Diane schumacher krieg biography
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Diane schumacher krieg biography
Most Powerful Women in Finance: No. 13, Wells Fargo's Diane Schumaker-Krieg
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Global Head of Research, Economics and Strategy | Wells Fargo Securities
Diane Schumaker-Krieg knows firsthand that fear can lead to innovation — and, for her, the beginning of a career in research.
Thirty years ago, Schumaker-Krieg was working as an associate on the equity syndicate desk at the New York investment firm Dillon Read.
She was a single mother of a 6-year-old son at the time, making the salary of an early-career associate.
After the Black Monday stock market crash in October 1987, Schumaker Krieg lost her job, along with thousands of other Wall Street investment bankers.
She was already coming off of a year without bonus pay. She had to think fast to keep her family on solid financial ground.
"People talk a lot about motivation, and I can tell you that fear is a tremendous motivator," she said.
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