Morgan Stanley Said to Expand Operating Committee to 16
This article is for subscribers only.
Morgan Stanley, owner of the world’s largest brokerage, named four executives to its operating committee, including fixed-income trading co-heads Michael Heaney and Robert Rooney, a person briefed on the move said.
Shelley O’Connor, who runs the New York-based firm’s private bank, and Andy Saperstein, head of the brokerage’s investment products and services unit, were also added to the committee, bringing it to 16 members, said the person, who asked to remain anonymous because the decision wasn’t yet public.