David McCormick has resigned as CEO of one of the world’s largest hedge funds, according to Connecticut-based Bridgewater Associates, as McCormick moves closer to declaring his candidacy for U.S. Senate in his native Pennsylvania.
McCormick has yet to officially declare his candidacy, although he has aired at least two TV commercials across Pennsylvania, bought a house in Pittsburgh and held closed-door meetings with party brass and donors. The 56 year old McCormick had worked for Bridgewater Associates and lived in Connecticut since 2009.
