Cramer says banking glass ceiling ‘finally cracking’ with Jane Fraser named as next Citi CEO
The glass ceiling in banking maybe is finally cracking,” CNBC’s Jim Cramer said Thursday, shortly after Jane Fraser was chosen to succeed Citigroup CEO Michael Corbat.
Fraser, head of Citi’s global consumer banking unit, is set to take over in February when Corbat retires.
“This is revolutionary and we can’t deny it,” Cramer said, noting the promotion that will make Fraser the first woman to lead a U.S. megabank.
