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...In a wide-ranging interview with the Financial Times days before he hands over as CEO to Morgan Stanley co-president Ted Pick, Gorman also said the banking system had become much safer in his 14-year tenure...
...Eadie describes himself as Panthera’s co-founder and chief executive on his LinkedIn account....
...The two other top candidates for the top job — Andy Saperstein and Dan Simkowitz — are staying on at Morgan Stanley as co-presidents to Pick....
...Gorman, a former management consultant, has won kudos from investors and analysts for the way he organised his departure from the bank....
...Simkowitz will also become co-president with Saperstein, Morgan Stanley said on Wednesday. Gorman will become executive chair of the board of directors....
...Glass Lewis instead urged shareholders to vote for the current board alongside two new directors put forward by Disney in November — outgoing Morgan Stanley chair and chief executive James Gorman and Sir...
...The two men will also be Pick’s co-presidents....
...In November, Disney named two new directors — former Morgan Stanley chair and chief executive James Gorman and Sir Jeremy Darroch, the former group chief executive of British pay-TV and broadband company...
...However, speaking at an industry conference on Tuesday, JPMorgan’s co-head of consumer banking Marianne Lake expressed doubts that there would be meaningful revisions to the capital requirements....
...Peltz, co-founder of the Trian Partners hedge fund, is waging a proxy fight to gain board seats for himself and former Disney chief financial officer Jay Rasulo....
...Gorman was set to join a “succession planning committee” on the board, Disney said on Wednesday....
...The news of Saperstein’s diagnosis comes just weeks after Morgan Stanley announced its succession plan for longtime chief executive James Gorman....
...It recently appointed former Morgan Stanley chief James Gorman, who was praised for how he handled his own succession, to the board. But the issue continues to hang over the company....
...Other substantial sellers at the bank include commercial banking boss Douglas Petno, who has sold $34mn, and co-head of consumer banking Marianne Lake, who has sold $29mn....
...“ValueAct Capital has a record of collaboration and co-operation with the companies it invests in, and its co-CEO Mason Morfit has been very constructive in the conversations we’ve had over the past year...
...Australian-born Gorman replaced John Mack as chief executive at the start of 2010, having been the bank’s co-president in charge of global wealth management, investment management and operations....
...Morgan Stanley on Wednesday said Pick will replace James Gorman, who had led the firm since 2009....
...Nevertheless, the changes this week point to efforts to ensure a smooth succession process to rival that of Morgan Stanley boss James Gorman’s handover last year....
...Trian will put forward its co-founder Nelson Peltz and former Disney executive Jay Rasulo at the company’s annual shareholder meeting next year, it said on Thursday....
...Goldman Sachs Asset Management has named chief investment officer of public investing Ashish Shah and head of multi-asset solutions Greg Calnon as co-heads of public investing....
...“The most successful way is co-ordination.”...
...Ted Pick, who took over from longtime chief James Gorman in January, presented a bullish outlook at the bank’s results yesterday....
...Morgan Stanley, under James Gorman, who recently retired as chief executive and is now chair, plotted the most successful strategy, pinning much of the bank’s growth on wealth....
...So they’re actually going to become co-presidents under Ted Pick....
...Asset manager Golub Capital has hired Andrea Picard to co-head global institutional sales. She joins from BlackRock....
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