Northwestern IBD taps women for key roles following executive shakeup
September 4, 2019 by Tobias Salinger
Northwestern Mutual aims to make good on its CEO’s pledge that the firm “will not waver” in its efforts to advance women in the executive ranks. After five women left their executive positions earlier this year, the insurer promoted two others to top roles at its broker-dealer.
The firm stands out as one of only six large IBDs led by a woman — but former Chief Innovation Officer and LearnVest founder Alexa von Tobel stepped down in January to launch a venture capital fund. Four other women in executive posts said they would leave in May.