Morgan Stanley s Aussie CEO Gorman Transformed Bank, Deal by Deal usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Both executives, along with JPMorgan Chase & Co. Jamie Dimon, have steered their respective firms in the aftermath of the financial crisis. Morgan Stanley's board has chosen three candidates who could take the helm, and Gorman will become executive chairman for a period when the new CEO takes over, he said, without naming his potential successors.
When James Gorman made one of the biggest announcements of his career on Friday that he would be stepping down as Morgan Stanley CEO within a year he still managed to crack a joke.