Women Rising: Fearless and Focused

This year marked the fifteenth anniversary of HIA-LI’s Women’s Leadership Conference, a tradition that began after a roundtable convened by U.S. Senator Kirsten Gillibrand at Anne Shybunko-Moore’s company, GSE Dynamics. At that first meeting, we talked candidly about pay equity, childcare, work–life blending, and the headwinds women often face.

Senator Gillibrand encouraged us to keep the conversation going — and for fifteen years we have done exactly that, thanks to the leadership of our Women’s Collaborative, chaired by Carol A. Allen, President and CEO of People’s Alliance Federal Credit Union and HIA-LI Board Member, who has helped guide this event’s evolution.

This year, before introducing our keynote, I shared a moment early in my own career. When my boss at Dale Carnegie Training announced his retirement and asked me to step into the managing director role, I immediately began listing the reasons I wasn’t ready. He cut me off. He wanted to talk about why I was ready. I went home, barely slept, and finally allowed myself to imagine what could happen if I said yes. I did — and that decision changed the trajectory of my career.

As I told the audience, we gathered not just to talk about being fearless, but about what it means to do things afraid. Because, truly, “we were built to never stay in the shallow end.”

A Keynote on Authenticity and Possibility

Our keynote speaker, Clare Cusack, President and CEO of the New York Bankers Association, reminded us what becomes possible when leaders show up as their full, honest selves. A lifelong Long Islander and the first woman to hold her position in the association’s 131-year history, Clare spoke about her unconventional path and the power of embracing it.

One of the most moving moments came when she shared the story of a dancer who lost her leg in the Boston Marathon bombing and later trained to run the marathon on a prosthetic limb. On the night before the race, the dancer found a quote that carried her forward:

“No one is cheering louder for me than the woman I used to be. If that girl could see me now, never forget how wildly capable you are.”

Clare added, “Never forget how wildly capable you can be. Cheer for the future woman, too.”

Fear, Focus, and the Courage to Lead

Our panel, moderated by attorney Domenique Camacho Moran, a partner at Farrell Fritz, turned that message into practice. Each leader shared a moment when fear met purpose — and purpose won.

Teresa Ferraro, President and CEO of East/West Industries, reflected on leading a company whose mission is ensuring the safety of military aircrew. She spoke about listening as a core leadership skill, noting, “Two ears and one mouth — make sure you listen. It helps you stay focused and aware.”

Davi Tserpelis, Senior Vice President and Regional Business Banking Manager at City National Bank, described her defining quality in one word: tenacity. She shared how a difficult comment from a colleague once brought her to tears, until she later realized it was actually a recognition of her persistence. Then came a far greater trial: a breast cancer diagnosis shortly after starting a new role. She continued working throughout treatment, telling her children every day she would be okay. “I became — and stayed — very positive,” she said. “Now I get to inspire other women to be strong.”

Skye Ostreicher, founder of In the Room Media, talked about her unexpected shift from chemistry major to studying what she calls “human chemistry” — the reactions between leaders, organizations, and communities. She described losing a job during the pandemic, only to later build a platform that uplifts stories and voices that might otherwise go unheard.

Katherine Fritz, President and CEO of Long Island Cares, grounded the conversation in purpose shaped by experience. Growing up, her family sometimes relied on subsistence skills to stay fed — a perspective that drives her mission today. She also shared the bravest thing she has ever done: after losing her left foot in an accident, she spent years relearning to walk, then traveled alone to Europe to complete more than 200 miles of the Portuguese Coastal Camino.

Dawn Cagliano, President of IVCi, highlighted the responsibility leaders have to grow the people around them. Skills matter, she said, but emotional intelligence is what creates trust and followership. True leadership is measured not by individual achievements, but by how well others thrive because of you.

Throughout the discussion, Domenique emphasized the power of women speaking honestly — about ambition, uncertainty, and the moments that require courage. When women at different stages of their careers gather for open conversation, she said, clarity and confidence begin to rise.

