PHILADELPHIA--(BUSINESS WIRE)--Glenmede, a privately held and independently owned investment and wealth management firm with $37 billion in assets under management, today announced that the board elected Rhonda R. Cohen as chairman of the Board of Directors of The Glenmede Trust Company N.A. Ms. Cohen joined the board in 2008 and serves on the Compensation Committee and the Relationship Oversight Committee.
Ms. Cohen succeeds Joseph N. Pew, IV, M.D. who passed away on June 10, 2017. Dr. Pew joined the board in 1988 and became chairman in 2004. Under Dr. Pew’s leadership, the Glenmede board oversaw the expansion of the Trust Company’s Endowment and Foundation practice, development of Glenmede Investment Management LP and expansion of Glenmede into new geographies.
Ms. Cohen, who practiced law for 20 years and was a former partner in Ballard Spahr LLP, one of the largest law firms in Philadelphia, is an active member in the Philadelphia community. She holds board positions with several organizations, including Delaware Valley Friends School, The Christopher Ludwick Foundation, Visit Philadelphia, ESF Dream Camp Foundation and Swarthmore College. In addition, she currently serves as campaign co-chair for the Jewish Federation of Greater Philadelphia. Ms. Cohen holds a B.A. from Swarthmore College and a J.D. from the University of Pennsylvania Law School.
“During her nearly decade-long tenure on our board of directors, Rhonda has proven to be a thoughtful contributor and colleague,” said Gordon Fowler, CEO & President; Chief Investment Officer of Glenmede. “She will be an exemplary leader, building upon Dr. Pew’s legacy and helping to guide Glenmede well into the future.”
“It is an honor to serve as chairman of the Glenmede Board, and to be the first woman to do so,” said Ms. Cohen. “I look forward to collaborating with my fellow directors in the governance of a thriving organization that succeeds in serving the interests of its clients, employees and shareholders in pursuit of its business mission.”
The Glenmede Trust Company, N.A. (“Glenmede”) is among the nation’s leading investment and wealth management firms with $37 billion of assets under management for high-net-worth individuals, families, family offices, endowment, foundations and institutional clients. Headquartered in Philadelphia, the firm has offices in Ohio, Delaware, New Jersey, New York City and Washington DC. For further information, please visit www.glenmede.com.