Joseph Willett is an American investment banker who served as the chief financial officer (CFO) of investment bank Merrill Lynch & Co. from 1993 to 1998. [1] [2] [3] He would go on to serve as the chief operating officer (COO) Merrill Lynch's European operations from 1998 to 2002, succeeded by Andrea Orcel. [4] [5]
He attended Bates College in Lewiston, Maine graduating in 1973 with degrees in economics and mathematics, cum laude and in Phi Beta Kappa. [4] He went on to attend the University of Rochester for his M.B.A. in 1975. [4] [5]
Willit worked at Chase Manhattan Bank–a firm later absorbed to create JP Morgan Chase–during the 1970s, eventually rising to become a Vice President at the firm. [4] While at Chase, he worked primarily in their financial policy division. [6] [4] He first joined Merrill Lynch & Co. in 1992, working in their New York City offices as director of financial planning. [4] He was appointed the chief financial officer (CFO) of the firm from 1993 to 1998 after which he was asked to serve as the chief operating officer (COO) Merrill Lynch's European operations. [1] [5] [3] [2] [7]
Willett lives in Ridgewood, New Jersey with his wife, Janice and three children. [4] On January 18, 2012, he donated $3.5 million to the University of Rochester to fund scholarships and faculty positions. [8]
Sallie L. Krawcheck is the former head of Bank of America's Global Wealth and Investment Management division and is currently the CEO and co-founder of Ellevest, a digital financial advisor for women launched in 2016. She has been called "the most powerful woman on Wall Street."
E-Trade Financial Corporation, a subsidiary of Morgan Stanley, offers an electronic trading platform to trade financial assets. The company receives revenue from interest income on margin balances, commissions for order execution, payment for order flow, and management services.
John Alexander Thain is an American financial executive and investment banker. He served as president and co-COO of Goldman Sachs, and then CEO of the New York Stock Exchange. Thain then became the last chairman and CEO of Merrill Lynch & Co. before its merger with Bank of America. He was designated to become president of global banking, securities, and wealth management at the newly combined company, but resigned on January 22, 2009. Ken Lewis, CEO of Bank of America, reportedly forced Thain to step down after several controversies, such as the losses at Merrill Lynch which proved to be far larger than previously estimated, and the award of huge executive bonuses. Thain then served as chairman and CEO of the CIT Group. He is currently a board member of Uber, appointed by former Uber CEO Travis Kalanick on September 29, 2017.
Richard Severin Fuld Jr. is an American banker best known as the final chairman and chief executive officer of investment bank Lehman Brothers. Fuld held this position from the firm's 1994 spinoff from American Express until 2008. Lehman Brothers filed for bankruptcy protection under Chapter 11 on September 15, 2008, and subsequently announced the sale of major operations to parties including Barclays Bank and Nomura Securities.
Merrill Lynch & Co., formally Merrill Lynch, Pierce, Fenner & Smith Incorporated, was a publicly-traded American investment bank that existed independently from 1914 until January 2009 before being acquired by Bank of America and rolled into BofA Securities.
Earnest Stanley O'Neal is an American business executive who was formerly chairman and chief executive of Merrill Lynch having served in numerous senior management positions at the company prior to this appointment. O'Neal was criticized for his performance during his tenure as chief executive at Merrill Lynch, where he oversaw the deterioration of the firm's stability and capital position, which resulted in his ouster in September 2007, and the firm's eventual fire sale to Bank of America one year later. Prior to his tenure as chairman and CEO, Merrill Lynch had thrived as a stand-alone company since 1914.
Nelson Joosuk Chai is an American investment banker and financial executive. He formerly served as the chief financial officer of American financial services company Merrill Lynch and briefly as Bank of America's president for the Asia-Pacific region. He is the former president of CIT Group and reported directly to then CEO John Thain. On August 21, 2018, it was announced that Chai has been hired as the chief financial officer of Uber.
Robertson Stephens is a wealth management firm serving high net worth individuals and family offices. The firm is registered with the United States Securities and Exchange Commission as an investment advisor.
