DIVERSITY & INCLUSION at Associated Bank

Transcription

1 2017 DIVERSITY & INCLUSION at Associated Bank

2 Corporate Vision Contents Key Diversity & Inclusion Highlights... 2 Letter from the President & Chief Executive Officer Associated Bank will be the Midwest s premier financial services company, distinguished by consistent, quality customer experiences, built upon a strong commitment to our colleagues and the communities we serve, resulting in exceptional value to our shareholders through economic cycles. Diversity & Inclusion Council Vision and Priorities...4 Diversity & Inclusion Outreach Partnerships....6 Talent Spotlight Colleague Resource Groups Recognition....9 Diversity & Inclusion Council Leadership....9 Looking Forward Haymarket Square branch, Milwaukee, Wis. About Us Associated Banc-Corp (NYSE: ASB) has total assets of $33 billion and is one of the top 50 publicly traded U.S. bank holding companies. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from over 230 banking locations serving more than 110 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. More information about Associated Bank is available at AssociatedBank.com. 1

3 2017 DIVERSITY & INCLUSION REPORT Key Diversity & Inclusion Highlights Our 2017 Highlights 81 % of colleagues feel Associated Bank values diversity and inclusion. 13 % of colleagues are minorities; 39 % in the Chicago market. 61 % of all management-level hires are females or minorities. 31 % of senior vice president positions held by females. 1.2 % of new hires are protected veterans. 41 % of all colleagues are involved in one or more Colleague Resource Groups. 8 % of eligible spend from diverse suppliers. 54 % of all promotions are minority colleagues. > 20 % female board representation. 2.6 % of colleagues are individuals with disabilities. DIVERSITY & INCLUSION TIMELINE 2011 TO Launched Diversity & Inclusion Council and five Colleague Resource Groups Established female senior vice president goal (30%) Established veteran goal and strategy Established cross- Colleague Resource Group events and charitable grant program Introduced sixth Colleague Resource Group Launched Community Advisory Councils Achieved supplier diversity goal Advanced involvement of business lines in Diversity & Inclusion initiatives Established minority goal and strategy Completed external strategic review Signed the CEO Act!on for Diversity & Inclusion TM pledge 2

4 ASSOCIATED BANK DIVERSITY & INCLUSION COUNCIL Letter from the President & Chief Executive Officer Since the inception of our Diversity & Inclusion Council in 2011, Associated Bank has made great progress toward our Diversity & Inclusion vision. At Associated Bank, we believe that honesty, integrity and appreciation of others are qualities of a good culture, and a good life as well. Associated Bank strives to reflect the diversity of the communities we serve. As our communities evolve, so too should the viewpoints, ideas and experiences that inform our business. This requires focus and intention, and we are continually building a diverse and inclusive culture at Associated Bank that attracts the best talent and provides opportunities for all colleagues to apply their talent and grow as professionals. With our broadly experienced talent, we will continue to provide long-term, sustainable value to our shareholders. We re pleased with what we ve accomplished, having surpassed many of our goals including the advancement of women, broadening supplier diversity, growing our diverse colleague population, and signing the CEO Act!on for Diversity & Inclusion pledge in Our colleagues continue to increase the number of focused volunteer hours serving our communities in causes that support their individual interests and those that foster economic development, provide financial education and support to low- to moderate-income neighborhoods in our communities. We continue on our journey to foster a culture where people from a diversity of backgrounds feel respected, included and open to sharing ideas, and our customers and community partners feel welcomed and understood. Sincerely, Philip B. Flynn President & Chief Executive Officer 3

5 2017 DIVERSITY & INCLUSION REPORT Diversity & Inclusion Council Vision and Priorities We believe that we all share responsibility for shaping a diverse and inclusive culture. In consideration of our vision, Associated Bank establishes goals and takes action to attract, develop and retain diverse talent while continuing to enhance our culture of inclusion. These goals and actions ensure that we stay focused and accountable to taking bold action to reach our vision. Additionally, this year we signed the CEO Act!on for Diversity & Inclusion pledge. As a founding signatory of the pledge, we agreed to share successful diversity and inclusion initiatives with the business community, as well as best practices and key lessons learned. Through many efforts, our priority is to leverage the collective voices of the business community to work together to build a productive, diverse and inclusive workplace, for the benefit of all. Furthermore, we have made it a priority to ensure that our diverse and inclusive culture has visible commitment from our leaders, as well as an infrastructure and resources to guide success. We believe these efforts and recognition by our colleagues are differentiators in the industry and key to retaining and growing our workplace diversity. These internal initiatives make Associated Bank a better company for our customers, colleagues and the communities we serve. The element we celebrate most is the pride our colleagues have expressed in working for a company where they feel valued, respected and open to sharing their ideas and perspectives. There is a tremendous opportunity to benefit from a diverse and inclusive culture at Associated Bank. Continue to read more about our progress and the opportunities ahead of us. There is real opportunity for growth. We are focused on diversity and inclusion for all colleagues while bringing value to the customer. Denise, Director of Multi-Cultural & Affordable Lending 4

