(Bloomberg) — Carla Harris, one of the few Black women to rise to the top echelons of Wall Street, is stepping down as Morgan Stanley’s vice chairman of wealth management.
She will be a senior client adviser to the firm, according to an internal memo sent Tuesday.
Harris, who had been chair of the Morgan Stanley Foundation from 2005 to 2014, joined in 1987 after getting a bachelor’s degree and her MBA from Harvard University. Then, as now, Wall Street was mostly run by White men.
“It didn’t intimidate me,” she told Bloomberg News last year. “That’s what you saw at Morgan Stanley, Goldman Sachs, you pick it. So you know that if you wanted to play on this playing field, you were going to have to be comfortable in some cases being the only and being the first. That was not intimidating to me at all. That was just the way it was.”
More stories like this are available on bloomberg.com
©2021 Bloomberg L.P.
