Business 100 – 2014

Eileen McDonnell/Penn Mutual

Eileen McDonnell is the chairman, president, and CEO of the Penn Mutual Life Insurance Company, a position she has held since 2013. Prior to joining Penn Mutual, she was president of New England Financial, and vice president of Guardian Life Insurance Company. Eileen is a graduate of Molloy College and went on to complete her M.B.A. in finance and investments from Adelphi University, which also recognized her for “outstanding service” in 2013.

Eileen is a native New Yorker and is a second-generation Irish American with ancestry from Mayo and Leitrim. She takes inspiration from her heritage, saying her grandparents’ “courage and optimism embodies the spirit of the Irish, which I’m proud to have inherited.” Eileen belongs to a number of organizations including the Irish American Business Chamber and Network board and the Executive Committee of American Council of Life Insurers. She has also been honored as one of Crain’s NY Business “40 under 40” and received an honorary doctorate from Molloy College. Eileen resides in Pennsylvania with her daughter Claire.