Martha Hendersonthe banking star who had an important role in City National Bank funded the entertainment industry for four decades, and whose expertise has seen her repeatedly honored of Billboard “Women in Music” and other power lists, is to be retired.
Currently serving as vice president of entertainment at City National Bank, Henderson will step down on February 2, 2024, ending her 40-year tenure with the organization.
Los Angeles-based Henderson joined City National in 1983 from Wells Fargo, where she began her career in its private banking unit serving the entertainment industry.
With Henderson at the helm, City National's group serving the entertainment industry now provides financial expertise to more than 90% of entertainment business managers, according to a bank statement, plus more than 50% of all Broadway shows and over 80% of the country music industry in Nashville.
It also created a team to serve the needs of Latino entertainers, expanded operations to New York, Miami, Atlanta and Music Row in Nashville and more.
“Martha is an institution at City National and I am grateful for her outstanding service,” he comments Kelly Coffey, CEO of City National Entertainment. “Her decades of leadership and the profound impact she has had are felt throughout the organization.”
As he prepared for retirement in recent years, he explains Howard HammondCEO, City National Bank, Henderson has “invested herself in ensuring that our ongoing banking entertainment leadership team is well prepared to support our customers,” singling out her experienced teammate JaHan Wangexecutive vice president of banking entertainment.
Henderson's financial wizardry did not go unnoticed outside the bank. Advertising sign named her to the “Power” list in 2023 and 2022 and recognized her in the “Women in Music” list of the most powerful women in the music industry for 2014, 2015, 2016 and 2018.
Separately, Variety named Henderson to the “Women of Impact Show” as one of the most influential women in Hollywood, doing so in 2016, 2019 and 2020, while Barron's named her the most powerful banker in Hollywood in 2017.
“Among the career highlights I'm most proud of is the opportunity I've had to grow and develop the next generation of leadership at the bank to continue our focus on customer service,” comments Henderson before his departure. “I am confident that City National's unwavering commitment to the industry will only grow.”
from our partners at https://www.billboard.com/business/business-news/martha-henderson-entertainment-banker-retire-1235578321/