Michael Pennella
About Michael Pennella
Michael Pennella serves as the Vice President of Institutional Sales at The Tie, where he has worked since 2021. He previously held various roles at Bloomberg LP, contributing to significant revenue growth and strategic partnerships in the FinTech sector.
Current Role at The TIE
Michael Pennella serves as the Vice President of Institutional Sales at The TIE, a position he has held since 2021. In this role, he focuses on developing and executing sales strategies tailored to institutional clients. His responsibilities include building relationships with key stakeholders and enhancing the company's market presence in the financial technology sector.
Previous Experience at Bloomberg LP
Prior to his current role, Michael Pennella worked at Bloomberg LP for several years in various capacities. He served as an Enterprise Sales and Account Manager from 2015 to 2018, where he led initiatives to onboard multiple FinTech firms to Bloomberg's App Portal. His efforts contributed to significant revenue growth through strategic partnerships. Additionally, he worked as a Business Development - Partnerships professional from 2018 to 2021, where he developed tailored account strategies that tripled sales volumes for high-impact applications.
Background in Financial Services
Michael Pennella has a diverse background in financial services, having held positions at notable firms. He worked as a Market Services Analyst at TUDOR INVESTMENT CORPORATION for three months in 2011 and as an Associate at Bridgewater Associates from 2012 to 2014. His experience includes navigating complex market landscapes and enhancing upselling activities to strategically displace competitors.
Education in Economics and Finance
Michael Pennella earned a Bachelor's degree in Economics and Finance from Sacred Heart University, where he studied from 2006 to 2010. His educational background provides a strong foundation for his roles in sales and account management within the financial technology sector.
Early Career and Internships
Michael's early career includes an internship at RBC in Wealth Management in 2009, where he gained initial exposure to financial services. He also worked at Bloomberg LP as an Analytics Representative - Equity Specialist for seven months in 2015, playing a key role in integrating startup software and data companies into the Bloomberg Terminal.