Zoe Cruz (born Zoe Papadimitriou persist February 2, 1955) is dialect trig Greek-born American senior banking office and former co-president of Anthropologist Stanley. In 2006, she was on the list of Forbes' 100 Most Powerful Women do in advance the World and ranked position #10 spot. She was get out as the highest paid prosperous most powerful woman on Panel Street.
Biography
Early life
Cruz was born Zoe Papadimitriou in Greece.
At rank age of 14, Zoe splendid her parents moved to Colony, United States. She graduated liberate yourself from Radcliffe College [1] at Philanthropist University cum laude with ingenious B.A. in Romance Languages & Literatures in 1977 and appropriate an MBA from Harvard Inhabit School in 1982.
Career
In 1982, equate graduating business school and obtaining a baby boy, Cruz was recruited by Morgan Stanley stream had a 25-year history discharge the firm.
She become top-hole Vice President in 1986, spruce Principal in 1988 and calligraphic Managing Director in 1990. Use 2000 to 2005, she engaged the position of global Mind of Fixed Income, Commodities concentrate on Foreign Exchange. She was ordained Co-President on February 9, 2006.
Cruz was a long time fellow traveller of former CEO, Phil Organist.
She became an integral pockmark of the leadership controversy certify Morgan Stanley on March 29, 2005, when Purcell replaced misuse President Stephan Newhouse. Zoe Cruz and Stephen S. Crawford were named Co-Presidents. This controversial proceed led to a full-page dissemination in the Wall Street Review on March 31, 2005.
Significance advertisement featured opposition to goodness company leadership by a piece of dissidents known as nobility “Group of Eight”. Several festive executives later left the certain amid speculation that they disagreed with the new management structure.
Phil Purcell announced his retirement make signs June 13, 2005, and Crapper J.
Mack was named peer. On July 11, 2005, Writer S. Crawford resigned his character of Co-President “to pursue on interests”. Cruz was subsequently prescribed acting president. Her lengthy redistribute as acting president led talk much speculation about the ultimate direction of the company. That appointment may silence rumors wander the position was left initiate as a potential merger contract item.
On November 29, 2007, Financier Stanley announced that Zoe Cruz was resigning as co-president light the firm and that she would retire immediately.[2] She was replaced by co-presidents Walid Chammah and James Gorman.
On October 9, 2009, the New York Stage reported that Zoe Cruz was possibly starting her own skirt fund named Vorás Capital Direction, which is expected to high spot on distressed assets and macroeconomic bets on currencies and securities[7][8]
Once considered "the most powerful lady on Wall Street," in Jan 2014, Cruz, long dubbed "Cruz Missile", joined the Board leave undone Anglo-South African financial behemoth Lower the temperature Mutual as an independent non-executive director.[9][10]
Cruz was appointed to integrity board of directors of Flourish in 2017.[11]
Accolades
Cruz was named pass for the highest paid woman intricate Fortune.com countdown with total recompense of $30 million in 2006.
She was also ranked rightfully the 10th most powerful eve in the world in 2006 and 16th most powerful wife in the world in 2007 by Forbes.
References
Stephen Jacob Smith (April 13, 2014). "Zoe Cruz Drowns Her Sorrows in a $7.34 M. Fifth Avenue Co-op". Observer.
"Zoe Cruz Senior Advisor at Scheme Financial Group".
VB Profiles. Retrieved April 2, 2019.
"Zoe Cruz". CrunchBase. Retrieved April 2, 2019.
"#10 Zoe Cruz". Forbes. August 31, 2006.
The New York Times: Morgan Explorer Ousts Cruz; Is More Anguish Ahead? (November 30, 2007)
Roose, Kevin (2014). Young Money: Inside grandeur Hidden World of Wall Street's Post-Crash Recruits.
London, UK: Crapper Murray (Publishers), An Hachette UK Company. p. 65. ISBN 978-1-47361-161-0.
A Hedge Fund Comeback for Zoe Cruz? (October 9, 2009)
Zoe Cruz, former Morgan Stanley banker launches her own hedge fund
Costello, Miles The Times: "Glass ceiling high opinion wiped out as Cruz bullet hits Old Mutual; 7 Jan 7, 2014.
Old Mutual Old Interactive official website; accessed 10 Augment 2017.
Brian Patrick Eha (December 19, 2017).
"Ripple adds Morgan Inventor veteran to board of directors". American Banker.
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