Sorry but the OP narrative is not at all in line with reality, The people that had the contrtol of Signature
Bank were not all a bunch of straight old white republican men.
Though there were also white males that may or may not have been straight, or affiliated with a political party, there was the previously mentioned director a black male, sexual preference and party affiliation unknown, there was a gay democrat, a woman seemingly interested in social justice causes, another woman who worked with Hillary Clinton and Bill DeBlasio in some capacity and a woman that sells foreign beer.
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| Barney Frank has been a member of the Board since June 2015. Mr. Frank served as a U.S. Congressman representing the 4th District of Massachusetts from 1981-2013 and also was the Chairman of the House Financial Services Committee from 2007-2011. As Chair of the House Financial Services Committee, Mr. Frank was instrumental in crafting the short-term $550 billion rescue plan in response to the nation’s 2008-2009 financial crisis. Later, he cosponsored the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was signed into law in July 2010. 18 Prior to serving in Congress, Mr. Frank spent eight years as a state Representative in Massachusetts and, earlier, served as Chief of Staff to Congressman Michael Harrington and Chief Assistant to Mayor Kevin White of Boston. Mr. Frank’s extensive experience as a Congressman, and particularly as Chair of the House Financial Services Committee, led the Board to conclude that he should be a member of the Board. |
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| Judith A. Huntington has been an independent director of the Bank since April 2013. She currently serves as Chair of the Examining Committee and is a member of the Bank’s Risk Committee and Compensation Committee. Ms. Huntington is President of Pegasus Financial Concierge LLC, offering individual tax preparation and personal financial management services. Ms. Huntington's professional experience includes more than 30 years in the financial arena. For 15 years, Ms. Huntington served as the president and previously vice president for financial affairs of a small, private, liberal arts college in New York. Prior to that, Ms. Huntington worked as a certified public accountant for 15 years with KPMG LLP as audit senior manager in KPMG's metro New York office, providing assurance services to a multitude of clients in the firm's banking, manufacturing and not-for-profit practices. While at KPMG, she was an instructor in the firm’s professional educational programs, recruitment program, and participated in the firm's peer review process. In a firm-sponsored fellowship, she participated in a two-year rotation with the Financial Accounting Standards Board (FASB) where she worked to develop and publish accounting standards. Ms. Huntington is a member of the Board of Directors and Site Administrator of the Volunteer Income Tax Assistance Program (VITA) of Danbury, Connecticut, an IRS sponsored organization offering free tax preparation for low-income individuals. In addition, she is a member of the Board of Directors of the Newtown Bridle Land Association, an open space, land preservation trust. Ms. Huntington was named to the Women Inc.’s 2019 Most Influential Corporate Directors List and was inducted into the Business Council of Westchester’s Hall of Fame, receiving the Women in Business Award. She is the recipient of the Apex Advocacy Award from the Westchester County Association for her participation on the Association’s Property Tax Alliance. Ms. Huntington's experience in the financial services sector led the Board to conclude that she should be a member of our Board. |
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| Jalak Jobanputra was appointed to the Board effective March 31, 2022. Ms. Jobanputra is Founder and Managing Partner of Future\Perfect Ventures (FPV), an early-stage venture capital fund investing in decentralized technology with a focus on digital assets, blockchain tech, and the buildout of Web3. FPV’s portfolio includes Abra, Blockstream, Aza, Everledger, The Graph Protocol, Curio, Current and Blockchain.com. Ms. Jobanputra was awarded Institutional Investor’s Most Powerful Fintech Dealmakers from 2016-2018. In May 2018, Ms. Jobanputra was awarded Microsoft’s VC Trailblazer Award for her early and bold investments in the sector. In 2017, she was cited as a “Top 5 Investor Powering the Blockchain Boom” and Crunchbase noted FPV as one of the top VC funds in blockchain “before it was cool”. Since founding the firm, she has spoken on blockchain technology, IoT, and artificial intelligence at many global conferences, including the Milken Global Institute, Dutch Development Bank/FMO Annual Meeting, and The Economist Buttonwood Gathering. Prior to FPV, Ms. Jobanputra was the Director of Emerging Market Mobile Investments at Omidyar Network, a philanthrocapitalist fund started by Pierre Omidyar, co-founder of eBay. Previously, she worked at Intel Capital investing in enterprise software in Silicon Valley from 1999-2003, as well as New Venture Partners and the NYC Investment Fund where she formed one of New York’s first seed funds and helped establish the Fintech Innovation Lab in 2010. She started her career as a media/tech/telecom investment banker in New York and London. Ms. Jobanputra is also active in supporting education reform and social entrepreneurship. She served as a Trustee of Achievement First Bushwick Charter Schools (Brooklyn) and the Center for an Urban Future, Advisory Board of L’Oreal’s Women in Digital Initiative, member of former New York City Mayor DeBlasio’s Broadband Taskforce, and former Access to Capital Committee member of the US Secretary of State Clinton Women’s Leadership Council. |
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| Maggie Timoney is President & Chief Executive Officer of HEINEKEN USA based in New York. Prior to this role, she spent five years as President & Chief Executive Officer of HEINEKEN Ireland. She has spent the last 23 years at the HEINEKEN Group in senior executive positions in both commerce and general management across developed and developing markets. Ms. Timoney is recognized as a transformational leader, as demonstrated through her strong financial results combined with high impact in both cultural and social change. Ms. Timoney’s recognized success as an active CEO led the Board to conclude that she should be a member of our Board of Directors. |
It seems to me that, though the BODs is not excessively diverse the number of straight white males is not out of line with their representation in the general [population. Except for Former Congressman Frank, I a,m unaware of the party affiliation, sexual orientation or the sexual identity preferences of the Board members so I cannot say how well they reflect the general population as far as LGBTQETC. representation is concerned. I also so not know how many Democrats are, how many are Republicans and how many are Independents but if I were to be asked to guess I would go with what is typical of large corporations and suspect that the majority would be Democrats.
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