James P. Gorman is Chairman and CEO of Morgan Stanley. He was formerly Co-President and Co-Head of Strategic Planning at the firm.[1]
James P. Gorman, 51, joined Morgan Stanley in February 2006 as the President and Chief Operating Officer of the Global Wealth Management Group (GWMG). In October 2007, Gorman took on the additional role of Co-Head of Strategic Planning with Chief Financial Officer Colm Kelleher. He was appointed Co-President in December 2007, along with Walid Chammah. In September 2011, it was announced Gorman would become the Chairman of Morgan Stanley in January 2012, due to John J. Mack's retiring.
Prior to joining Morgan Stanley in February 2006, Gorman held a succession of executive positions at Merrill Lynch, including leading from 2001 to 2005 the company’s U.S. and, subsequently, global private client businesses. Before joining Merrill Lynch, Gorman served as a senior partner of McKinsey & Company, where he was a member of the financial services practice, and as an attorney in Melbourne.
A native of Australia, Gorman attended Xavier College, and earned his law degree from the University of Melbourne, where he was a residential member of Newman College. In 1982 he joined law firm Phillips Fox and Masel (now DLA Phillips Fox) before heading to the USA to obtain an MBA from Columbia Business School.[2][3] While at Columbia he was a resident at International House of New York.
Among his civic activities, Mr. Gorman serves as a member of the Board of Overseers of the Columbia Business School, co-chairs the Business Committee of the Metropolitan Museum of Art, and is a member of the Business Roundtable, Business Council, and the Board of Directors of the Partnership for New York City. He is a former board member of the Securities Industry and Financial Markets Association in Washington, D.C., and served as Chairman in 2006.