Sheila Penrose

  • Former President

Global Corporate Bank at Northern Trust

Sheila Penrose

Overview

Sheila Penrose is a board member and executive with extensive experience in leadership development and stakeholder management.  Over the last two decades, Penrose has served as an independent director for global companies in the specialty chemicals, secure identity and transactions, financial systems, restaurant, and real estate services industries. Penrose is President of S. A. Penrose Advisors, and a trusted advisor to CEOs and C-Suite executives sharing extensive experience in board dynamics, stakeholder management, CEO succession, talent and team-building, strategic M&A, capital allocation and sustainability.

Career History

Penrose served as Chairman of JLL Inc., and as Director of McDonald’s Corp chairing the Sustainability Committee.  She has served as an independent director for global companies in the specialty chemicals, secure identity, financial systems, restaurant, and real estate services industries. She also acts as Executive Advisor to Boston Consulting Group. As Co-Founder and Co-Chairman of Corporate Leadership Center, Penrose partners with major companies to augment and accelerate the leadership development of their senior executives through the CEO Perspectives and Leading Women Executives programs.

A regular speaker at the World Economic Forum and a member of its Community of Corporate Chairmen, Penrose currently serves as an advisor on WEF’s Global Parity initiative.  As a founding member of the US 30% Club and on the Advisory Board of Catalyst, Penrose has been a strong advocate of advancing women in business.

In her executive career, Penrose was President of Northern Trust’s Global Corporate Bank, the first and only woman on the company’s Management Committee for seven years. Previously in the UK, she was Economic Advisor at the British Treasury.  In addition to her business roles, Penrose serves on several non-profit boards in healthcare, science and education.

Personal

With a degree in economics and a post-graduate diploma in education from the University of Birmingham in England, and a master’s degree from the London School of Economics, Penrose attended the Executive Program at Stanford Graduate School   of Business.  She later served on the Advisory Boards at Stanford GSB and LSE. Penrose is a recipient of the Chicago Business Hall of Fame, and Women on Boards awards, among others; she was a finalist for NYSE’s Chairman of the Year. Penrose divides her time between Chicago, Florida, and New York.