Bridgewater CEO McCormick steps down to run for Senate

[Yo_Mama_Been_Loggin]

(Reuters) -Bridgewater Associates Chief Executive Officer David McCormick has stepped down from his role to run for an open United States Senate seat in Pennsylvania, the world's largest hedge fund said on Monday.

The Westport, Connecticut-based company appointed Deputy CEO Nir Bar Dea and co-Chair of operating board of directors Mark Bertolini as co-CEOs with immediate effect.

Bertolini was previously chief executive of health insurer Aetna Inc, which was acquired by CVS Health Corp in 2018.

Outgoing top boss McCormick joined Bridgewater in 2009 and was named a co-CEO in 2017. He became the sole head in April when co-CEO Eileen Murray left.

https://www.msn.com/en-us/money/news/bridgewater-ceo-mccormick-steps-down-to-run-for-senate/ar-AASob0D

What say you Pennsylvania DU members, do you want a vulture capitalist as your Senator?

[Tommymac]

1. I think Crazy Oz beats him in the GQP Primary.

But regardless John Fetterman IS Going to be the next Senator from Pennsylvania. He has to win the primary and there are some really good Dems running, but he will prevail.

I'm in Pittsburgh and we are already working our butts off for him here.

[bucolic_frolic]

2. That vulture would be right in Fetterman's wheelhouse

Never been a better candidate to engage a vulture capitalist, at least not in PA

[gratuitous]

3. Oh thank the Lord!

Perhaps now obscenely wealthy white men will have a say in the running of the country.

Seriously, what more does someone like McCormick need out of the system?