Komansky, CEO Who Led Merrill’s Global Growth, Dies at 82
- His strategy of rapid expansion halted by a market downturn
- The firm’s sale to BofA ‘broke my heart,’ Komansky once said
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David Komansky, a college dropout who joined Merrill Lynch & Co. as a stockbroker and expanded the firm around the globe as chairman and chief executive officer during the bull markets of the 1990s, has died.
Komansky died Monday at 82, according to Jenn Komansky, one of his daughters. “The only thing I can say is that he was a wonderful husband and father, a wonderful friend, and everybody loved him,” she said.