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Biography

Audit and Compliance Committee, Human Capital and Governance Committee

Wendy A. Watson

Wendy has over forty years of experience in the financial services industry, retiring in 2009 from State Street as Executive Vice President, Global Services, in which role she led the company’s initiative to advance all aspects of cost leadership worldwide, reducing annual operating expenses by $800 million. She defined State Street’s shared services and location strategies and established large operations in India, China and Poland. She also designed State Street’s global middle-office outsourcing business and grew it to two trillion dollars in assets serviced, making it the largest such provider in the world.

Wendy is currently a Director of Citizen’s Financial Group and MD Private Trust. Her years of board service also include Chair of the Board of two of State Street Bank’s multinational entities - State Street Syntel Private Ltd (India) and State Street Syntel Services Ltd (Mauritius).

Wendy is a Director of the Community Service Committee, Children’s Hospital, Boston and EMPath – Economical Mobility Pathways. She is a National Association of Corporate Directors Board Leadership Fellow holds an advanced director certification from the American College of Corporate Directors. She is also a member of the Boston Club, Women Corporate Directors, Board Leaders and Women’s Bond Club of New York.

Wendy has been a member of the Foresters Board since 2013; she currently serves on the Board’s Audit and Compliance (Chair) and Human Capital and Governance Committees.

412581 CAN/US/UK (10/22)