Breakouts: Turning Insight into Action

This year’s conference also featured six breakout sessions designed to turn inspiration into practical strategy:

  • The Success Equation: Multiply Your Potential Exponentially
  • Level Up: Women Leading with Purpose
  • Lead the Transformation — Navigating AI with Confidence
  • Own Your Own Story: 20 Real Lessons for the Real World
  • Built to Connect: The Undeniable Power of Women Who Choose to Collaborate
  • The Triple Decker Sandwich Generation: Not Your Mother’s Estate Plan — Redefining Wealth, Caregiving, and Legacy for Today’s Woman

These conversations bridged leadership development, technology, storytelling, collaboration, and multigenerational caregiving — showing that women’s leadership is not one-dimensional. It is dynamic, evolving, and deeply interconnected.

The Message: Fearless Begins with Honest

If there was one thread binding the keynote, panel, and breakout rooms, it was this: women become fearless and focused not by eliminating fear, but by telling the truth about it — and choosing to move anyway. Leadership becomes possible when authenticity meets community, when lived experience becomes an asset, and when we cheer not only for the women we are, but the women we are still becoming.

The stories shared this year — about resilience, reinvention, caregiving, healing, entrepreneurship, and bold career choices — are proof that Long Island’s future is in capable hands. Our job now is to keep creating the spaces where women rise, support one another, and continue stepping out of the shallow end.

Cusack to be Special Guest at February 8 Fireside Chat

Clare Cusack, President and CEO of the New York Bankers Association, will be featured at HIA-LI’s February 8 “Executive Insight – Fireside Chat” at the Hilton Long Island in Melville.

It’s time for the women of Long Island to fulfill our untapped potential as business leaders – and we have an event coming up on February 8 that will provide insights into how women can get ahead in business.

HIA-LI is committed to the advancement of female executives in Long Island. We launched a Women’s Initiative in 2010 to help us focus our energies on this goal.

The numbers are encouraging. The census bureau had calculated that the number of women-owned businesses nationwide increased 21 percent between 2014 and 2019, while the number of all businesses overall increased by only nine percent.

And it can’t be denied that women in business are a major economic engine. According to a  2019 report from American Express, more than ten million women-owned firms in America were generating $1.9 trillion in sales, while employing 13 million people.

But females often confront hurdles in striking the right work-life balance. We often need to look harder to obtain the right kind of mentoring. And the pandemic further complicated women’s pathways to business success.

OK, so what’s coming up on February 8?

That’s the day we’ll have a chance to hear from one of New York State’s most influential woman business leaders, Clare Cusack.

On Tuesday, February 8 at 3 pm, we’ll be hosting Clare Cusack, President and CEO of the New York Bankers Association (NYBA), as our featured guest at an “Executive Insight – Fireside Chat” event at the Hilton Long Island at 598 Broadhollow Road in Melville.

Ms. Cusack’s presentation will be moderated by Kevin O’Connor, CEO of Dime Community Bank and a member of HIA-LI’s board of directors.

Clare Cusack is the first female to lead the NYBA, the premier trade association for the banking industry in New York.   

Clare Cusack and Kevin O’Connor will discuss one of the most challenging and transformative periods in the banking industry. We expect them to tackle such topics as the interest rate outlook, fintech, the remote workplace, and the economic development impact of the financial services sector.

But in addition to banking topics, we’ll be asking Ms. Cusack about her status as one the Empire State’s most prominent female business executives. Did she face challenges because of her gender? Can she offer advice to up-and-coming businesswomen?

Founded in 1894, the NYBA is the state’s preeminent provider of legislative and regulatory services to a unified banking industry. It also provides educational programs, public relations, political action, and member services geared to enhance the profitability and stature of New York’s banking industry. NYBA members together employ nearly 200,000 New Yorkers, hold $2 trillion in deposits, and extend nearly $70 billion in home and small business loans.

HIA-LI members and non-members may click here to register for the event. Companies wishing to sponsor the event can contact Anthony Forgione at aforgione@hia-li.org or call 631-543-5355.

Come and hear a true business luminary – and one of our state’s most accomplished female executives!