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Discover became part of the Dean Witter financial services firm, and the new company was called Dean Witter, Discover & Co. In 1997, this company merged with Morgan Stanley to become Morgan Stanley Dean Witter, Discover & Co. In 1999, this company rebranded itself as Discover Financial Services, Inc. [16]
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Morgan played high school football at Easley High School in Easley, South Carolina. [5] In 1972, his team won a state championship. [6]Morgan went on to play college football for the University of Tennessee, [7] where he was an outstanding multi-position player, appearing in all 46 Volunteers games in his four-year career. [8]
Dean Witter logo, c. 1990 Prior to its merger with Morgan Stanley, Dean Witter Reynolds was a diversified financial services organization that provided a broad range of investment and consumer credit and investment products and services.
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Education: Buckley School Hotchkiss School: Alma mater: Yale University: Title: Chairman of Board and President of Morgan Stanley: Board member of: Burlington Resources, ITT Corporation, ITT Industries, Morgan Stanley Group, Inc., the New York Stock Exchange, Taubman Centers, Inc., and Bessemer Securities, Pierpont Morgan Library, the Metropolitan Museum of Art, the Alfred P. Sloan Foundation ...
In 2023, Gorman's total compensation from Morgan Stanley was $32.9 million, representing a CEO-to-median worker pay ratio of 241-to-1. [26] In May 2023, Gorman announced his forthcoming retirement as CEO of Morgan Stanley. [27] He was succeeded as CEO by Ted Pick on January 1, 2024, while remaining executive chairman of the firm's board. [28]
John Pierpont Morgan (April 17, 1837 – March 31, 1913) [1] was an American financier and investment banker who dominated corporate finance on Wall Street throughout the Gilded Age and Progressive Era.