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Zoe Cruz (born February 2, 1955) was appointed Co-President of Morgan Stanley on February 9, 2006. The announcement was made by John J. Mack, the chairman and chief executive of Morgan Stanley. is the 33rd day of the year in the Gregorian calendar. ...
Year 1955 (MCMLV) was a common year starting on Saturday (link displays the 1955 Gregorian calendar). ...
Morgan Stanley (NYSE: MS) is an investment bank and retail broker provider headquartered in New York City. ...
is the 40th day of the year in the Gregorian calendar. ...
Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...
John J. Mack (1944 - ) (born Machoul) is the CEO and Chairman of the Board of investment bank Morgan Stanley. ...
Cruz has a 24-year history with Morgan Stanley. She graduated from Harvard University with a bachelor’s degree in Literature in 1977. She received an MBA from Harvard Business School in 1982. She began her career at Morgan Stanley in 1982, becoming a Vice President in 1986, a Principal in 1988 and a Managing Director in 1990. From 2000 to 2005, she held the position of global Head of Fixed Income, Commodities and Foreign Exchange. Harvard University (incorporated as The President and Fellows of Harvard College) is a private university in Cambridge, Massachusetts, USA and a member of the Ivy League. ...
Master of Business Administration (MBA) is a tertiary degree in business management. ...
Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. ...
Cruz was a long time supporter of former CEO, Phil Purcell. She became an integral part of the leadership controversy at Morgan Stanley on March 29, 2005 when Purcell replaced then President Stephan Newhouse. Zoe Cruz and Stephen S. Crawford were named Co-Presidents. This controversial move led to a full-page advertisement in the Wall Street Journal on March 31, 2005. The advertisement featured opposition to the company leadership by a group of dissidents known as the “Group of Eight”. Several distinguished executives later left the firm amid speculation that they disagreed with the new management structure. The Wall Street Journal is an influential international daily newspaper published in New York City, New York with an average daily circulation of 1,800,607 (2002). ...
Phil Purcell announced his retirement on June 13, 2005 and John J. Mack was named successor. On July 11, 2005, Stephen S. Crawford resigned his position of Co-President “to pursue other interests”. Cruz was subsequently appointed acting president. Her lengthy position as acting president led to much speculation about the future direction of the company. This appointment may silence rumors that the position was left open as a potential merger negotiation item. Cruz will continue to lead the firm’s institutional securities businesses, which includes banking and capital markets. She currently shares the role of President with Robert W. Scully. Cruz is married to Ernesto Cruz, head of equity capital markets at the investment banking unit of Credit Suisse Group (CSR). Morgan Stanley and Credit Suisse First Boston (CSFB) were principal underwriters of the 2004 Google IPO. The Credit Suisse Group is the second-largest financial services company in Switzerland, behind longtime rival UBS AG. It was founded in 1856 under the name Schweizerische Kreditanstalt (SKA, Swiss Credit Institution). ...
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