In the wrong layer at the wrong time
????Formerly known as the most powerful woman on Wall Street, Sallie Krawcheck has a couple of big bank C-suite stints behind her. She served as the CFO for Citi for a brief period, before she left that position after a few run-ins with CEO Vikram Pandi. Last year, she made her way to Bank of America as its president of Global Wealth and Investment Management under its former CEO Ken Lewis.
????This past September, Bank of America CEO Brian Moynihan offered her a demotion, which she rejected, opting to leave the company instead. Her exit was part of Bank of America "de-layering" its operations, according to Moynihan.
????Krawcheck, newly de-layered, hasn't said much about her next career move, but Fortune suspects she'll rise once again.
