Sallie L. Krawcheck
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| Sallie L. Krawcheck | |
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| Occupation | Head of Global Wealth Management |
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| Employer | Bank of America |
| Location | Charlotte, North Carolina |
Sallie L. Krawcheck served as an executive on Wall Street for many years. In September of 2011, she was dismissed from her position with Bank of America Corp. after the lender said it hoped to trim expenses by eliminating at least 30,000 jobs. She was given a $6 million severance after her ouster.[1] She had joined Bank of America as the head of global wealth management in early August of 2009.
In October of 2011, Krawcheck stepped down from her position as governor of the Financial Industry Regulatory Authority (FINRA).
She was named #64 on Forbes' "The 100 Most Powerful Women" list in 2008 [2] and was known as Wall Street's "Mrs. Clean" because of her honesty in the face of research corruption.[3] She even landed on the cover of Fortune Magazine under the headline "In Search of the Last Honest Analyst."[4]
In 2003, she gave the R.W. Freeman Distinguished Lecture at Tulane University's A.B. Freeman School of Business. She said in her speech that values count and told students that they should create a sense of core personal values and adhere to them early in their career.[5]
Background
Krawcheck was chairman and chief executive officer of Sanford C. Bernstein & Co., LLC and an executive vice president of Bernstein's parent company, Alliance Capital Management, L.P. from 2001.[6]
She joined Citigroup in 2002, serving as chairman and chief executive officer of Smith Barney until November of 2004. She was the chairman and CEO of Citigroup's Global Wealth Management division, named to the position as of March 12, 2007. She had oversight of Citi's 46,000 employees in the division.[7]
On Sept. 22, 2008, Citigroup announced that Krawcheck had decided to leave the company to pursue other opportunities. The following year, she joined Bank of America.
Education
She attended the University of North Carolina at Chapel Hill on the Morehead Scholarship and graduated in 1987 with academic honors and a Bachelor of Arts. In 1992, she received a Master of Business Administration from Columbia University.[8]
References
- ↑ BofA Hands Sallie Krawcheck $6 Million Severance After Ouster. Bloomberg Businessweek.
- ↑ Sallie Krawcheck. Forbes.
- ↑ Street star: Citigroup's CFO, Sallie Krawcheck. CNNMoney.
- ↑ In Search Of The Last Honest Analyst. CNNMoney.
- ↑ Last Honest Analyst Tells Tulane Students Integrity Still Counts. Find Articles.
- ↑ Sallie L. Krawcheck. Forbes.
- ↑ Geek Rises To The Top. Crain's.
- ↑ Sallie Krawcheck. WSJ.com.
