Cathie Wood is the CEO of ARK Invest, an investment manager with approximately $2 billion in assets under management.
Cathie Wood is one of the most successful investors in the world, with a net worth that reaches over 1 billion dollars. She is also an award-winning author.
Who is Cathie Wood? Biography and Early Life
Cathie Wood is a well-known American businesswoman and CBS contributor who has been in the industry for over three decades. Born and raised in the US, she later obtained her MBA from MIT Sloan School of Management.
Wood’s career started at Morgan Stanley where she was an analyst. She then joined Oppenheimer & Co before becoming CEO of Smith Barney/Citigroup Global Wealth Management. She was with Citigroup for almost ten years until she left to become president of ARK Investment Management Company.
Cathie Wood has many successes to her name, with some recent ones being the role of chairman of Sycamore Networks Inc., a position she held until their acquisition by Qualcomm Incorporated in 2018, and being named one of the world’s most powerful women CEOs.
Cathie Wood’s Career Highlights
Cathie Wood is the co-founder and CEO of ARK Investment Management. Wood has 25 years of experience in the finance industry, with her most notable accomplishments being the co-founding of ARK Investment Management, which she continues to serve as CEO, and the creation of the first “eco” mutual fund.
Wood graduated from Princeton University with a degree in public policy before attending Harvard Business School. She also attended Yale University where she graduated with honors.
Wood was born and raised in New England, but currently resides in California.
Cathie Wood’s Accomplishments and Awards
Cathie Wood has been a leading proponent of the growth in AI, robotics and automation technologies.
Cathie Wood is a leading proponent of the growth in AI, robotics and automation technologies. She is the Founder, President and CEO of ARK Invest, a global ETF sponsor that manages more than $3 billion in assets.
Cathie has been recognized as one of the most influential women on Wall Street by Fortune magazine for three consecutive years. In 2017, Cathie was named to Time magazine’s list of the 25 Most Influential People in Artificial Intelligence.
Cathie holds two degrees from Stanford University: an AB degree with distinction in Economics (1981) and an MBA degree (1985).
Cathie Wood Collaborations with Others
Wood has been a part of many collaborations with other companies and organizers. In 2012, she collaborated with the World Economic Forum to provide insight on the world’s economic growth. In 2013, she collaborated with the Women’s Financial Network to provide insight on how to help women become financially literate.
In 2014, Wood collaborated with the U.S. Department of State and IBM Watson to create a program called “Achievements in STEM”. The collaboration was an effort to teach computer science skills in schools across America.
In 2016, she helped lead a program that got over 100 business-school professors from different countries collaborating together for teaching purposes.
Wood is also involved with many different boards and committees for organizations such as Women’s Leadership Institute at the University of Virginia Darden School.
Who are the Great Inspirations Behind Cathie Wood’s Success?
To give readers a better understanding of who Cathie Wood is and why she has been such an inspiration to many, we should discuss her life experience and major contributions.
Cathie Wood was born in 1948. When she was 16 years old, her father died in a car accident, which left her mother with five children. Cathie found it difficult to adjust to the sudden change in the family dynamics and had to take over the mantle of supporting her family at a young age.
Wood’s entrepreneurial spirit and determination helped her realize success in the 1980s when she created an investment fund called CEW Asset Management Company so that she could invest clients’ money in stocks and bonds for them.
Cathie Wood, one of the most successful women investors in America, has been able to do this by accurately predict what stocks will be profitable and which ones will be not.
Interesting Facts About Cathie Wood
Cathie Wood is the CEO and Founder of ARK Invest, LLC. She has an undergraduate degree in Economics from Wellesley College. She was the former president of Smith Barney’s Institutional Retirement and Trust Division.
Forbes listed her as one of the top 100 most powerful women in 2013.
Wood is also a Board Member for Nike, Inc., The Container Store, Inc., and The National Association for Female Executives (NAFE).
What Can You Learn from Cathie Wood’s Success
Cathie Wood founded a company that she named “ARIC.” ARIC stands for American Research Investment Company. It is a company that invests in the stock market. In 1976, when Cathie founded the company, she was only 24 years old. She didn’t have a degree or any formal training in finance or economics.
For her to be able to succeed, Cathie Wood had to rely on her intelligence and innovation skills to make decisions. Her success came from her ability to be one of the first people who recognized how important it was for people who had less money than they need to invest their savings in the stock market because it had higher potential returns than traditional lending institutions like banks or credit unions at the time.