McLean Hospital Welcomes Two New Board of Trustees Members

Valerie Mosley, CFA, founder of Upward Wealth and former partner at Wellington Management Company, and Back Bay residents Cathy E. Minehan, former board chair of Massachusetts General Hospital and former president of the Federal Reserve Bank, have joined McLean Hospital’s Board of Trustees.

“We are delighted to have Valerie and Cathy join the McLean board. Both of these eminent leaders have deep commitments to community service and exceptional business acumen. Their guidance, support, and oversight as board members will be enormously valuable to advancing the McLean mission,” said Scott L. Rauch, MD, president and psychiatrist in chief for McLean.

McLean Board Chair Carol Vallone added, “Cathy’s and Valerie’s extensive expertise in business best practices and corporate social responsibility are tremendous assets to our board and will benefit the entire McLean community. We are thrilled to be working with them.”

Mosley highlighted McLean’s strong performance in mental health treatment, education, and research, as well as the hospital’s commitment to pursuing a variety of leading-edge capabilities for broader societal good, in her decision to join the board.

“In addition, I’m passionate about positively impacting our society. McLean does a fantastic job serving many families. I’m particularly excited about and interested in using technology at this moment in history to ensure more persons and families get access to critically important mental health services.”

Mosley founded Upward Wealth, a financial wellness platform that democratizes the creation of personal and financial wealth, in 2020.

She spent 20 years at Wellington Management Company, LLP, and retired as a partner and senior vice president portfolio manager and investment strategist. She serves on several corporate boards, as well as on the board of a social venture capital firm.

Mosley earned her bachelor’s degree from Duke University and an MBA in finance from the Wharton School of Business.

She has been recognized as The International Person of the Year by The UK’s Power List, One of the 50 Most Powerful Women in Business, and one of the Top 75 African Americans on Wall Street by Black Enterprise Magazine.

Minehan is currently a director of Bright Horizons Family Solutions, LLC, and a trustee of The MITRE Corporation and the Brookings Institution.

After more than 10 years as chair of Massachusetts General Hospital, she is an honorary trustee. She is co-chair of the Mass General Brigham Institutional Conflict Committee.

She is also the outside board member of the American Board of Thoracic Surgeons, and serves in leading positions on numerous other boards, as well as the Massachusetts Business Roundtable and the Boston Women’s Workforce Council, which works to end the gender wage gap in Boston.

“With McLean’s expertise in the delivery of evidence-based care, combined with my focus on finance and business growth, I am eager to identify ways in which we can collaborate to create new and innovative opportunities that will support the hospital’s growth and most importantly, the people it serves.”

Minehan retired from the Federal Reserve Bank of Boston in July 2007 after 39 years with the Federal Reserve System, having served as the president and chief executive of the Boston Bank and a member of the Federal Open Market Committee from July 1994 on.

From August 2011 to June 2016, she served as Dean of the School of Management at Simmons College. Minehan is a graduate of the University of Rochester and is a member of the university’s Board of Trustees.

She holds an MBA from New York University and was named a distinguished alumna from New York University in 1995.

She is an elected fellow of the American Academy of Arts and Sciences and was named the Public Company Director of the Year by the National Association of Corporate Directors New England Chapter in 2012; NACD National Top 100 Directors in 2013; and 2015 Shattuck City Champion (Boston).

Minehan is the recipient of many other honors and distinctions.

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