Shirley R. Stancato is president and chief executive officer of New Detroit, southeastern Michigan’s leadership coalition devoted solely to race relations, serving as an essential forum for discussion and advocacy for racial equity. Under Stancato’s leadership, New Detroit has developed and launched a series of initiatives to further its mission to improving race relations and fostering economic and social equity in Detroit. They include:
- Conducts ongoing programs to address race related issues within organizations.
- Conducts programs that work to increase the financial capacity of neighborhood minority businesses to improve their success and sustainability.
- Supports a financial literacy curriculum in local schools, and provides youth with initiatives that prepare them to become ambassadors for improving race relations in their schools, communities, and families.
- Conducts ongoing research about urban education, and publishing reports with recommendations to improve academic achievement.
- Planning and implementing intensive five-day summer business camps on the campuses of Wayne State University and Michigan State University that teach Detroit area minority high school students leadership skills and the basics of business and entrepreneurship.
Prior to joining New Detroit, Stancato enjoyed a long career at what is now, Chase Bank, where she became senior vice president. A lifelong Detroiter, Stancato earned bachelor’s and master’s degrees from Wayne State University.
Stancato is a board member of the Coleman A. Young Foundation, Excellent Schools Detroit, Fifth Third Bank – Eastern Michigan, DTE Energy Community Advisory Council, Wayne State University President’s Community Advisory Group, University of Michigan-Dearborn Citizens Advisory Committee, and the Detroit Zoological Commission. In 2011, Governor Rick Snyder appointed Stancato to the eleven member Statewide Educational Achievement Authority Board.
Stancato has received awards and recognition including a 2003 Woman of Achievement by the Anti-Defamation League, a 2003 Regional Power Broker by Crain’s Detroit Business, and appeared in Who’s Who In Black Detroit – the Inaugural Edition, 2006. In 2007, she received a Distinguished Leadership Award from the Michigan Business and Professional Association, and the Idealist in Action Award from City Year Detroit. In 2008, the Detroit News named Stancato a Michiganian of the Year. In 2009, Stancato was named a Woman of Excellence by the Michigan Chronicle and received an Excellence in Leadership award from 100 Black Men of Greater Detroit, Inc. In 2014, Stancato received the Greater Good Award from the National Association of Women Business Owners (NAWBO – Greater Detroit).
For more information on Shirley’s work with New Detroit please visit: www.newdetroit.org