Zoe Cruz is one of the most popular and richest Businessperson who was born on February 2, 1955 in Greece, United States. After graduating from business school, Cruz became a mother and was hired by Morgan Stanley in 1982. She remained with the firm for 25 years. In 1986, she was promoted to Vice President and in 1988 to Principal. She also became Managing Director in 1990. She was the global Head of Fixed Income and Commodities, Foreign Exchange from 2000 to 2005. On February 9, 2006, she was elected Co-President.
On October 9, 2009, the New York Times reported that Zoe Cruz was possibly starting her own hedge fund named Vorás Capital Management, which is expected to focus on distressed assets and macroeconomic bets on currencies and securities
Once considered “the most powerful woman on Wall Street,” in January 2014, Cruz, long dubbed “Cruz Missile”, joined the Board of Anglo-South African financial behemoth Old Mutual as an independent non-executive director.
She was ranked #10 on the Forbes 100 Most Powerful Women of the World in 2006
Cruz was the highest-paid woman in Fortune.com’s 2006 countdown, with total compensation of $30 Million in 2006. Forbes also ranked her as the 10th most powerful women in the world in 2006, and the 16th most powerful woman worldwide in 2007.
On November 29, 2007, Morgan Stanley announced that Zoe Cruz was resigning as co-president of the firm and that she would retire immediately.
