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...Less than three weeks into Pick’s tenure as chief executive, Gorman’s exit after 14 years looks even more well-timed....
...Although Morgan Stanley has its second female CFO in Sharon Yeshaya, all three candidates in last year’s race to replace James Gorman as CEO were men....
...Jenny Mitton, women’s sport lead at M&C Saatchi Sport and Entertainment, said the late sponsorship announcements pointed to a lack of planning....
...A Harvard Business Review analysis from 2021 estimated that bad chief executive and C-suite successions wiped out $1tn in market value from the S&P 1500 a year....
...The C-suite drama would be followed by much bigger problems....
...She learnt C++, a programming language, from neighbours who ran a software group....
...“My love of hats started in the ’80s when I spent a lot of time in St James and became beguiled by hatmakers like Lock & Co, Bates and Herbert Johnson,” King tells me on Zoom....
...Paul Gorman – Malcolm McLaren’s biographer and expert auction authenticator for McLaren and Westwood pieces – predicts prices have the potential to increase, but flags that there are many factors to take...
...He spent the next decade working alongside Gorman to reshape the business. “We share a common outlook and approach,” says Gorman, who is also of Irish descent....
...Class B and C absolutely are.”...
...Smart reads Wealth for the win Andy Saperstein was a long-shot to replace Morgan Stanley’s James Gorman....
...Chief executive Herbert Diess was forced out by unions and shareholders. He will be replaced by Porsche’s chief executive Oliver Blume....
...Dimon, Moynihan and Gorman buck the broader trend in corporate America....
...When General Electric and Toshiba revealed plans to follow suit last year, German C-suites couldn’t resist crowing....
...James Gorman was the highest-paid CEO on Wall Street last year, making more than $20m....
...And if GCs are able to be leaders in this area, it can be “the final step in the long journey towards becoming core members of the C-suite”, the law firm writes....
...The breakthrough came thanks to public information: an announcement from the Whitechapel that V-A-C would be funding a series of projects....
...Evidence of the coal industry’s pugnacity was on display on Thursday at a US congressional hearing with chief executives of the largest US banks: Jamie Dimon, David Solomon, Brian Moynihan, James Gorman...
...Morgan Stanley’s James Gorman has also indicated a desire to remain at the helm of the bank he has led since 2010 for at least another three years....
...She joins the firm’s Melbourne office from Herbert Smith Freehills. Karen Frank joined Ontario Teachers’ Pension Plan on Thursday as senior managing director of its C$47bn equities division....
...The division is margin dilutive to the Group at a c.13% operating margin (Group c.18-19%)....
...Lead organisation/individual: Lenczner Slaght, T.M.C....
...Justin D’Agostino will take over from Mark Rigotti as chief executive of Herbert Smith Freehills in May. More here....
...Solium’s shares went public at C$1 in 2001, and its was trading under C$2 as recently as 2012. Morgan Stanley paid C$19....
...Young Toscanini (1988), with C. Thomas Howell as the legendary conductor, was camp enough to be a collector’s piece....
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