James Gorman has one of the biggest names in the investment banking industry and one of the highest-paid public-company chief executives on Wall Street. Gorman is the Chairman and Chief Executive Officer at Morgan Stanley, a leading global financial services firm. He steered the firm in the aftermath of the 2008 financial crisis and diversified its business away from just investment banking activities towards wealth management. Prior to joining Morgan Stanley in 2006, he held a succession of executive roles at Merrill Lynch and McKinsey & Co. Among his civic activities, Gorman serves as a Director of the Council on Foreign Relations, and Chair of the Board of Overseers of the Columbia Business School, and is a member of the Financial Services Forum, Business Council and the Business Roundtable.
Gorman became CEO in January 2010 and Chairman in January 2012. He joined the firm in 2006 and was named Co-President in 2007.
He also served as Chief Operating Officer of the Global Wealth Management Group.
EARLY CAREER
Gorman held Merrill Lynch's U.S. and, subsequently, global private client business.
He joined Merrill Lynch in 1999 as Chief Marketing Officer, and also served as head of Strategy and Research.
Prior to Merrill Lynch, he was a senior partner of McKinsey & Co., where he was a member of the firm’s financial services practice.
Earlier in his career, he was an attorney in Melbourne, Australia.
He formerly served as a Director of the Federal Reserve Bank of New York, President of the Federal Advisory Council to the U.S. Federal Reserve Board, Co-Chairman of the Partnership for New York City, Chairman of the Board of the Securities Industry and Financial Markets Association and Co-Chairman of the Business Committee of the Metropolitan Museum of art.