Morgan Stanley Names Jim Rosenthal as COO, Succeeding Nides
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Morgan Stanley, the sixth-largest U.S. bank by assets, named Jim Rosenthal chief operating officer to succeed Thomas Nides, who left the firm to take a position in the U.S. State Department.
Rosenthal will lead the New York-based company’s operations and technology groups, as well as head its marketing, human resources and communications efforts, according to an internal memo from Chief Executive Officer James Gorman obtained today by Bloomberg News. Mark Lake, a Morgan Stanley spokesman, confirmed the memo.