Sallie Krawcheck Appoints Financial Services Executive Allyson McDonald As President of Global Women’s Network, 85 Broads

New York – June 2013 -- Sallie Krawcheck has appointed seasoned financial services and non-profit executive Allyson McDonald as president of 85 Broads. Krawcheck recently acquired the global women’s network from founder, entrepreneur and former Goldman Sachs executive Janet Hanson. In this newly created role, McDonald will oversee day-to-day operations of the business and will work closely with Krawcheck and the 85 Broads members in the development and execution of its future plans.

McDonald has more than 15 years of combined business development, operations and management experience from Goldman Sachs, Fidelity Investments, and New York Life, Mainstay Investments. McDonald gained strong knowledge of the non-profit arena through senior roles at Fidelity Charitable and at The Clinton Foundation. Currently, she runs her own successful consultancy in the areas of impact investing and philanthropic services.

Krawcheck said, “Our 85 Broads community has been bringing us incredible, actionable ideas. Allyson has great energy and a passion for women-owned and women-led businesses. The depth and range of her experience across many industries will help us as we work through the opportunities ahead of us.”

McDonald said, “It’s an exciting time to become part of this vibrant community. I am thrilled to have the opportunity to help move the conversation around investing in women worldwide from dialogue to real action!”

85 Broads was founded in 1997 by women who worked for Goldman Sachs at 85 Broad Street, the investment banking firm's former NYC headquarters.   Over the past decade, its paid membership has expanded to include female entrepreneurs and executives from diverse industries and backgrounds, as well as alumnae and students of some of the world's leading colleges, universities, and graduate schools.   Members currently represent 130 countries in more than 40 regional chapters and campus clubs around the world. See more here

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For more information on 85 Broads:

About 85 Broads
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85 Broads is the leading professional women's networking organization committed to the economic empowerment of women globally.

Named for the original address of Goldman Sachs in NYC, 85 Broad Street, the group comprised women who had previously worked at the iconic Investment Bank. Over the past decade, 85 Broads expanded its membership to include motivated, passionate and smart female professionals from all industries, entrepreneurs, celebrities, and women who are alumnae and students of the world’s leading institutions. Our members are located in more than 130 countries around the world and work for thousands of organizations.

In May of 2013, Sallie Krawcheck, former CEO of Merrill Lynch and Smith Barney, purchased the business from its founder, Janet Hanson. Sallie’s involvement reflects her recognition of the power of diversity in driving economic growth, innovation and financial returns.

We are based in major cities all over the globe, organized by regional Chapter leadership. Our membership enjoys exceptional in-person networking opportunities, access to leaders in their field, and educational opportunities that they can’t necessarily access through other channels. Currently, we have 37 professional regional Chapters worldwide. Our Regional Chapters are organized and run by members of the network who passionately believe in the value of investing in smart women, from student to senior executive, globally.

Learn more about our exclusive global network and apply for membership .

Coming Soon – a new and improved 85 Broads

85 Broads is engaged in an exciting development initiative to greatly enhance the 85 Broads membership experience. This will be a complete redesign of the website and the launch of mobile applications for smartphones and tablets. This new experience will enable users to access 85 Broads from any device at any time, to find and connect with members based on mutual interests and goals, leverage member knowledge, access exclusive member content, publish and promote articles, blogs and books, take advantage of sponsorship opportunities across the network, plan and manage networking events, discover new career paths and provide access to exclusive investment opportunities within the 85 Broads network. Members will also be able to use 85 Broads as a hub for their connected life – with tools to manage all of their social networks in one console as well as for distributing their own content across the Internet.


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