By ERIC ROSENBERG
You've likely heard of financial and business titans like Jeff Bezos, Elon Musk, Jamie Dimon, Warren Buffett, and Carl Icahn. While these leaders are shaping today's financial industry, others are poised to play a pivotal role in future trends. Learn more about the most important leaders and influencers, include these top financial leaders of tomorrow.
KEY TAKEAWAYS
- Many of the new generation of business leaders shaping the future of the financial industry are in Silicon Valley and Wall Street.
- Anthony Noto, Brian Armstrong, Carrie Schwab-Pomerantz, Cathie Wood, Chamath Palihapitiya, Jack Dorsey, Mellody Hobson, and Suzanne Shank are among the financial leaders of tomorrow.
- Watching key leaders and influencers can help you understand where financial trends may be headed.
Anthony Noto
Anthony Noto is CEO of SoFi Technologies, Inc. ($SoFi Technologies Inc.(SOFI)$ ), an up-and-coming digital financial platform offering banking, investment, and lending services. Before SoFi, Noto worked as a managing director at Goldman Sachs, CFO of the National Football League (NFL), and aschief operating officer (COO)of Twitter, Inc. (TWTR).1
The influential business leader oversaw the recentinitial public offering (IPO)of SoFi and its transition to a national bank.23As the top executive at an innovative financial company, Noto is a CEO to watch.
Brian Armstrong
Brian Armstrong is the founder and CEO of Coinbase Global, Inc. ($Coinbase Global, Inc.(COIN)$ ), one of the largest and most recognizable brands in the boomingcryptocurrencyindustry. In the decade since the founding of the cryptocurrency trading platform, Coinbase has been at the forefront of a wave of growth in popularity. Armstrong and Coinbase are significant influencers in the digital currency industry.
While there are many well-known leaders in cryptocurrency, Armstrong's position as the leader of a majorpublic companybased in the United States gives him unique influence over the future of cryptocurrency regulation and technology.
Carrie Schwab-Pomerantz
Carrie Schwab-Pomerantz gets part of her financial street cred from sharing a last name with her father, the namesake founder of financial firm The Charles Schwab Corporation ($Charles Schwab(SCHW)$ ). But she has forged her own reputable career in the industry. Schwab-Pomerantz is the board chair and president of the Charles Schwab Foundation and works as a managing director and board chair for Schwab Charitable.5
Schwab-Pomerantz holds aCertified Financial Planner (CFP)designation and is a regular writer and speaker on financial topics.5She is someone who is likely to continue influencing the investment industry for years to come.
Cathie Wood
Catherine Wood, better known as Cathie, is the founder and CEO of ARK Investment Management, which she has run for more than eight years.6In her time at ARK, Wood has built a reputation as a cunning investor focusing on technology, innovation, and disruptive businesses. That includes cryptocurrencies, space exploration, genomic research, and other risky but potentially lucrative areas.
Wood has become a regular media interviewee and is an influential speaker, including for the World Economic Forum and other prestigious audiences.7
Chamath Palihapitiya
Special Purpose Acquisition Company (SPACs)made big investment news over the past few years, and one of the biggest names associated with SPAC stocks is Chamath Palihapitiya. The founder and CEO of Social Capital is partially responsible for a spate of high-profile initial public offerings (IPOs) through mergers with an existing public company.8
Past SPAC mergers led by Palihapitiya include Virgin Galactic Holdings, Inc. (SPCE), Opendoor Technologies, Inc. (OPEN), Clover Health Investments, Corp. (CLOV), Metromile, Inc. (MILE), and SoFi.910While the SPAC trend may be less prevalent than it was during the financial market mania during the COVID-19 pandemic, Palihapitiya's position as a SPAC and IPO leader makes him a leader to watch in the financial space.
Jack Dorsey
Jack Dorsey is aserial entrepreneurknown for founding Twitter and Block, Inc. (SQ), formerly Square. While he left his post at the top of Twitter in late 2021, his role as the CEO of payment company Block continues to provide him with an important position in the financial industry.11
Dorsey manages a financial company known for its flagship Square credit card readers. Square offers a range of banking, ecommerce, and other financial solutions for businesses.12Dorsey is also an outspoken fan of cryptocurrencies, with his opinions often making headlines.
Mellody Hobson
Mellody Hobson is the board chair, president, and co-CEO at Ariel Investments, a large financial firm that she helped shape over roughly two decades. As an influential businesswoman, she serves as chair of the board at Starbucks Corp. (SBUX) and is adirectorat JPMorgan Chase & Co. (JPM). She has past board experience with DreamWorks Animation and The Estee Lauder Companies, Inc. (EL).13
Hobson is one of the most influential women of color in the financial industry. Ariel Investments operates several successful investment funds, giving Hobson unique insights into a wide range of companies. She is also a well-respected speaker and board member with ties to a list of noteworthy nonprofits.
The Bottom Line
From Silicon Valley to Wall Street and beyond, financial leaders and entrepreneurs play an important ongoing role in the development of new services, technologies, and trends. Keep an eye on these executives and leaders to help shape your expectations for future trends in the financial industry.
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