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Abstract
Prior to the publication of this article, the author, Kathleen Moriarty, passed away on December 20, 2022. Kathleen was a pioneer in the investment management community, best known for her role in shepherding the first exchange-traded fund, the SPDR S&P 500 ETF, to launch, which earned her the moniker “Spider Woman.” Throughout her career, Kathleen was a humble and thoughtful colleague who was universally recognized as a kind-hearted and beloved individual. She will be deeply missed by friends, family, colleagues, and clients, and her contributions to the industry will not be soon forgotten.
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