ALBANY — Jennifer MacPhee, who has led Bank of America’s operation within the Albany-Hudson Valley area since 2005, will retire on Tuesday.She grew to become a Bank of America market president on the early age of 36, and might be retiring at an early age too, at age 51.
“I really grew up with the company, and I was able to achieve every single goal that I had,” MacPhee mentioned with tears in her eyes.
MacPhee and her husband, David MacPhee, the CEO of LeverPoint Administration, had all the time deliberate on attempting to place themselves ready to retire early.
“As you’re moving up the ladder and working really hard to achieve your career goals, I never really had a specific age in mind, I just felt that I wanted to continue to work at my company, because I think Bank of America is the best company in the world,” MacPhee mentioned. “I always knew I would retire from [Bank of America].”
Final yr, MacPhee led and remodeled the monetary advisor improvement program at Merrill Lynch. It is among the largest coaching packages of its sort within the business.
“I got brought in and had the opportunity to add 100 new management positions to make it even better,” MacPhee mentioned. “It was really a unique opportunity to build my team from scratch.” MacPhee shouldn’t be precisely positive how a lot the pandemic influenced her determination to retire, however it has given her plenty of time to mirror.
“I definitely I started looking at things differently, a little bit, when you think about how much things can change quickly. Look what’s happened with a pandemic,” MacPhee mentioned. “I don’t know if [the pandemic] changed me a little bit, but it has made me appreciate things even more.”
MacPhee and her husband purchased a home on Lake Norman in North Carolina. Her older brother, her mom, and her aunt and uncle reside close by. She’ll be spending 5 weeks there after which will return to the Albany space to work locally in the direction of eliminating racial inequities.
Bank of America has been internet hosting a collection of conferences with nonprofits and teams just like the Black Chambers of Commerce and the Hispanic Chambers of Commerce to attempt to assess the place the best monetary want is within the Albany-Hudson valley.
“We have more people now than ever who are getting involved in trying to help solve for racial inequity,” MacPhee mentioned. “I’m so proud of what my company is doing there that I personally want the time to do more.”