Bridgewater CEO McCormick Stepping Down to Consider Senate Run

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Bridgewater CEO McCormick Stepping Down to Consider Senate Run
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Bridgewater CEO David McCormick is stepping down from the world's largest hedge fund to consider a U.S. Senate run in Pennsylvania

Bridgewater Associates named two new co-chief executives to head the world’s largest hedge-fund firm on Monday, after CEO David McCormick told staff he would be stepping downBridgewater elevated to co-CEO deputy chief

executive Nir Bar Dea, 40 years old, along with former Aetna chief executive Mark Bertolini, 65, who has been a member of Bridgewater’s board for three years, according to a memo to Bridgewater employees that was released publicly.

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