Jane Fraser will become the first woman to run a major Wall Street bank, succeeding Michael Corbat as Citigroup Inc. chief executive when he retires in February.

All-women and mixed-gender US fund teams outperformed all-male portfolio management teams so far this year, according to a Goldman Sachs analysis.

Jean Hynes has been named the next CEO of Wellington Management, one of the largest independent investment firms in the world with more than $1 trillion in assets under management. She will take over from Brendan Swords when he retires on June 30, 2021.

When Facebook’s Chief Operating Officer, Sheryl Sandberg, sat down to dinner with her two children this week, she endeavored to explain to them the significance of August 13, 2020. That is the exact date this year that Black women will catch up to the wages White men made in 2019.

Across the country, business leaders, managers and workers are trying to have difficult conversations about race and diversity in the workplace.But the truth is, many people are still uncomfortable discussing these issues and many workplace diversity efforts are failing. This comes down to two reasons.

Ambition is what sparks individuals to achieve. It propels them forward because it is what makes them want to change the status quo. Ambition is positive for all business leaders unless you are a woman.

Clorox just named Linda Rendle as its new chief executive, bringing the number of women CEOs on the Fortune 500 list to 38 — a new record that underscores the slow pace of change at the highest levels of business.

On Wednesday, July 29, Leslie Sack, SFA’s Head of Government Relations hosted a WiS webinar and conversation with Congresswoman Madeleine Dean (D, PA-4) on the current state of ongoing Phase 4 legislative relief negotiations and the concerns of individuals and businesses as a result of the COVID-19 pandemic.

Structured Finance Association (“SFA”) is now accepting nominations for its Board of Directors in anticipation of the annual board rotations. Please note that the nomination form is open to current SFA members in good standing only. Members may nominate themselves or another qualified industry participant.