"As the lead bank in our seven-bank consortium, PNC saved Catholic Health East a great deal of money through the renegotiation of the line of credit this year. I've been so impressed with the way our PNC banking team stays on top of technology and strives toward continually improving our relationship that I've made PNC my personal bank as well."
Making the Move to CFO
In addition to expertise and commitment, career advancement typically requires a substantial amount of flexibility. For Jenny Barnett, flexibility meant moving from Houston to Philadelphia, uncharted territory for this financial professional who had spent her entire life in the South.
"I was born and raised in southern Louisiana and then I worked in Houston," says Jenny. "I accepted the job in Philadelphia to be closer to my husband, who works in Washington D.C., but that meant moving away from my family and friends to a new place and climate. I'm adventurous, but this move required quite an adjustment."
Armed with energy, enthusiasm and an endlessly positive attitude, Jenny has in the past four years made Philadelphia - and Catholic Health East (CHE) - her new home. "I had been the director of finance and then corporate controller for a faith-based healthcare system serving Arkansas, Louisiana, Oklahoma, Texas and Mexico, so moving into the chief accounting officer role at CHE was a natural transition," she explains. "In my eight years with my previous employer, I had put many of the systems into place that CHE was now striving to adopt."
Within four years, CHE, which has more than 54,000 employees in 11 eastern states from Maine to Florida, promoted Jenny to executive vice president and chief financial officer, the position she holds today. "I don't know that I intended to become a CFO; my career just evolved," she says. "If you're a good student - open to input and feedback - mentors step up to teach you. The next thing you know, you become a leader."
Teamwork Trumps Individual Success
Her move to the East also introduced Jenny to PNC. She discusses the relationship: "As the lead bank in our seven-bank consortium, PNC saved Catholic Health East a great deal of money through the renegotiation of the line of credit this year. They serve as the primary banker for our cash management program and have also helped us build a successful purchasing card program. I've been so impressed with the way our PNC banking team stays on top of technology and strives toward continually improving our relationship that I've made PNC my personal bank as well."
Jenny is equally delighted with the performance of her CHE team. "As a leader, it's my responsibility to set high standards and ambitious goals and then give my team the opportunity to run with them. They take ownership, and then see our projects through to successful completion. If you learn how to lead from the background, you'll help the members of your team develop to their fullest. Shared success is the best kind of success."