Pursuits
Daniel Tully, Merrill Ex-CEO Torn by Firm’s Fate, Dies at 84
- Shares tripled during his tenure as CEO from 1991 to 1996
- Retired as chairman in 1997 after 42 years at Merrill Lynch
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Daniel Tully, a former Merrill Lynch & Co. chairman and chief executive officer who spoke out as both critic and cheerleader as the firm tried to weather the 2008 mortgage crisis, has died. He was 84.
He died May 10 in Darien, Connecticut, according to his daughter, Eileen Ceglarski, whom he was visiting. He was a resident of Hobe Sound, Florida.