Sallie Krawcheck

Sallie Krawcheck puts it bluntly:

“People ask me if The Morehead was a factor in my success. My reply is that it was not a factor, it was the factor.”

Quite a statement considering Krawcheck’s success: one-time head of Citibank's Global Wealth Management Division; one of Fortune Magazine’s 50 most powerful businesswomen; a Time Magazine Global Business Influential.

Krawcheck’s rapid rise to business stardom began with two Morehead summer internships. Intending to become a journalist, she worked with Fortune Magazine and enjoyed it just fine. But the next summer, she took on Baring Brothers in London — and loved it.

“Had I not had this opportunity, I would not have considered a career on Wall Street,” Krawcheck says.

Krawcheck has since become one of Wall Street’s most powerful women. In 2001, she was promoted to lead Sanford C. Bernstein & Company, a stock research firm. She’s garnered a reputation of integrity, earning her a spot on Fortune’s cover with the headline, “The Last Honest Analyst.”

In October 2002, Citigroup wooed Krawcheck to lead its new subsidiary Smith Barney. Krawcheck’s mission: help Citibank rebound from allegations of analysts hyping stocks of companies whose investment banking business they sought.  In time, she made her way to the top spot of its Global Wealth Management Division.

Still, Krawcheck remembers her roots. She serves on the Morehead Foundation’s Central Selection Committee and hosts Moreheads for internships — hoping to spark the same excitement she discovered as a Morehead.

“The Morehead is unique and unequaled. It as simple as that,” Krawcheck says. “It changed my life and gave me the confidence and experience to accomplish more than I ever could have imagined.”