President and CEO, Charles Schwab Investment Management Inc.
"What I'm most proud of," said Marie Chandoha, president and CEO, Charles Schwab Investment Management Inc., "is that I built out a lot of teams. Seeing the people in my organizations advance and become leaders sends shivers up my spine."
She has been in financial services for more than 30 years with a number of firms, starting out on a Wall Street trading floor and moving up the ranks to run the bond research department at Credit Suisse for 10 years.
In 1997, she changed the direction of her career to work in portfolio management, an area she had always loved. Her new positions allowed her to create products and get closer to clients.
Understanding the hurdles female employees face, Ms. Chandoha has sponsored training sessions on topics such as unconscious bias in the workplace and negotiation and communication skills for women.
In her five years leading Charles Schwab Investment Management, she has taken big initiatives such as recruiting top talent, reorganizing the governance structure, implementing independent oversight teams and improving technology infrastructure. During her tenure, core products have grown to more than $109 billion from $42 billion in assets under management.
How has she accomplished so much?
"I've always loved a challenge," Ms. Chandoha said. "It comes down to courage. You have to have a clear idea of where you want to take it."
She continued, "It's important to have a clear mission and to have to have faith in your vision. If you can rally people around that vision, they can become ambassadors to it. I love the people aspect of it."
— Deborah Nason