Greg Fleming | |
|---|---|
| Born | Gregory James Fleming February 27, 1963 |
| Nationality | American |
| Education |
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| Occupation(s) | Businessperson, investment banker, professor |
| Years active | 1988–present |
| Employer | Rockefeller Capital Management (CEO) |
| Board member of | BlackRock |
| Website | Biography at Rockefeller Capital Mgmt |
Gregory James Fleming (born February 27, 1963) is an American business executive and investment banker. [1] Currently, the CEO of Rockefeller Capital Management, [2] 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, [3] including the $50 billion sale of Merrill Lynch to Bank of America. [4] In 2010 he became president of Morgan Stanley Investment Management, [2] then became president of Morgan Stanley Smith Barney in 2011. [5] He was named the founding president and CEO of Rockefeller Capital in 2017, [6] and is a member of the trustee advisory board at Millennium Management, LLC, [7] and of the board of directors of BlackRock.
Born on 27 February 1963, [1] Fleming grew up in Hopewell Junction, New York; both of his parents were school teachers. [3] In 1985 [8] earned a Bachelor of Arts degree from Colgate University in economics, summa cum laude. [9] He received a J.D. from Yale Law School [10] in 1988. [11]
In 1988, Fleming joined the management consulting firm Booz Allen Hamilton as a consultant, [11] later becoming a principal. [12] Fleming was hired by Merrill Lynch in 1992, [13] and was initially tasked with restructuring the firm's municipal bond division. [14] He advised on BlackRock's initial public offering in 1999, and was subsequently promoted to head Merrill Lynch's U.S. financial institutions group. [15] In 2003, he became of head the company's global investment banking, and then co-president of the capital markets unit. [13] In those roles, Fleming oversaw the merger of Merrill Lynch Investment Management and BlackRock in 2006. [16] In May 2007, Fleming and Ahmass Fakahany were named co-presidents of Merrill Lynch. [17] In June 2008, Fleming became chief operating officer. [18] After the Bank of America merger was completed in January 2009, [19] Fleming resigned from Merrill Lynch to teach at Yale University, [20] becoming a senior research scholar and lecturer in law. [21]
In 2010 [2] Fleming became president of Morgan Stanley Investment Management, [19] also joining its operating committee. [15] In 2011 he became president of global wealth management. [5] Fleming resigned from Morgan Stanley in January 2016, [18] continuing to lecture at Yale. [2] Fleming joined the board of Putnam Investments in August 2016. [22] That year, he assisted Anthony Scaramucci with selling SkyBridge Capital, [23] and in 2017 represented Derek Jeter on the consortium purchase of the Miami Marlins. [1] In 2017, Fleming was announced as the founding CEO of Rockefeller Capital Management, while also taking an ownership stake. [6]
Fleming has been quoted in the press on the number of market-related issues, and in 2022, Fortune described Fleming as a long-time advocate of increasing H1B visas to increase labor availability for specialized jobs in the US market. [24] In September 2022, the Financial Times credited Fleming with greatly increasing Rockefeller Capital Management's presence and asset holdings in US cities. [25] In April 2023, Bloomberg cited Fleming stating the firm had received a significant investment from the Demarais family, with plans to use the funds for expansion. [26] Fleming is also a member of the trustee advisory board at Millennium Management, LLC. [7] Fleming joined the board of directors of BlackRock in April 2025. [27]
He and his wife Melissa together have three children. [9]