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Three Massachusetts Women Changing the Face of Leadership – Banker & Tradesman

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Three Massachusetts Women Changing the Face of Leadership – Banker & Tradesman



Malia Lazu

Across America, organizations are celebrating Women’s History Month, recognizing the cultural, economic, scientific, and social contributions of women in America. There is no shortage of women luminaries from the past. Two personal favorites of mine are Harriett Tubman and Eleanor Roosevelt and, an activist and ally who championed civil and human rights.

But when we look back across history at women in leadership, we see two very different stories: one for white women and one for women of color. The fact is efforts to improve gender diversity have led to gains mostly by white women, as USA Today reported. For women of color, advancement into leadership has taken longer and for no other reason than systemic racism and inherent bias that determines who gets hired, developed and promoted.

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There are examples everywhere. In 1981, Sandra Day O’Connor became the first woman to serve on the U.S. Supreme Court – followed far too many years later by the first women of color to sit on the high court. In 2019, Justice Sonia Sotomayor, the first Hispanic and first Latina, was sworn in and, in 2022, Justice Ketanji Brown Jackson became the first Black woman to serve on the Supreme Court.

We see a similar pattern in corporate leadership. In 1972, Katharine Graham of the Washington Post became the first woman on the Fortune 500 list of CEOs. The real trailblazer, though, came in 2009 when Ursula Burns of Xerox became the first Black female CEO on that list.

As we look around our organizations today, we see few, if any, people of color in senior leadership – and even fewer women of color. It’s time to change the face of women in leadership to be truly inclusive: BIPOC women, Asian women, LGBTQ women, and women from other underrepresented groups.

Here in Massachusetts, we have three champions who are leading the way, not just for themselves, but also for greater equity for all.

Three Mass. Women Champions

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Mayor Michelle Wu, the daughter of Taiwanese immigrants, became the first woman and the first non-white person to lead the city of Boston. As anyone in Boston real estate development, housing and banking knows all too well, Mayor Wu ran on a platform of completely revamping the Boston Planning & Development Agency, which for too long has favored big developers at the expense of our racially and ethnically diverse communities.

Under Mayor Wu, the BPDA is in the process of being transformed, including by updating and modernizing the zoning code; ensuring development (and the approval process) is more transparent and predictable for developers and community members; and using public land for public good, with a focus on affordability.

Gov. Maura Healey made history in 2022 when she (along with Oregon Gov. Tina Kotek) became one of two openly gay governors in the U.S. During in her political career, as the first openly gay state attorney general to be elected in the country, she led the commonwealth’s challenge of the Defense of Marriage Act, which had banned same-sex marriage.

Now among Gov. Healey’s many initiatives is a push to tackle housing costs, and more specifically increasing the supply of affordable housing. The governor and her team are championing the Affordable Homes Act, which aims to create housing for all income levels in the state.

U.S. Rep. Ayanna Pressley proudly calls herself an activist, a legislator, a survivor and the first women of color to be elected to Congress from the commonwealth of Massachusetts. She does not shy away from taking on those in power, including in the banking sector. Last summer, she sent letters to the CEOs of JPMorgan Chase, Bank of America, U.S. Bank, Wells Fargo and Citi, asking for a “detailed update” on the commitments to racial equity that these financial institutions had announced so publicly in the wake of George Floyd’s murder in May 2020.

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She is calling on these big banks to heal the harm caused, not only historically but also currently in perpetuating the bias and racial inequalities within the banking system.

A Mandate for Change

These strong leaders – all of whom were elected by wide margins – are reminders of what happens when we change the face of women in leadership. Across the public and private sector–including the real estate and financial industries–we need more of these strong women leaders who come from varied backgrounds.

White women rising to the upper echelons of corporate leadership is not enough. Bold, courageous and innovative leadership requires leaders from multiple diverse backgrounds – bringing together the intersectionality of being a woman and being BIPOC, Asian, and LBGTQ. To truly change the face of leadership, women must be united in the cause – with more white women becoming allies to support and champion women of color in leadership.

