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Sallie L. Krawcheck
Chairman & Chief Executive Officer Citi Global Wealth Management
Sallie Krawcheck is Chairman and Chief Executive Officer for Citi Global Wealth Management. Assuming this role in March 2007, she is responsible for the Citi Private Bank, Citi Smith Barney, and Citi Investment Research, which comprise one of the largest research and wealth management businesses in the world with nearly $1.8 trillion in client assets. Sallie is a member of the company’s Senior Leadership and Executive Committees.
Sallie joined Citi in October 2002 as Chairman and Chief Executive Officer of Smith Barney, where she oversaw the global management of the Smith Barney and Citi Investment Research businesses. Over the next two years, she successfully guided one of the leading private wealth management organizations and restructured Citi Investment Research (at the time, Smith Barney) to operate independently, while strengthening the quality and transparency of its research. In 2004, Sallie was appointed Chief Financial Officer and Head of Strategy for Citigroup Inc. For the next three years, she oversaw financial reporting, treasury, tax, investor relations, mergers and acquisitions and strategic planning for the firm.
Prior to joining Citi, she was Chairman and Chief Executive Officer of Sanford C. Bernstein & Company, where she became one of the most influential voices for research quality and integrity. Sallie was responsible for managing research, brokerage and trading operations, as well as business development and planning. She also served as an Executive Vice President of Bernstein’s parent company, Alliance Capital Management, from 1999 to 2001. Prior to that post, Sallie was Bernstein’s Director of Research, and appreciably grew the firm's profit base by expanding industry-sector coverage. From 1994 to 1999, she was a senior equity research analyst responsible for the coverage of life insurance and securities brokerage companies. For each year Sallie covered the securities brokerage sector, she was ranked the number-one analyst in Institutional Investor magazine's annual poll.
Previously, Sallie worked at Donaldson, Lufkin & Jenrette as an associate in the Corporate Finance department and, prior to that, as a financial analyst at Salomon Brothers.
In 2002, she was recognized as one of Time magazine’s “Global Business Influentials" and, in 2003, Fortune magazine named her the “Most Influential Person Under the Age of 40." For six straight years, from 2002 to 2007, Fortune also recognized Sallie as one of the “Most Powerful Women" in business. Forbes magazine, in 2006, listed her as #6 in the rank of the “World’s 100 Most Powerful Women." Sallie was also the recipient of CNBC's “Business Leader of the Future Award" in 2007.
A native of Charleston, South Carolina, Sallie 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.
An active participant in the affairs of her alma maters, Sallie has endowed her former secondary school, The Porter Gaud School, with the Krawcheck Scholarship, a needs-based scholarship awarding full tuition to students of exceptional aptitude. She is a member of the Board of Directors of The University of North Carolina at Chapel Hill Foundations, Inc., Carnegie Hall, and Dell Inc., the Board of Overseers of Columbia Business School; and the Board of Trustees for The Economic Club of New York; and Securities Industry and Financial Markets Association. She is also a business sponsor of Citi’s Women's Initiative.
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