Wall Street Pioneer Krawcheck Passes Reins of Firm Citing Health
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Sallie Krawcheck, the pioneering Wall Street veteran who co-founded Ellevest, the wealth-management firm with portfolios geared toward women, is stepping down as chief executive officer for health reasons.
“As they say, you can have 1,000 problems in your life until you have a health problem. And then you only have one problem,” Krawcheck, 60, wrote on the firm’s website Tuesday, without elaborating on her diagnosis. “So I need to do this for myself and my family.”