James Gorman Next CEO of Morgan Stanley

At the end of 2009, there will be a new CEO at Morgan Stanley. John Mack, the company’s current Chairman and CEO, will step down and will be replaced by James Gorman. Currently, Gorman is Morgan Stanley’s Co-President. Gorman will also be joining the company’s board of directors.
Mack fully believes that Gorman is the right man for the job.
Said Mack: “John and the Board believe James Gorman is ideally suited to lead Morgan Stanley forward. James has a long track record of developing aggressive strategies backed by strong operating skills and relentless execution.”
The 64-year-old Mack deserves recognition for leading Morgan …read more