AMEX’S MELINDA WOLFE: EMBRACING RISK
BY ERIC L. HINTON | © 2008 DIVERSITYINC
In 1995, after years establishing a name in the invest-ment-banking industry, Melinda Wolfe took a risk.
Wolfe was already highly regarded at Merrill Lynch,
where as a managing director she managed municipal utility and project finance transactions. But she
wanted to break out of her box.
“I was an investment banker, and I had a good
career on Wall Street, but I thought I could make a
change and look at a broader platform,” Wolfe says. “I
thought the diversity area would be a good one to do,
but I didn’t intend to have a career in diversity.”
Wolfe was soon selected to head the office of diversity strategy and programs. What was intended as a
“springboard” instead became her life’s calling.
“When I did this, it was a risk. I left what was known
and decided to do something else. I was working in a
whole different league with a whole different number
of leaders, and that could have worked or could have
backfired,” she says. But just the opposite occurred.
Today, as senior vice president, executive talent, and
chief diversity officer at American Express, Wolfe is responsible for leading executive talent
acquisition, development and
integration with American Express’ diversity strategy. Before
joining American Express, she
headed the global leadership
and diversity office at Gold- MELINDA WOLFE
man Sachs, and before that, American Express
Top 50 Rank: 23
she directed the office of global
recruiting and training at Credit
Suisse First Boston.
“It’s always a challenge to come into a new culture
and understand how it works, what are the values
and basic operating norms … what are the covert and
unspoken norms,” she says. “Also, it’s a very big global
company, so really understanding ... how to approach
my mandate from a very business-focused arena has
been a big challenge for me.”
DAN LIBERTINO: A LIFETIME OF KNOWLEDGE SHARED
BY ERIC L. HINTON | © 2008 DIVERSITYINC
DAN LIBERTINO
Sikorsky Aircraft
Ten years ago, following a
tour of duty as a helicopter
mechanic in the U.S. Air
Force and another 41 years
as a technical representative
with Sikorsky Aircraft, no
one would have blamed then
67-year-old Dan Libertino for
slowing down.
But Libertino wasn’t quite
ready. “Retirement for me was
a very, very difficult challenge,” says Libertino.
Fortunately for everyone, Libertino worked for an
employer that recognized the value in knowledge he
had accumulated over the course of four decades.
Libertino began to volunteer his services with the
company’s archives for several years before officially
becoming president of the Sikorsky Historical
Archives in 2003. The nonprofit group acquires,
manages and protects historic documents and
memorabilia associated with Igor I. Sikorsky, the
founder of the Sikorsky helicopter.
The relationship Libertino had with then company
president Jean Buckley allowed him to step into a
role he loves dearly. The current president is Jeffrey
Pino, who is largely responsible for the funding that
expanded the retired-workers program.
Libertino’s love for his job is directly connected to
his passion for the Sikorsky H- 5 and H- 19 helicopters.
Used specifically by the U.S. Air Force, the H- 5 was
introduced in the 1940s and provided helicopters with
a greater useful load, endurance and speed.
Starting out as a technical representative in 1956,
Libertino traveled the globe as the company’s resident
expert, offering technical assistance to customers.
Libertino takes simple pleasures from his job. He
speaks of a letter he received from a young girl in
Ireland who had a school assignment on Igor Sikorsky.
“She proudly said that she got an A, and ‘Thank you,
thank you, thank you,’” he notes.