PHILADELPHIA–(BUSINESS WIRE)–Glenmede, a privately held and independently owned investment and wealth management firm with $40 billion in assets under management (AUM), today announced the election of Arlene M. Yocum to its Board of Directors. She becomes the 14th Director, three of whom are women.
Ms. Yocum has decades of experience in financial and legal services and brings a strong fiduciary background to Glenmede’s board. Most recently, she served as executive vice president within PNC Bank’s Asset Management Group, from which she retired in 2017 following a 27-year career at the firm. Prior to PNC Bank, Ms. Yocum was legal counsel for Fidelity Bank (now Wells Fargo) and in private practice with the law firm Blank Rome LLP.
“We look for individuals whose experience and values will meaningfully contribute to the evolving interests of Glenmede’s clients, employees and shareholders,” said Gordon Fowler, President and Chief Executive Officer of The Glenmede Trust Company. “We are very pleased to have someone of Arlene’s distinction, likeminded ideals and vested fiduciary acumen.”
Ms. Yocum serves as a director on the boards of AK Steel Holding Corporation and the Community College of Philadelphia Foundation. She previously held board positions with Key Energy Services, Protection One Alarm Monitoring and Integrated Alarm Services Group. Ms. Yocum received a bachelor’s degree from Dickinson College and a J.D. from Villanova School of Law.
“Glenmede’s unwavering commitment to excellence, community and stewardship stand out. I look forward to joining this exceptional organization and helping to fortify Glenmede’s future,” said Ms. Yocum.
The Glenmede Trust Company, N.A. (“Glenmede”) is among the nation’s leading investment and wealth management firms with $40 billion of assets under management for high-net-worth individuals, families, family offices, endowments, foundations and institutional clients. Headquartered in Philadelphia, the firm has offices in Ohio, Delaware, New Jersey, New York City, Palm Beach and Washington DC. For further information, please visit www.glenmede.com.