Sheila Penrose
Past Event

Sheila Penrose

Chairperson, JLL

Ms. Penrose, 67, has been a Director of Jones Lang LaSalle since May 2002 and has been the Chairman of the Board since January 1, 2005. Ms. Penrose served as an Executive Advisor to The Boston Consulting Group from January 2001 to December 2007.

Ms. Penrose is a member of the board of directors of McDonald's Corporation, the world's leading foodservice retailer, and Datacard Group, a supplier of systems for card programs and identity solutions. Ms. Penrose previously served on the board of directors of eFunds Corporation, a provider of integrated information and payment solutions. A frequent speaker on leadership and governance issues, she keynoted the Strategic Management Society's global conference. 

In September 2000, Ms. Penrose retired from Northern Trust Corporation, a bank holding company and a global provider of personal and institutional financial services, after more than 23 years of service. While at Northern Trust, Ms. Penrose served as President of Corporate and Institutional Services and as a member of the Management Committee. Sheila was the first woman named to Northern Trust Corporation's management committee and, from 1994 to 2000, President of Corporate and Institutional Services, a billion dollar business with client assets of $1.5 trillion in more than 80 markets worldwide. Under her leadership, the business was transformed from a product organization to one organized around client segments, and net income grew 17% annually. She represented Northern Trust with the investor community, oversaw several acquisitions and drove the bank's global expansion.

Prior to Northern Trust Corporation, Sheila was an economic advisor to the British Treasury, a member of the negotiating team for the IMF agreement and advisor on budget policy and anti-inflation strategies in the aftermath of the world oil crisis in the 1970's. She began her career as a lecturer in Economics at Central London Polytechnic, United Kingdom.