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Greg Fleming
Born
Gregory James Fleming

1963 (age 60–61)
NationalityAmerican
Alma materYale Law School[1]
Occupation(s)Businessperson, investment banker, professor
Years active1988-present
EmployerRockefeller Capital Management (CEO)
WebsiteBiography at Rockefeller Capital Mgmt

Gregory J. Fleming (born 1963) is an American business executive and investment banker.[1][2][3] Currently the CEO of Rockefeller Capital Management,[4] Fleming is also a lecturer at Yale Law School in ethics and financial markets.[1] He previously served as president and chief operating officer at Merrill Lynch, where he led several major mergers and acquisitions deals in the 2000s,[5] including the $50 billion sale of Merrill Lynch to Bank of America.[6] In 2010 he became president of Morgan Stanley Investment Management,[4] then becoming president of Morgan Stanley Smith Barney in 2011.[7] He was named the founding president and CEO of Rockefeller Capital in 2017.[8]

Early life and education

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Born in 1963,[9] Fleming grew up in Hopewell Junction, New York; both of his parents were school teachers.[5] He received a J.D. from Yale Law School[10] in 1988.[11]

Career

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In 1988, Fleming joined the management consulting firm Booz Allen Hamilton as a consultant,[11] later becoming a principal.[3][12] Fleming was hired by Merrill Lynch in 1992,[2] and was initially tasked with restructuring the firm's municipal bond division.[13] He advised on BlackRock's initial public offering in 1999, and was also promoted to head Merrill Lynch's U.S. financial institutions group. In 2003, he was promoted to head the company's global investment banking, and then became co-president of the capital markets unit.[2] In those roles, Fleming helped lead the merger of Merrill Lynch Investment Management and BlackRock in 2006,[14] and also served on BlackRock's board.[9] In May 2007, Fleming and Ahmass Fakahany were named co-presidents of Merrill Lynch.[15] In June 2007, Fleming also became a chief operating officer,[16] before becoming the sole president and COO in 2008.[3] Fleming was a key player in Merrill Lynch's acquisition by Bank of America in 2008.[6] After the merger was completed in January 2009,[17] Fleming resigned from Merrill Lynch to teach at Yale University,[18] becoming a senior research scholar and lecturer in law at Yale Law School.[9]

In 2010[4] Fleming became president of Morgan Stanley Investment Management.[17][14] He also joined the firm's operating committee.[12] In 2011 he became president of global wealth management, including Morgan Stanley Smith Barney, while continuing to run asset management.[7] Fleming resigned from Morgan Stanley in January 2016,[16] continuing to lecture at Yale Law School.[4] Fleming joined the board of Putnam Investments in August 2016.[19] Also that year he assisted Anthony Scaramucci on selling SkyBridge Capital,[20][21] and in 2017 he represented Derek Jeter on the consortium purchase of the Miami Marlins.[4][1] In 2017, Fleming was announced as the founding CEO of Rockefeller Capital Management, also joining the board[4] and taking an ownership stake.[8]

Personal life

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Fleming and his wife Melissa live in Westchester County, New York and have three children.[1]

References

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  1. ^ a b c d e McLannahan, Ben (November 4, 2017). "'Rockefeller. I want that name out there again and again'". Financial Times. Retrieved February 19, 2021.
  2. ^ a b c LaCapra, Lauren Tara (February 12, 2014). "Insight: Wall Street's most eligible banker Fleming waits for suitor". Reuters. Retrieved February 19, 2021.
  3. ^ a b c Kennedy, Siobhan; Seib, Christine (May 12, 2008). "Greg Fleming cracks the whip again". The Sunday Times. Retrieved February 19, 2021.
  4. ^ a b c d e f Oran, Olivia (October 4, 2017). "UPDATE 1-Ex-Morgan Stanley exec Fleming in venture to set up wealth management firm". Reuters. Retrieved February 21, 2021.
  5. ^ a b Smith, Randall (February 17, 2006). "Merrill Lynch's Keystone". Wall Street Journal. Retrieved February 19, 2021.
  6. ^ a b Cox, Rob (December 14, 2009). "Banking on investing". Breakingviews (Reuters). Retrieved February 21, 2021.
  7. ^ a b Craig, Susanne (January 13, 2011). "Gorman Shakes Up Morgan Stanley's Leadership". The New York Times. Retrieved February 21, 2021.
  8. ^ a b Hoffman, Liz (October 4, 2017). "Derek Jeter's Banker Joins Rockefellers in New Wall Street Venture". Wall Street Journal. Retrieved February 21, 2021.
  9. ^ a b c Bowley, Graham; de la Merced, Michael J. (December 13, 2009). "Merrill Alumnus to Lead a Unit of Morgan Stanley". The New York Times. Retrieved February 19, 2021.
  10. ^ Lattman, Peter (October 29, 2007). "Merrill CEO Candidate Greg Fleming Is One Of Us". Wall Street Journal. Retrieved February 19, 2021.
  11. ^ a b Lattman, Peter (February 17, 2006). "Merrill's Rainmaker a Lawyer By Training". Wall Street Journal. Retrieved February 19, 2021.
  12. ^ a b "Morgan Stanley Hires Ex-Merrill Executive Fleming". The New York Times. December 13, 2009. Retrieved February 21, 2021.
  13. ^ "Gregory J. Fleming, 37". Crain's New York Business. March 2001. Retrieved February 19, 2021.
  14. ^ a b Lucchetti, Aaron (December 14, 2009). "Morgan Stanley Hires Fleming". Wall Street Journal. Retrieved February 19, 2021.
  15. ^ "Merrill names co-presidents; Kim leaves". Reuters. May 16, 2007. Retrieved February 19, 2021.
  16. ^ a b "Morgan Stanley names Kelleher president; Fleming leaving bank: memo". Reuters. January 6, 2016. Retrieved February 21, 2021.
  17. ^ a b Harper, Christine (December 13, 2009). "Morgan Stanley Hires Fleming to Oversee Investment Management". Bloomberg News. Retrieved February 21, 2021.
  18. ^ Kouwe, Zachery (January 8, 2009). "Fleming Is Leaving Merrill Lynch to Go to Yale". The New York Times. Retrieved April 7, 2021.
  19. ^ Baer, Justin (August 24, 2016). "Putnam Adds Ex-Morgan Stanley Executive Greg Fleming to Board". Wall Street Journal. Retrieved February 21, 2021.
  20. ^ Bielski, Vincent (December 16, 2016). "Scaramucci Says Greg Fleming Advising on Possible SkyBridge Sale". Bloomberg News. Retrieved February 21, 2021.
  21. ^ Kumar, Nishant (January 17, 2017). "Scaramucci Clarifies That His SkyBridge Is 'Almost' Sold". Bloomberg News. Retrieved February 21, 2021.

Further reading

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Category:Living people
Category:1963 births
Category:American chief executives of financial services companies
Category:American investment bankers
Category:Merrill (company) people
Category:Morgan Stanley people
Category:Booz Allen Hamilton people
Category:Yale Law School alumni
Category:Yale Law School faculty
Category:People from Hopewell Junction, New York
Category:People from Westchester County, New York