Erika Karp | |
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Born | Erika Karp New York, New York, USA |
Education | Wharton School - University of Pennsylvania; Columbia University |
Occupations |
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Title | Chief Executive Officer of Cornerstone Capital Inc |
Erika Karp is an American entrepreneur, businesswoman and investment advisor. She is the founder of and chief executive officer of an investment firm called Cornerstone Capital Inc. [1] Karp is a founding Board member of the Sustainability Accounting Standards Board. She is an advisor to the UN Global Compact's LEAD Board Development Program, a member of the World Economic Forum’s Global Agenda Council on Financing and Capital, and an Advisor to the Clinton Global Initiative’s Market-based Approaches track.[ citation needed ]
Prior to launching Cornerstone in August 2013, Karp was managing director and head of Global Sector Research at UBS Investment Bank. She also chaired the UBS Global Investment Review Committee and served on the UBS Securities Research Executive Committee and the Environmental and Human Rights Committee of the UBS Group Executive Board.[ citation needed ]
Karp received her B.S. in Economics from the University of Pennsylvania’s Wharton School in 1985 [2] and her MBA in Finance from Columbia Business School in 1991. [3]
She began her professional career at IBM’s ROLM Telecom division as an account representative. In 1989, she left IBM to get her MBA. In 1991, Karp became a director of institutional equity sales at Credit Suisse First Boston. [4]
Karp joined UBS Investment Bank in 1999 and was promoted to Managing Director, Global Head of Research Product Management in 2002. [5] She created the UBS Q-Series research initiative to drive investment research from across regions. She also joined the Global Investment Review Committee (GIRC), composed of researchers from around the world. In 2007, Karp was appointed head of Global Sector Research.
She was honored in May 2015 by the Greyston Foundation of Yonkers New York. [6]