership roles with the ILGWU and UNITE. Romney also served as Secretary-Treasurer of the Change to Win Coalition from September 2003 until 2009 and he continues to serve on numerous boards of directors.
Stephen R. Sleigh has served on the Amalgamated Bank board of directors since March 2015. In March 2015, he started a consulting business, Sleigh Strategy LLC, to provide strategic advice to align business and workforce interests after previously serving as Director of the International Association of Machinists National Pension Fund. Sleigh also served as a Partner at The Yucaipa Companies from September 2006 until March 2011. He was appointed by the Federal Reserve Board to serve as director of the Baltimore Branch of the Federal Reserve Bank of Richmond and currently serves as the director representative for the investment funds affiliated with The Yucaipa Companies, LLC (the “Yucaipa Funds”).