Reaching the Top of the Corporate Ladder A

Reaching the Top of the Corporate Ladder: A Woman’s Perspective on the Climb Frances Spreer Albert EVP, COO and CFO Albany Med

My Vitals • Native of Albany area (Voorheesville) • Daughter of healthcare executive • Graduate of University at Albany • Began career as CPA with international firm KPMG • Joined Albany Med in 2000 2 2

Albany Med • Academic medical center • Our mission: We are committed to improving health by attaining the highest standard of quality in care delivery, education, and research initiatives. • 734 bed hospital • Albany Medical College • 9, 500 employees • System lead entity – Columbia Memorial Hospital – Saratoga Hospital – $2 B network – 13, 500 employees 3 3

From CPA to COO: How Did I Get There? KPMG • CPA; joined firm in 1988 • Advanced to Senior Audit Manager • Albany Med as client Albany Med • • 4 4 Named VP of Finance (2000) Promoted to SVP of Finance (2015) Appointed EVP and CFO (2016) Named EVP and COO / CFO (2019)

What Have I Accomplished? • Capital financing for significant projects, including $360 M patient tower • Financial reporting, treasury systemwide • Group purchasing and savings initiatives across system • Research grant accounting and reporting • Enhanced endowments and investments 5 5

Who inspired my career? • Parents and sisters • High school teachers • College professors • Work mentors • Staff and colleagues • Daughter 6 6

What does it take to climb the corporate ladder? • Define your career goals Determine where you want to go • Work hard Even if it means taking on assignments no one else wants • Build relationships Never miss an opportunity to connect • Challenge yourself Volunteer before being asked, seek creative solutions and possibilities • Keep learning Always ask questions 7 7

Thank you!