Malia Lazu is a lecturer at the MIT Sloan School of Management, CEO of The Lazu Group, former Eastern Massachusetts regional president and chief experience and culture officer at Berkshire Bank and the author of “From Intention to Impact: A Practical Guide to Diversity.”

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Massachusetts

‘No way to leave’: Mass. families stuck in Middle East amid war in Iran

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‘No way to leave’: Mass. families stuck in Middle East amid war in Iran


Massachusetts families are stuck in the Middle East amid the war in Iran, and Democratic Sen. Ed Markey says the State Department needs to do more to get them home.

The Trump administration is telling Americans to leave the region, and families would love to, but they haven’t been able to get out.

Stacey Schuhwerk of Hingham has been sheltering in place in a Doha hotel since Saturday.

“We hear the missiles outside,” she said. “We can see them.”

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The Hingham mother and her son are among nearly 1,600 Americans trapped in the Middle East with no way to get home.

“Airspace is shut down. There’s no planes,” said Schuhwerk. “There’s no way to leave.”

Flights between Boston and the Middle East are canceled or delayed as travelers express anxiety over the conflict.

At first, U.S. officials told people to shelter in place and register with the State Department — something Schuhwerk did days ago.

“There’s no help there. The last time we called was 20 minutes ago, and they continue to say that ‘We don’t know anything about any plans for government help to get people out,’” she said.

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Embassies and consulates across the region — including the U.S. Embassy in Israel — have now suspended services, saying they simply can’t get Americans out.

“They did not have a plan to conduct this war, and they clearly did not have a plan as to how to evacuate innocent families,” Markey said.

The senator says his office is hearing from Massachusetts families, and he’s pressuring the Trump administration to come up with an evacuation plan fast.

“We are going to apply that pressure on the State Department until every American who wants to leave that region is out,” he said.

Back in Doha, Schuhwerk keeps watching the war outside her window.

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“The talk here is ‘How much defensive ammunition’s left?’ Good question, you know, because the missiles aren’t stopping,” she said. “So how long are we going to be safe here?”

With no clear end to this conflict, she’s worried she could be stuck there for weeks.



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Snow, ice, rain to impact roads in Massachusetts – Boston News, Weather, Sports | WHDH 7News

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Snow, ice, rain to impact roads in Massachusetts – Boston News, Weather, Sports | WHDH 7News


Happy Tuesday! While today started off dry, we’re already looking at snow out there across the area. While this event will primarily stay as rain on the Cape and islands, it will be an icy mix of snow, ice and rain for the rest of us.

The rain/snow line will continue to advance from the south to the north as the evening progresses. Before the changeover, there will be a quick coating to 2 inches for most of our area.

The threshold between the snow and rain will feature sleet and freezing rain, leading to that icing.

For the rest of the night, there will primarily be rain with continued pockets of freezing rain, leading to increasing spotty ice accretion. Be extremely careful on roads, especially since switching between rain and freezing rain can wash off any road salt.

The rain and freezing rain will exit by 6 a.m. Wednesday, but temperatures will still be close to freezing during the morning commute, so watch out for some spotty black ice.

The rest of Wednesday will be really nice! Highs will warm up to the mid 50s with the help of ample sun.

Thursday we start off in the mid 20s and top off in the mid 40s. We’ll be partly sunny with another chance for some wintry weather Thursday night. This primarily looks like some rain and freezing rain, rather than the triple threat with snow too. We’ll keep an eye on that for you.

That will continue into Friday morning. The rest of Friday: cloudy with a chance for a spot shower and highs cooler again in the upper 30s. Saturday will be dry, breezy and cloudy but gorgeous near 50 degrees! There’s a chance for some rain showers Saturday night. Don’t forget to set your clocks forward an hour before you to go bed!

Sunday we start the day mild in the 40s and make it all the way into the upper 50s with more sun. Monday and Tuesday both look bright and in the 60s! Stay tuned.

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Massachusetts man awaits word from family in Iran after attacks

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Massachusetts man awaits word from family in Iran after attacks




Massachusetts man awaits word from family in Iran after attacks – CBS Boston

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Poya Sohrabi hasn’t heard from his family since they took shelter from attacks in Tehran. WBZ-TV’s Mike Sullivan reports.

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