Last Updated: 25 Jan, 2023 | Views: 423
Other Profession(s): Lawyer, Financier
Famous For: Chief Executive Officer of Morgan Stanley
Higher Education: University of Melbourne (BA, LLB), Columbia University (MBA)
James Patrick Gorman is the chairman and CEO of Morgan Stanley and is an Australian-American entrepreneur. Prior to that, he served as the company's co-president and co-head of strategic planning. He attended Xavier College for his undergraduate studies before attending the University of Melbourne, where he served as president of Newman College while still living on campus and receiving his bachelor's degrees in arts and law. He joined McKinsey & Company after graduating from Columbia and worked his way up to senior partner. He spent ten years at McKinsey working on the Merrill Lynch account and contributing to the creation of Merrill's online internet strategy.
In 1982: After joining Phillips Fox and Masel (now DLA Piper), he attended Columbia Business School to complete his Master of Business Administration.
In 1999: Merrill Lynch appointed him chief marketing officer, a newly created position.
In 2007: Gorman and Walid Chammah were promoted to Co-Presidents at Morgan Stanley.
In 2020: He was made an Officer of the Order of Australia (AO), which honours Australians who have excelled in their fields of service or achievement.
In 2022: The Global Financial Leaders' Investment Summit will feature a speech from Gorman.
Achievements and Awards:
In 2014: Bloomberg Markets Magazine ranked him among the 50 Most Influential people.
In 2009: He led Morgan Stanley's merger with Citi's Smith Barney business to create the largest wealth management platform in the world.
As of 2020: He became the highest-paid bank executive in America after Morgan Stanley raised his salary by 22% ($6 million) from 2019.
The Columbia Business School's Board of Overseers appoints Gorman as its Chairman and Director of the Council on Foreign Relations.
Gorman, who holds American and Australian citizenship, resides in Manhattan.