Marie Chandoha

Educational Background

Marie Chandoha has had an impressive career marked by significant achievements in the financial services industry. Her educational foundation was laid at Harvard University, where she earned a Bachelor of Arts degree in Economics from 1979 to 1983. She later enhanced her expertise by obtaining a Corporate Director Certificate from Harvard Business School Executive Education in 2020. This certification is specifically tailored for corporate board directors, covering areas such as effective board leadership, financial oversight, and executive compensation.

Early Career

Marie’s career began at the Federal Reserve Bank of New York as an Economist from 1983 to 1985. She then moved to Morgan Stanley, where she worked as a Mortgage Securities Research Analyst until 1987. Her trajectory continued upward at Credit Suisse, where she served as the Managing Director and Global Head of Fixed Income and Economics Research for a decade. Following this, she joined Goldman Sachs as a Senior Fixed Income Strategist, advising institutional investors until 1999.

Career in the New Millennium

In the new millennium, Marie's career became even more distinguished. She became the Co-Head and Senior Portfolio Manager at Wells Fargo Asset Management, leading the business to grow its assets under management significantly. This role was a precursor to her position at BlackRock as the Managing Director and Global Head of Fixed Income Business, managing investments worth $440 billion.

Leadership at Charles Schwab Investment Management

Her most notable leadership role was as President and CEO at Charles Schwab Investment Management from 2010 to 2019. During her tenure, she more than doubled the assets under management to $400 billion, transforming the company's focus on mutual funds and ETFs.

Board Memberships and Advisory Roles

In addition to her executive roles, Marie has also made significant contributions as a board director.

• She currently serves on the Board of Directors for State Street Corporation, where she chairs the Risk Committee, and Macy's, where she leads the Audit Committee.
• In 2024, she will begin her term as a board director at Dynex Capital, Inc., chairing the Nominating and Governance Committee.
• Moreover, she provides advisory services to Zoe Financial, a fintech company.

Recognition and Philanthropy

Marie’s achievements have not gone unnoticed; she was recognized as one of the 20 Most Powerful Women in Finance by American Banker from 2014 to 2018. She is also passionate about environmental sustainability, serving as a trustee for the Nature Conservancy of California and chairing its Finance Strategy and Planning Committee.

Conclusion

Marie Chandoha’s career path reflects a blend of strong educational credentials, remarkable leadership roles in top financial institutions, and a commitment to sustainability and board governance. Her contributions have significantly impacted each organization she has been part of, making her a standout figure in the financial services industry.