After four decades of dedicated service to City National Bank, Martha Henderson, the vice chairman of entertainment banking, is bidding farewell to her esteemed career. Known for her unwavering commitment to the financial needs of Hollywood insiders, Henderson has played a pivotal role in City National’s expansion across various media sectors, including film, TV, music, and theater.
A Legacy of Leadership and Recognition
Henderson’s impact on City National Bank has been nothing short of remarkable. Under her guidance, City National opened offices in Atlanta, Nashville, and Miami, solidifying its presence in key entertainment hubs. Her expertise and influence have earned her accolades from renowned publications such as Variety and Billboard, placing her among the most influential figures in entertainment banking. In fact, Barron’s even proclaimed her as “the most powerful banker in Hollywood” in 2017.
A Testament to Colleague Development and Client Focus
City National CEO, Howard Hammond, emphasizes that Henderson leaves behind a lasting legacy at the bank. He commends her commitment to the growth and development of her colleagues and her unwavering focus on client satisfaction. Hammond believes that the next generation of City National leaders, shaped by Henderson’s guidance, will continue to drive the business and industry forward.
From Wells Fargo to City National
Henderson’s journey in the entertainment banking industry began in 1983 when she joined City National, which is now a subsidiary of Royal Bank of Canada. Prior to that, she launched her career in entertainment at Wells Fargo. At the time of her arrival, City National had only a handful of bankers catering to the unique needs of the entertainment industry. In recent years, Henderson’s focus has shifted towards facilitating a seamless leadership transition, resulting in the appointment of Kelly Coffey as CEO of City National Entertainment last year. JaHan Wang, the executive VP of entertainment banking, also worked closely with Henderson before being promoted to his current position.
The Changing Landscape of Entertainment Finance
Reflecting on her accomplished career, Henderson acknowledges the evolving landscape of the industry. In an interview with Variety, she highlights the increased complexity of the entertainment industry’s financial demands. In the past, she would engage in discussions with studios about their film budgets, and City National would provide funding for various projects. Today, artists, producers, and studios have heightened expectations, and financial institutions like banks are required to deliver more intricate financial products within tight timelines.
A Commendation from the CEO
Kelly Coffey, CEO of City National Entertainment, praises Henderson for personifying the bank’s dedication to the entertainment industry and creative community. Coffey acknowledges the profound impact that Henderson’s leadership has had throughout the organization. Her decades of service and expertise have left an indelible mark on City National Bank.
Beyond Banking: A Commitment to the Community
In addition to her remarkable achievements in the banking world, Henderson has been actively involved in philanthropic endeavors. She serves on the boards of Friends of the Saban Community Clinic and the Geffen Playhouse. Henderson has also shown unwavering support for Project Angel Food and Big Brothers Big Sisters of Greater Los Angeles over the years.
Martha Henderson’s retirement marks the end of an era in Hollywood’s financial realm. Her dedication, expertise, and relentless commitment to the entertainment industry have propelled City National Bank to new heights. As we bid farewell to a trailblazer, we anticipate the continued success and growth of City National with her legacy as a guiding light.
To read more about Martha Henderson’s retirement, visit F5 Magazine.
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