Sallie Krawcheck: Wall Street Invests in Women’s Leadership
Chair of Ellevate Network; Chair, Pax Ellevate Global Women’s Fund
Linked In: https://www.linkedin.com/in/salliekrawcheck
Sallie Krawcheck is the owner and president of Ellevate, on the board at Care.com and Gold Bullion International, and Motif Investing. She is the former President of the Global Wealth & Investment division of Bank of America and former CEO at Citi Wealth Management, Smith Barney, and Sanford C. Bernstein & Co
Innovating in Field of Work:
Krawcheck is addressing the decreasing diversity in financial services with the purchase of Ellevate (formerly known as 85 Broads), a global professional women’s networking organization that works towards economic empowerment of women, and recently launched an index fund focused on women – Pax Ellevate Global Women’s Fund.
• In 2002, Time’s 2002 list of “Global Influentials” and Fortune’s Most Influential Person Under the Age of 40. Forbes named her as number seven in its list of The World’s 100 Most Powerful Women of 2005, and in 2008, she was named to Investment Advisor magazine’s IA 25, the list of the 25 most influential people in and around the investment advisory business.
• She was recently named one of 2014’s Most Creative People in business by Fast Company.
When she was in her mid-20s, Krawcheck realized she was the most executive woman in the company and found it difficult to navigate with the lack of female role models. She now dedicates her time empowering women, promoting women’s leadership, and connecting women to inspire one another.
Reinvention / Risk / Momentum:
After years spent as a leader of companies such as Smith Barney, Merrill Lynch and US Trust, Krawcheck took a step back from her Wall Street career and renewed her focus by purchasing Ellevate and working to promote women’s leadership and empowerment in business.
“I believe we’re at a tipping point of women’s engagement in the economy. Our community’s ability to play an important role in that is exciting, as we move from advocacy of women to the smart business of real investment in women.”