Sergio Pietro Ermotti is a Swiss manager and investment banker. In April 2021, Ermotti was elected Chairman of Swiss Re, one of the world's largest reinsurance companies, succeeding Walter Kielholz. He was the Group Chief Executive Officer (CEO) of UBS Group AG from November 2011 to October 2020 and regained that position in 2023.
Merrill, previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and once occupied the entire 34 stories of 250 Vesey Street, part of the Brookfield Place complex in Manhattan. Merrill employs over 14,000 financial advisors and manages $2.8 trillion in client assets. The company also operates Merrill Edge, a division for investment and related services, including call center counsultancy.
Laurence A. Tosi is an American entrepreneur, investor, and philanthropist. Tosi is currently a Managing Partner of WestCap Group, the investment firm he founded. In October 2020, it was reported that Tosi's firm was in the final stages of raising a $750 million fund and had received about $1.2 billion of investor interest to date. Prior to dedicating his time to WestCap, Tosi served as the chief financial officer of Airbnb and of The Blackstone Group and held several roles at BofA Merrill Lynch.
Anthony Noto is an American businessman, the CEO of SoFi, and the former COO of Twitter.
Thomas C. Naratil is an American business executive in the financial industry. After serving as president of both UBS Wealth Management Americas and UBS Americas since early 2016, Naratil was appointed CEO of UBS Americas Holding LLC and became co-president of Global Wealth Management of UBS Group AG and UBS AG in early 2018.
Andrea Orcel is Group CEO of UniCredit. He previously served as the president of UBS Investment Bank from November 2014 to September 2018. He was poised to take on the role of Chief Executive of Banco Santander from September 2018 to January 2019; however, the job offer was later withdrawn which resulted in him taking legal action against Santander. In December 2021 a judge awarded him €68m in compensation, including €10m for moral damages. Since early 2020, Orcel has been linked to taking over as CEO at a variety of financial institutions including starting his own boutique investment bank, before taking the role of Group CEO at UniCredit.
Jennifer Piepszak is an American financial executive and has been the Chief Financial Officer (CFO) of JPMorgan Chase since May 1, 2019. Her appointment was announced on April 17, 2019. She succeeded Marianne Lake, who was the CFO since 2012. Barron's named Piepszak one of the 100 Most Influential Women in U.S. Finance. Crain's New York named Piepszak the No. 2 Most Powerful Women in New York in 2019. American Banker named Piepszak the No. 4 Woman to Watch in 2018.
Ahmass Fakahany is an Egyptian-European/International businessman. He is the chief executive of the Altamarea Group, an American restaurant company he started in 2008 with Michael White. He had previously worked for Merrill Lynch for twenty-one years where he was ultimately made President and COO.
Mark Okerstrom is a Canadian lawyer and technology executive in the hospitality sector. He was the president and CEO of Expedia Group until December 4, 2019 when he was forced out by Barry Diller and the Expedia board. Mark them joined as president and COO of Convoy until the company ceased operations. As of October 18 it was announced that Convoy is winding down operations and has shut down abruptly. This follows multiple rounds of layoffs which have reduced the company from 1500 to fewer than 600 employees. Isidore, Chris. "Digital Startup Convoy Is Winding Down Its Freight Business". Wall Street Journal.Bishop, Todd. "From 'amazing heights' to sudden shutdown: Read the memo detailing Convoy's collapse". GeekWire.
Thomas Ludlow Chrystie II was an American banker who served as the first Chief Financial Officer of Merrill Lynch & Company and industry pioneer who created the Cash Management Account.
Gregory J. Fleming is an American business executive and investment banker. Currently, the CEO of Rockefeller Capital Management, Fleming is also a lecturer at Yale Law School in ethics and financial markets. He previously served as president and chief operating officer at Merrill Lynch, where he led several major mergers and acquisitions deals in the 2000s, including the $50 billion sale of Merrill Lynch to Bank of America. In 2010 he became president of Morgan Stanley Investment Management, then became president of Morgan Stanley Smith Barney in 2011. He was named the founding president and CEO of Rockefeller Capital in 2017.
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