Thea Pagel is the Managing Director of the Event Marketing department. In this capacity, she is responsible for driving NYSE Euronext's in-...
See January 11, 2013 Veterans Bell at NYSE!
2012 was a year focused on getting Veterans back to work, with much energy devoted to that initiative at the Exchange. Although American business helped drive down the overall veteran unemployment rate to single digits in September, it still hovers around 9 percent. The crisis is more serious, however, for ex-military women, who saw a rise in unemployment to 19.9 percent in September, as compared to 14.7 percent in the previous year and 12.1 percent in August. In light of that, the integration of veteran talent into the human capital strategy has taken center stage at The New York Stock Exchange with our CEO, Duncan Niederauer, Board Member of The Congressional Medal of Honor Foundation, committed to doing all he can to lead from the front in the campaign for hiring U.S. Military Veterans, some of the highest trained talent with the best skill set in the marketplace.
Since 2011, The Exchange has concentrated efforts on career development for experienced vets, partnering with Veterans Across America in November of that year to formalize our first annual Veterans Career Workshop, and following suit in September of this year by positioning it on September 11, to amplify the National Day of Service and Remembrance.
This highly successful program followed only a few months after An Evening with the Fortune 500, at which Duncan Niederauer welcomed Former Chairman of the Joint Chiefs of Staff, Admiral Mike Mullen, USN, for a special interview and lively discussion on the topic of Innovation and Job Creation, specifically as it relates to hiring our military veterans, with JPMorgan Chase (NYSE: JPM) Chairman Jamie Dimon, Times Inc. (NYSE: TWX) CEO Laura Lang, Johnson & Johnson (NYSE: JNJ) CEO Alex Gorsky, and former Continental (NYSE: CAL) Chairman Gordon Bethune.
After digging into the meat of the matter at the Fortune 500 Gala, analyzing practical approaches to turning engagement with veterans into a competitive advantage, the Exchange launched an internship program exclusively for veterans as an addendum to our nationwide jobs-growth initiative that connects small business and entrepreneurship with corporate America, The Big StartUp. The NYSE Euronext Veterans Associate Program provides hands-on, professional assignments to veterans so they may learn about our business. It has as its executive adviser, NYSE Chairman Marsh Carter, a decorated Vietnam Veteran, and it has been highlighted on CNBC’s Hiring Our Heroes special report. From that summer program, three veterans were given full-time positions in our company, two continued as interns with departments in which they worked during the program – one of those interns has accepted a position with AIG, and another was recently hired by Goldman Sachs.
Building on momentum of these programs, the Exchange hosted a Military Veteran Forum for Human Resources and Veterans Program Executives for a strong turnout only a few days after Sandy inundated Lower Manhattan and shuttered our doors for two days.
The agenda, aimed at effectively recruiting, retaining, and engaging military talent, was a call to action. For those who were not able to attend the program in person, I urge you to access the video archive via our Veterans page on the corporate website (http://www.nyx.com/careers/veterans/veteran-talent) to learn more about “Connecting with Military Talent – a Win-Win Proposition,” “Building an Effective Veterans Program,” and “What to Consider When You Hire a Vet.”
Now, with the groundwork laid, and I with marching orders to fill a Board Event Manager post, I was more than eager to engage my first U.S. Military Veteran. Without question, I was duly impressed to find Cavalry Captain, United States Army, Raeanne Pae, Transitioning US Army Officer, who is a former Headquarters Troop Commander, recipient of two Bronze Star Medals (for service in both Iraq and Afghanistan), and top rated commander with experience and passion for running philanthropic events. Raeanne joined the NYSE Euronext Event Marketing team Monday, December 10, 2012. In her new role at the Exchange, Raeanne brings great strength and leadership to a strong team. In turn, our team will support Raeanne as she becomes acquainted with the unparalleled strength of the NYSE Euronext Brand and a great list of companies associated with it. We warmly welcome her to the fold, and generously offer our time and knowledge as she acclimates herself to a new environment in which she may thrive and contribute in a meaningful way to the productivity and success of the company. I encourage all who see the same opportunities for engagement to follow our lead and redefine the rules in a brave new world. Now is the time!