LONDON (Reuters) - Glencore Xstrata has appointed former Morgan Stanley boss John Mack as an independent director, bringing in a Wall Street heavyweight as it rebuilds the board of the recently merged company.
LONDON, June 12 (Reuters) - Glencore Xstrata has appointed former Morgan Stanley boss John Mack as an independent director, bringing in a Wall Street heavyweight as it rebuilds the board of the recently merged company.
LONDON, June 12 (Reuters) - Glencore Xstrata has appointed former Morgan Stanley boss John Mack as an independent director as it rebuilds its board after a shareholder vote last month saw the departure of all former Xstrata directors.
the skeptics coming out against Pres. Obama's choice of prosecutor Mary Jo White as new SEC chief , "the woman who helped John Mack get off on the slam-dunkiest insider trading case ever." Andrew Ross Sorkin has reservations too . Perhaps the incestuous
to confidence, the index dropping to 70.2 from 75.8. Mack "The Knife" to step down. Morgan Stanley (MS) Chairman John Mack - who led a savage round of cost cuts at the firm's fixed income division on his way to becoming CEO - will retire at the
(Reuters) - Morgan Stanley Chairman John Mack , whose sharp elbows and aggressive cost-cutting tactics earned him the nickname "Mack The Knife," will step down at the end of the year, fully handing the reins to Chief Executive James Gorman.
may lessen the company's liquidity. John Mack is a well-respected financial leader ..... approximately 6% annually in the long run. John Mack is the current CEO and chairman of Morgan ..... adjusted returns. After the return of John Mack as CEO in 2005, Morgan Stanley put more
closed, Morgan Stanley MS announced that John Mack will be stepping down as CEO at the end ..... will be a relatively smooth transition as John Mack will continue to serve as chairman. John Mack 's continued presence and leadership is
Wednesday's announcement also makes the recent departure of president Zoe Cruz, who had appeared to be in line to succeed CEO John Mack , much more understandable. She probably shouldered much of the blame internally for these losses. Outside of the trading
shorting subprime securities in the first quarter; it was just caught on the wrong side of the trade this time. Under CEO John Mack , the firm has increased its appetite for risk, and it made a mistake this time around, but over the long run, we believe