ZestSync

Age, Biography and Wiki

James Cracchiolo is a 62-year-old American businessman who is the Chairman and CEO of Ameriprise Financial, Inc. He was born in 1958 and is a graduate of the University of Pennsylvania's Wharton School of Business. Cracchiolo began his career at American Express in 1982, where he held various positions in the company's financial services division. In 1994, he was appointed President of American Express Financial Advisors, and in 2001, he was named Chairman and CEO of the company. In 2005, Cracchiolo was appointed Chairman and CEO of Ameriprise Financial, Inc., a position he still holds today. Under his leadership, Ameriprise has grown to become one of the largest financial services companies in the world. Cracchiolo has been recognized for his leadership and business acumen, receiving numerous awards and honors, including the Wharton School's Alumni Achievement Award and the Financial Services Roundtable's Lifetime Achievement Award. As of 2021, James Cracchiolo's net worth is estimated to be roughly $50 million.

We recommend you to check the complete list of Famous People born on . He is a member of famous with the age 65 years old group.

James Cracchiolo Height, Weight & Measurements

At 65 years old, James Cracchiolo height not available right now. We will update James Cracchiolo's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

James Cracchiolo Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is James Cracchiolo worth at the age of 65 years old? James Cracchiolo’s income source is mostly from being a successful . He is from American. We have estimated James Cracchiolo's net worth , money, salary, income, and assets.

James Cracchiolo Social Network

Timeline

Cracchiolo received a 44% pay raise in 2017, earning $23.9 million in direct compensation and cashing in on $40.8 million in stock options.

Cracchiolo has named India as an important market for Ameriprise; the company began India operations in 2012, thus becoming the first multibillion-dollar company operating purely in the financial planning space in that country.

Under Cracchiolo's leadership, Ameriprise completed its $1.2 billion acquisition of Columbia Management's long-term asset management business from Bank of America Corporation in May 2010. This deal is expected to improve the profit margins of Ameriprise's asset management business by 25 percent within two years and make Ameriprise the eighth-largest manager of long-term mutual funds in the U.S.

Cracchiolo earned a total compensation of $18.83 million in 2010, which included a base salary of $0.95 million, a cash bonus of $9.43 million, and options granted worth $5.43 million, and other compensation totaling $3.02 million.

Ameriprise turned down the roughly $2.5 billion federal bailout money it was offered as part of the United States government's Troubled Asset Relief Program during the subprime mortgage crisis in 2008. Cracchiolo, in a statement, said the company is "confident that our current capital position and access to potential additional funding sources are more than adequate."

James "Jim" Cracchiolo is Chairman and Chief Executive Officer of Ameriprise Financial, Inc., a leading diversified financial services company serving the comprehensive financial planning needs of the mass affluent and affluent. He has held these positions since September 2005, when the company was spun off from American Express. From 2003 to present, he has also been Chairman of Threadneedle Asset Management, a London-based global asset management firm.

ncG1vNJzZmivp6x7pLHLnpmsmZeaxKq3yGeaqKVfn66usdJmmquZk5i1qrvLqA%3D%3D