Eileen Shanley Kraus ‘60, retired chairwoman of Fleet Bank, Connecticut, had reached a milestone in the history of American women in financial services when, in 1992, she was made president of Connecticut National Bank—Connecticut’s largest bank.
She had previously been vice president of human resources planning and development at Hartford National Bank. In addition to her banking achievements she has been chair of the Governor’s Council on Voluntary Action, founder of the Hartford School Volunteer Program, trustee of the University of Connecticut Foundation, and a panelist on Comment, a weekly public affairs TV program. She has been chair of the Greater Hartford Chamber of Commerce, trustee of Trinity College, and board member of the Yale New Haven Hospital, and she has served on the boards of five publicly held companies. Early in her career she founded her own company, Career Search Resources and served as a trustee of Mount Holyoke.
Since her retirement from banking, Kraus has been vice-chair of the Capitol City Economic Development Authority, vice-president of the Bushnell Center for the Performing Arts, and chair of ConnectiCare Holding Company. She is the recipient of the Woman of Merit award by the Connecticut Valley Girl Scout Council, and in 2002 was inducted into the Connecticut Women’s Hall of Fame. At her fiftieth reunion at Mount Holyoke, she was awarded an Alumnae Achievement Award for “service that exemplifies the values and virtues set forth by the College.”