Top 50 Power Women – 2016

Penn Mutual                    Eileen McDonnell

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. She received an honorary doctorate from Molloy College in 2011.

Eileen is a native New Yorker and is a second-generation Irish American with ancestry from Clare, Leitrim, Mayo, and Sligo. 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. She has also been honored as one of Crain’s New York Business 40 under 40. Eileen resides in Pennsylvania with her daughter Claire.