James Gorman Bio, Age, Family, Wife, House, Net Worth, Morgan Stanley

Posted by Zora Stowers on Saturday, May 18, 2024

James Gorman Biography

James Gorman (Full name – James Patrick Gorman) is an Australian-American financier who was born in Melbourne, Victoria, Australia. He is the Chairman and Chief Executive Officer of Morgan Stanley. Formerly, Gorman was Co-President and Co-Head of Strategic Planning at the firm.

10 Quick Facts About James Gorman

  • Name: James Gorman
  • Age: 64 years
  • Birthday: 14 July
  • Zodiac Sign: Cancer
  • Height: 5 feet 9 inches
  • Nationality: Australian-American
  • Occupation: Financier
  • Marital Status: Married
  • Salary: $35 Million
  • Net worth: $139  Million
  • James Gorman Age

    Born on 14 July 1958, Melbourne, Victoria, Australia, Gorman is the Chairman and Chief Executive Officer of Morgan Stanley. He is a dual citizen of Australia and the United States. Gorman is 64 years old a of 2022.

    James Gorman Height

    Gorman appears to be a man of above-average stature if his photos are anything to go by. even though the exact height of the Morgan Stanley CEO is not publicly available despite his prominence, he seems to be 5 feet 9 inches or thereabout. We shall update this section once we have the details.

    James Gorman Wife

    Gorman is married to his wife Penny Gorman (Pendleton Dedman) even though the date of their wedding is not recorded. Together, they are parents of two adult children. One of their children is Caroline Gorman who is a guitarist, pianist, and singer.

    Through her two-man band, Madness and the Film, released several works including a four-song EP in 2013 when she was just 17. Gorman and his wife currently live in Manhattan, New York.

    James Gorman Morgan Stanley CEO

    In February 2006, James Gorman joined Morgan Stanley as the President and Chief Operating Officer of the Global Wealth Management Group (GWMG). He took on the additional role of Co-Head of Strategic Planning with Chief Financial Officer Colm Kelleher in October 2007. Gorman was named Co-President of Morgan Stanley in December 2007, along with Walid Chammah, with the day-to-day responsibility for Wealth Management and Asset Management.

    It was announced in September 2009, that James Gorman would become CEO of Morgan Stanley in January 2010. In January 2012, following the retirement of John J. Mack, Gorman also assumed the title of Chairman. Press reports indicate his compensation as Chairman and CEO was $9.75 million for 2012, with the New York Times reporting an increase of his salary to $18 million in 2013.

    Gorman helped create the largest wealth management platform globally in 2009 when he led the merger and integration of Morgan Stanley’s wealth management business with Citi’s Smith Barney business. In June 2013, Morgan Stanley purchased the remainder of the joint venture with payment structured as a staggered acquisition. Morgan Stanley has over 16,000 financial advisors and $1.8 trillion in client assets and is a global leader in wealth management.

    In February 2006, prior to joining Morgan Stanley, Gorman held a succession of executive positions at Merrill Lynch, including leading from 2001 to 2005 the company’s U.S. and, subsequently, global private client businesses. He joined Merrill Lynch as Chief Marketing Officer in 1999, and also served as head of Strategy and Research. Gorman served as a senior partner of McKinsey & Company Before joining Merrill Lynch, where he was a member of the financial services practice, and as an attorney in Melbourne.

    James Gorman Brexit

    In the wake of the 2016 United Kingdom European Union membership referendum, which led to a popular vote to leave the European Union, Gorman said there was “nothing good about Brexit”. He warned that some jobs would be moved possibly to New York City or Tokyo from England or even out of Europe entirely. Gorman was however yet to initiate any change in his UK company structuring as of November 2017.

    James Gorman House

    Mr. Gorman owns a house in Millbrook, New York, USA. He is said to have acquired the property in 1999 for $1.5M. The property comprises a 29-acre estate.

    James Gorman Net Worth and Salary

    Gorman earned a salary of $27 million in 2017. His estimated net worth is at least $86.6 Million dollars as of 15 February 2018. Mr. Gorman owns over 100,000 units of Morgan Stanley stock worth over $52,902,697 and over the last 2 years, he sold MS stock worth over $5,534,000. In addition, he makes $28,168,600 as Chairman of the Board and Chief Executive Officer at Morgan Stanley.

    James Gorman Facts and Measurements

    Birth name: James Patrick Gorman.
    Date of Birth: 14 July 1958, Melbourne, Victoria, Australia.
    Birth Sign: Cancer
    Nationality: Australian, American.
    Wife: Penny Gorman
    Children: Two (including Caroline Gorman)
    Profession: Business executive – CEO Morgan Stanley.
    Salary: $35 million.
    Net Worth: $139 Million.

    Frequently asked questions about James Gorman.

    How much is James Gorman worth?

    He has an estimated net worth of at least $139 Million.

    Who is the CEO of Morgan Stanley?

    His full name is James Patrick Gorman. It was announced in September 2009, that Gorman would become CEO of Morgan Stanley in January 2010.

    How old is James Gorman?

    Born on 14 July 1958, Melbourne, Victoria, Australia, Gorman is 62years old a of 2022.

    When did James Gorman become CEO of Morgan Stanley?

    Gorman joined Morgan Stanley in February 2006 becoming the firm’s CEO in January 2010. Then, in January 2012, he also became the Chairman.

    James Gorman Contacts

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