“I would come in every day, and there'd be a Xerox copy of male genitalia on my desk, which was, for a young lady from Charleston, South Carolina, was a little horrifying.”
quote is from the automated transcript, cleaned for reading:
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More from Sallie Krawcheck
AssertionSupported
Krawcheck: Women hold 30% of white male wealth; Black women hold 1%
“Women have 30 cents of wealth to every dollar a white man has. Black women have a penny.”
Sallie KrawcheckAug 22, 2023▶ 4:25Think like an outsider (with Sallie Krawcheck, Shellye Archambeau, Tope Awotona) | Masters of Scale
Opinion
Krawcheck: Wall Street research and investment banking have irreconcilable conflicts of interest
“Our analysts on Wall Street were doing investment banking and research for two different sets of clients where the conflicts were 1000% clear. If you were giving one good advice, you were giving the other bad advice.”
Sallie KrawcheckMar 12, 2019▶ 16:37Check your blindspot (with Sallie Krawcheck of Ellevest)
AssertionSupported
Citigroup fired Krawcheck for advocating client reimbursement during the financial crisis
“Happily, the reason that I was fired from Citi during the financial crisis, and now a decade plus ago, was because I had advocated for returning client money.”
Sallie KrawcheckMar 12, 2019▶ 18:43Check your blindspot (with Sallie Krawcheck of Ellevest)
Insight
Krawcheck: Escalating a CEO disagreement to the board guarantees getting fired
“If you ever take the CEO onto the board, you will be fired. It's just going to happen. You may win, you may lose. Whatever happens in the battle, you will be fired.”
Sallie KrawcheckMar 12, 2019▶ 19:41Check your blindspot (with Sallie Krawcheck of Ellevest)
Disclosure
Krawcheck: Ellevest freezes hiring if diversity metrics drop below internal benchmarks
“Today, we're two-thirds women at the company. We're 40% people of color. Our engineering team is half women. And any time we move off of those kind of diversity levels, you know, I say, we just stop hiring, and then force everybody to make sure that we continu…”
Sallie KrawcheckMar 12, 2019▶ 33:59Check your blindspot (with Sallie Krawcheck of Ellevest)
Insight
Krawcheck: In crisis, industries retreat from promoting women and minorities
“And it's actually not unusual for industries that go through a period of crisis where you circle the wagons, and what I saw was we'd love to promote this woman or this person of color, but we can't take the risk. So everybody reverts to their comfort and uses …”
Sallie KrawcheckJan 19, 2022▶ 15:42How redefining boundaries drives performance, with former Unilever CEO Paul Polman
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