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Ellevest

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business1 year ago

Sallie Krawcheck Resigns as Ellevest CEO Amid Health Concerns

Sallie Krawcheck, a prominent figure in finance and co-founder of Ellevest, is stepping down as CEO of the $2.4 billion investment platform to focus on her health following a recent diagnosis. She announced that Dr. Sylvia Kwan and Connie Hsiung will take over as co-CEOs. Krawcheck, known for her advocacy for women in finance, will remain on the board to provide guidance. Ellevest, founded in 2014, is recognized for its focus on women investors and has been highlighted among Fortune's Most Powerful Women.