Mary Cerulli is the founder of Climate Finance Action formed May 6, 2020 after 18 months of climate finance work in conjunction with an investor-led (former New York City Comptroller Scott Stringer) campaign to decarbonize the 20 largest electric generating utilities in North America and efforts to press JPMorgan to replace lead independent director Lee Raymond, the former CEO of Exxon.
Prior to entering the nonprofit sector, Mary worked as an analyst and consultant for over twenty years in the financial services industry. She began her career at a subsidiary of New York Life to create tax-advantaged packaged products in oil and gas and real estate and later helped to found Cerulli Associates, Inc. where she concentrated on retail distribution dynamics, packaged products, and the retirement markets. She authored Cerulli reports on the wealth management industry, high-net-worth market, and the annuity industry. She worked on client projects on emerging manager expansion strategies and independent registered investment advisors (RIAs).
Mary now uses her experience in the financial sector to research and decode financial information and empower advocates to wage smart effective campaigns to push the financial sector to address the climate crisis. She serves on the Massachusetts Pension Reserves Investment Management Board’s ESG Committee.
Mary has an MBA from Boston University and a BA in Geology from Skidmore College. She completed the University of California Berkeley Law/Ceres course on ESG: Navigating the Board’s Role.