Cathy Minehan

Minehan received her undergraduate degree from the University of Rochester and earned her MBA from New York University, where she was designated a Distinguished Alumna in 1995.[5]

Minehan has placed much focus on the structural economic development within New England, including community development, public education, and training.[5]

Minehan is "connected to 63 board members in 6 different organizations across 9 different industries."[10][8][6]

Minehan has served on many Boards of Directors including Partners HealthCare, Visa (2007-),[10] Massachusetts General Hospital Trustee,[10] Massachusetts Mutual Life (2009-),[10] Boston Economic Club,[10] She has served on a variety of civic, professional and educational boards, including the School of Social Science Urban Affairs, & Public Policy at Northeastern University, Becton Dickinson (2007-)[10] the Boston Private Industry Council, Massachusetts General Hospital (CEO 2008-), the United Way of Massachusetts Bay and Merrimack Valley,[10] Jobs for Massachusetts, The New England Council, the University of Rochester, and the Carroll School of Management at Boston College.[5][11]

She was Vice Chairman of the Boston Private Industry Council and the National Council on Economic Education.[10] She was an administrator and trustee of the Universities of Rochester[10] and Bentley College.[10]

Minehan was elected to the board of directors of BD (Becton, Dickinson and Company) (NYSE:BDX) effective 19 November 2007.[12]

Minehan is on the board of the Massachusetts Business Roundtable which "applies the strategic perspective of its members" to assist the Massachusett's elected and appointed leaders in "resolving complex public policy issues in ways that strengthen the state's long-term social and economic prosperity."[13]

In 2012 Minehan served as Dean of the School of Management at Simmons College [14] and is a partner at Arlington Advisory Partners.

She is the recipient of the 2006 Pinnacle Award for Lifetime Achievement from the Greater Boston Chamber of Commerce, and was named New Englander of the Year in 2002 by the New England Council.[10] Her other recognitions include the New England Women's Leadership award and the International Women's Forum "Women That Make a Difference" award, the Boy Scouts of America's Champion of Character Award, leadership awards from the Patriots' Trail Girl Scouts and the Boston YWCA, awards from the Women's Economic Round Table for her distinguished career in banking, from the Boston Partners in Education for her leadership role in supporting educational partnerships, and the Medal of Hope from the Organization for a New Equality. She is the recipient of numerous honorary degrees.[5]

Minehan is married to E. Gerald Corrigan, a partner and Managing Director at Goldman Sachs Group, Inc.. Since 2008 he was chairman of Goldman Sachs Bank USA, the bank holding company of Goldman Sachs.[15] He was the seventh President of the Federal Reserve Bank of New York (1 January 1985 – 19 July 1993)[16] and Vice-Chairman of the Federal Open Market Committee.[17] Corrigan is also a member of the Group of Thirty, a prestigious and influential international financial advisory body which includes financiers and academics.[15]

Since they became romantically involved in 1995, Minehan and Corrigan were under scrutiny about potential conflicts of interest.[18] In 1996 Corrigan was named a partner at Goldman Sachs and in 1997 Minehan was on the Federal Open Market Committee, a committee within the Federal Reserve System, the central banking system of the United States. In 1997 a former Governor of the Federal Reserve Board, John P. LaWare, was quoted in the Boston Globe "questioning whether the relationship might not be in the best interest of the Federal Reserve." The couple consulted the general counsel for the Federal Reserve Bank, J. Virgil Mattingly and lawyers at Goldman Sachs when their relationship became serious.[19]

They reside in Boston. Minehan has two children by a previous marriage and Corrigan has children from a former marriage.[5][10]

In 2008, when Minehan and Gerry Corrigan donated $20 million to the Women's Heart Health Program and throughout the Massachusetts General Hospital Heart Center, the Heart Centre was renamed the Corrigan Minehan Heart Center and the Linda Anne Barlow Cardiac Surgical Intensive Care Unit and the Elizabeth Anne and Karen Barlow Corrigan Women's Heart Health Programs were established at MGH.[11]

In 2011 Minehan, Henri Termeer and Chad Gifford— fellow Partners HealthCare Board Members— co-chaired the Massachusetts General Hospital bicentennial. The gala, with 1,000 in attendance, also served as a fundraiser, raising approximately $1 million.[20]

"Cathy E. Minehan — Federal Reserve History". Federal Reserve Bank of Richmond.