Morgan Stanley’s Grossman Succeeds Barron in Top Legal Role
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Morgan Stanley’s chief legal officer, Frank Barron, is leaving this year and will be succeeded by Eric Grossman, who was most recently global head of legal.
“To ensure a seamless transition, I have asked Frank to remain ‘of counsel’ to the firm through mid-year,” Chairman and Chief Executive Officer James Gorman said today in an internal memo to employees. “Frank will step down from the Operating Committee but remain on the Management Committee until his departure.” Mark Lake, a spokesman for New York-based Morgan Stanley, confirmed the memo’s contents.