Morgan Stanley COO Jim Rosenthal to retire at end of year: memo | Reuters

By Olivia Oran Morgan Stanley (MS.N) Chief Operating Officer Jim Rosenthal will retire at the end of the year, according to an internal memo sent to employees by CEO James Gorman on Friday.Rosenthal, who helped oversee the integration of Morgan Stanley with Smith Barney, will continue to serve as a senior adviser at the Wall Street firm, the memo said.A Morgan Stanley spokesman confirmed the contents of the memo. Rosenthal served with other top Morgan Stanley executives on its operating committee and helped to lead many of the firm's efforts in technology, operations and cybersecurity.He joined Morgan Stanley in 2008 from real estate firm Tishman Speyer, where he had served as chief financial officer. He became chief operating officer in 2011

Reuters October 29, 2016 02:30:06 IST
Morgan Stanley COO Jim Rosenthal to retire at end of year: memo
| Reuters

Morgan Stanley COO Jim Rosenthal to retire at end of year memo
 Reuters

By Olivia Oran

Morgan Stanley (MS.N) Chief Operating Officer Jim Rosenthal will retire at the end of the year, according to an internal memo sent to employees by CEO James Gorman on Friday.Rosenthal, who helped oversee the integration of Morgan Stanley with Smith Barney, will continue to serve as a senior adviser at the Wall Street firm, the memo said.A Morgan Stanley spokesman confirmed the contents of the memo.

Rosenthal served with other top Morgan Stanley executives on its operating committee and helped to lead many of the firm's efforts in technology, operations and cybersecurity.He joined Morgan Stanley in 2008 from real estate firm Tishman Speyer, where he had served as chief financial officer. He became chief operating officer in 2011.

Morgan Stanley has not yet named a replacement for Rosenthal.

(Reporting by Olivia Oran in New York; Editing by Bernard Orr and Cynthia Osterman)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

also read

Taliban block hundreds from leaving Afghanistan despite recent assurances to US
World

Taliban block hundreds from leaving Afghanistan despite recent assurances to US

American citizens, green card holders and others, say they have been waiting for more than a week for permission to board waiting charter flights out of the city of Mazar-e-Sharif in northern Afghanistan

US thanks several nations including India for their 'generous offers' to help during Afghanistan evacuation
World

US thanks several nations including India for their 'generous offers' to help during Afghanistan evacuation

The US State Department said that America is grateful to the global network of countries that have provided "critical assistance for our evacuation efforts"