6 ASSOCIATED BANK DIVERSITY & INCLUSION COUNCIL Diversity & Inclusion Outreach Partnerships This is a sampling of external organizations we partner with to locate and provide opportunities to diverse talent. External organizations that have an interest in partnering with us can call WISCONSIN ILLINOIS MINNESOTA Marquette University Educational Opportunity Program Hispanic Professionals of Greater Milwaukee Cristo Rey Network Corporate Work Study Program Bankwork$ Chicago Cook Workforce Partnership Cristo Rey Network Corporate Work Study Program United Negro College Fund Project for Pride in Living Goodwill-Easter Seals Pillsbury United Communities Minnesota Works and Minnesota Jobs Celebrate Diversity Fox Cities Wisconsin LGBT Chamber of Commerce It s motivating to see my ideas come to life. I realized I can make a difference working here. Liz, Diversity & Inclusion Talent Consultant 5

7 2017 DIVERSITY & INCLUSION REPORT At Associated Bank, we recognize our colleagues as resources critical to fulfill our company s Vision, Values and Aspirations and will invest in the growth and development of our people while providing a diverse, inclusive and welcoming culture. Associated Bank is a value-driven organization with a clearly defined set of values focused around our customers, colleagues, communities and shareholders. Our Vision and Values are energized by a strong sense of purpose shared throughout the organization. While our Vision and Values summarize the essence of what our organization stands for, there are several related elements, including our Aspirations, History Awareness, Risk Vision, Value Management Philosophy, Talent Philosophy, Corporate Social Responsibility Guidelines, Customer Experience Philosophy and Brand Positioning. Together, these serve as our cultural framework and define who we are, what we want to be and how we want to conduct ourselves as an organization and as individuals. Ultimately, we believe our success begins and ends with people. For this reason, the establishment and nurturing of a culture where colleagues feel valued, respected and open to sharing ideas and perspectives is at the core of Associated Bank. Anchored in the belief that an investment in the future of our colleagues is an investment in the future of our company, we are committed to: Attracting high-caliber talent Providing development opportunities Providing awards based upon performance (our value-management approach) Our goal is to ensure that each colleague is accountable for their performance, delivers our shared customer promise and is empowered to support our risk management philosophy. Further, we feel a critical component to our success is our ability to recognize and value diversity and inclusion, both internally and in the communities we serve. 6

8 ASSOCIATED BANK DIVERSITY & INCLUSION COUNCIL Talent Spotlight We greatly value when colleagues in their own words describe the strong connections, clear direction and real opportunities they experience working at Associated Bank. LaDonna began her career with Associated Bank in 2016 as the Multicultural and Affordable Sales Integration Manager with a focus on effecting change from a policy and community impact standpoint. Earlier this year, she was promoted to her current role as Director of Community Accountability. Associated Bank is large enough to provide opportunities but small enough that you can make an impact. LaDonna SVP, Director of Community Accountability She is an active participant in Associated Bank s Cultural Awareness Network and the Associated Women s Network and has a special interest in the recruitment and retention of minorities. She attributes much of her success to her parents and grandparents, who encouraged lifelong learning and a strong work ethic. Her plans for the future include expanding Associated Bank s community accountability efforts and becoming a mentor and role model for others. Nicole began her career with Associated Bank as a teller in During her tenure, she s held leadership roles in Consumer Banking, Technology and Corporate Risk. In February 2018 she was promoted to Chief Risk Officer. The educational and career development support across business lines allow for limitless opportunities to build a rewarding career and lasting relationships. Nicole EVP, Chief Risk Officer Nicole is a frequent participant at Colleague Resource Group events and has been involved in the Associated Women s Network since its inception, most recently as senior co-chair. She s also a board member of the Wisconsin chapter of myteam TRIUMPH, an organization focused on supporting individuals with diverse abilities through athletics. She attributes much of her professional success to her ability to adapt and her strong desire for ongoing learning and growth. With a willingness to take on complex projects, she s focused on creating the most effective risk culture possible at Associated Bank, giving back to the community and supporting the fight against financial crimes. 7

