Susan Cosgrove, DTCC CFO.
Susan Cosgrove, Managing Director and Chief Financial Officer at The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, has been appointed a Vice Chair of the PENCIL Board of Directors. Founded in 1995, PENCIL is a leading education nonprofit making it easy for business professionals, educators and students to work together—in schools and the workplace. PENCIL’s hands-on programs, including in-school partnerships, mentoring, internships, and immersive experiences like Principal For A Day®, create targeted opportunities for companies like DTCC to make a real difference in the classroom and beyond.
Cosgrove leads DTCC’s global finance and treasury teams where she oversees the company’s efforts to further strengthen its financial processes and capital position. She joined the PENCIL Board in October 2015 to help build upon DTCC’s long-standing commitment to enhancing successful college and career pathways for public school students.
“Serving on the PENCIL Board has been an incredibly rewarding experience,” Cosgrove said. “I look forward to continuing to work with my fellow Directors who share my passion and enthusiasm to advance the mission of PENCIL and strengthen the learning opportunities for our students and future leaders.”
Cosgrove was also appointed Chair of PENCIL’s Resource Development Committee, which is responsible for assisting the Board with revenue-generating and volunteer recruitment planning, as well as with the development of financial resources to support the organization’s strategic growth.
“I could not be more excited to have Susan take on this expanded role within PENCIL’s Board of Directors where she can continue to lend her immense expertise to the organization in new ways,” said Gregg Betheil, President, PENCIL. “For the past three years, PENCIL has been proud to call DTCC a partner through its hands-on work helping the Hudson High School of Learning Technologies to build college and career readiness skills for students in the 10th, 11th, and 12th grades. With Susan in place to guide and support our ongoing work, PENCIL can continue to play a critical role in bringing together more partners, more educators, and more students to open eyes, open minds, and open doors in order to connect our students to success.”
Over the years, DTCC’s commitment to PENCIL has included sustained volunteer and financial support for the organization’s programs. DTCC hosted PENCIL’s first-ever BOSS FOR A DAY, an event designed to give students exposure to a successful workplace, including the opportunity to talk directly with business leaders about their first job experiences and hear how to make the most of a summer internship. DTCC also serves as a host for the PENCIL Internship program, providing a six-week paid summer internship to public high school juniors and seniors who complete an intensive career training program.