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Morgan Stanley CEO James Gorman to Retire in Next 12 Months, CEO Since 2010 and to Assume Role of Executive Chairman
27th May 2023 | Hong Kong
Morgan Stanley CEO James Gorman has announced his intention retire in the next 12 months, having been appointed as Morgan Stanley CEO since 2010 and to assume the role of Morgan Stanley Executive Chairman after his retirement. James Gorman had joined Morgan Stanley in 2006, and prior, was at Merrill Lynch and Mckinsey (Senior Partner). Morgan Stanley is one of the largest bank in the world with a market capitalization of $140 billion (26/5/23).
“ Morgan Stanley CEO James Gorman to Retire in Next 12 Months, CEO Since 2010 and to Assume Role of Executive Chairman “
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Morgan Stanley Chairman & CEO, James Gorman
Mr. Gorman is Chairman and CEO of Morgan Stanley. Mr. Gorman became CEO in January 2010 and Chairman in January 2012. He joined the Firm in February 2006 and was named Co-President in December 2007.
Before joining Morgan Stanley, Mr. Gorman held a succession of executive positions at Merrill Lynch. Prior to this, he was a senior partner of McKinsey & Co. and began his career as an attorney in Melbourne, Australia. Among his civic activities, Mr. Gorman serves as a Director of the Council on Foreign Relations, and Chair of the Board of Overseers of the Columbia Business School, and is a member of the Financial Services Forum, Business Council and the Business Roundtable. He formerly served as a Director of the Federal Reserve Bank of New York, President of the Federal Advisory Council to the U.S. Federal Reserve Board, Co-Chairman of the Partnership for New York City, Chairman of the Board of the Securities Industry and Financial Markets Association and Co-Chairman of the Business Committee of the Metropolitan Museum of Art. Mr. Gorman, who was born in Australia, earned a B.A. and Law degree from the University of Melbourne and an M.B.A. from Columbia University.
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