9 2017 DIVERSITY & INCLUSION REPORT Colleague Resource Groups Through the involvement of Colleague Resource Groups, we are improving our colleague recruitment and retention, inclusive culture and our community and market outreach. More than 1,800 colleagues are involved in one or more of these groups. Each Colleague Resource Group works collaboratively with Associated Bank s Diversity & Inclusion Council on a series of core objectives and reports outcomes, including: Retention and recruitment Community involvement and outreach Professional development Transparent communication Market visibility Interactive collaboration in a supportive environment 1,800 + Colleagues involved in one or more Colleague Resource Groups Colleague and community events held throughout our footprint 20 Regional chapters within six Colleague Resource Groups ASSOCIATED BANK S COLLEAGUE RESOURCE GROUPS CULTURAL AWARENESS LGBT+ YOUNG PROFESSIONALS WOMEN VETERANS INDIVIDUALS WITH DISABILITIES 8

10 ASSOCIATED BANK DIVERSITY & INCLUSION COUNCIL Recognition Milwaukee Journal Sentinel Top Workplaces 2012, 2013, 2014, 2015, 2018 Milwaukee Journal Sentinel Milwaukee Business Journal HR Award 2015 Milwaukee Business Journal Workplace Diversity and Inclusion Award 2015 Society for Human Resource Management Recruitment Partner of the Year 2016 University of Wisconsin Green Bay 2020 Women on Boards 2014, 2015, 2016, 2017 Winning W Company Top Veteran-Friendly Company 2016, 2017 U.S. Veterans Magazine Best for Vets: Employers 2017 Military Times Veteran Friendly Workplaces 2016, 2017 USO Wisconsin Best of the Best Large Business Elite Award 2017, 2018 National Association of Business Resources Top 100 D&I Innovators 2018 Mogul Best Place to Work for Young Professionals 2015 Bubbler Award 2015 NEWaukee Diversity & Inclusion Council Philip Flynn President & CEO; Chair, Associated Diversity & Inclusion Council Judith Docter Chief Human Resources Officer; Executive Member Christopher Piotrowski Chief Marketing Officer; Executive Member Laurie Riedy Timmerman Director of Colleague Experience; Co-chair, Associated Diversity & Inclusion Council Jane Rolling Senior Counsel Teresa Schoffelman Director of Corporate Communications Elizabeth Strike Diversity & Inclusion Talent Consultant Cordero Barkley Fiduciary Officer Cultural Awareness Network Michelle La Mar HR Business Partner Associated Forward Abilities Network Brendan Marston Operations Senior Unit Manager Young Professionals of Associated Kevin Ress Risk and Control Program Manager Associated Veterans Network Jenni Roudebush Team Leader Commercial Real Estate Associated Women s Network Dana Vigna Business Line Training Coach Associated Pride and Equality Exchange 9

11 2017 DIVERSITY & INCLUSION REPORT Looking Forward In 2018 and beyond, Associated Bank aims to: Take bold leadership action to continue to shape an inclusive culture. Continue to advance diversity and inclusion goals and objectives across each business line. Enhance recruitment, development and retention of minority colleagues to more closely reflect the diversity in our communities. Continue to advance supplier diversity. Refine our diversity and inclusion communication to extend reach both internally and externally. Enhance overarching diversity and inclusion education with focus on middle management and Colleague Resource Group leaders. Diverse Inclusive Transparent Top three words colleagues use to describe Associated Bank s culture in our annual workplace survey. Continue to enhance streamlined process for our Colleague Resource Groups to more effectively contribute toward business line goals. To experience firsthand the impact Associated Bank is making with customers and in our communities is very rewarding. I get to work on many diverse teams and we all share a common goal. Steven, Corporate Social Responsibility Analyst 10

12 AssociatedBank.com/About-Us/Diversity AssociatedBank.com/Careers 433 Main St. Green Bay, WI Member FDIC. Equal Housing Lender. Equal Opportunity Lender. Equal Opportunity Employer. M/F/D/V. Drug-Free Workplace. (4/18) 11895