Who is James Gorman?

Thanks to Deal Journal for most of these:

Age: 51

Home Town: Melbourne, Australia

Money Quote: “I have a direct way of speaking. What I do is tend to lay out everything; I tend to tell people what I’m going to do and how I’m going to do it and what is success for us and what’s not. ….without being too parochial about it, I think Aussies are more direct. I find, having been here for 22 years, in this culture directness is well received but not practiced very much. It might not be just cultural, it might be just me. I think Americans are very verbal and Aussies are more circumspect and that can come across as being clearer. It can also come across as abrupt and cold. Some people find me to be abrupt and cold. That’s just my personal style.”

Education: Bachelor of Arts and Law degree from the University of Melbourne and an M.B.A. from Columbia University.

Family: Gorman is one of 10 children, most of whom still live in Australia. Gorman has a young daughter and son, and his wife is American. “I certainly have no regret living in the U.S.,” he told an interviewer in 2007. “The quality of life in Australia is good but it is bloody good here as wel.”

First hired at Morgan Stanley: In 2006, to run its individual investor unit.

Job before Morgan Stanley: He was Merrill Lynch’s brokerage chief. He helped transform Merrill’s once-clubby brokerage unit into a more-sophisticated operation by focusing on a more-affluent client base. Prior to joining Merrill Lynch, he was a senior partner at consulting firm McKinsey & Co. from 1992 to 1999.

Toughest Job at Morgan Stanley: He is credited with the nearly impossible task of integrating Citigroup’s Smith Barney brokerage unit with Morgan Stanley’s brokerage operations. Morgan Stanley bought 51% of Smith Barney from Citigroup for $2.5 billion in Jan. 2009 giving it control of the world’s largest brokerage force of 22,000 advisers.

New York Charity Scene: He was a Director of Graham-Windham, a New York City nonprofit child-welfare agency and Co-Chairman of the Metropolitan Museum of Art’s Business Committee.

Other Board Seats: Trustee of Columbia Business School and of the Spence and St. Bernard’s private schools in New York City.

And from the official press release, his progression at Morgan Stanley:

James P. Gorman, 51, has served as Co-President of Morgan Stanley for the past two years – overseeing the Firm’s Global Wealth Management business; Investment Management business, including the Merchant Bank; and Operations and Technology group, among others. Mr. Gorman joined Morgan Stanley in February 2006 as the President and Chief Operating Officer of the Global Wealth Management Group. In October 2007, Mr. Gorman took on the additional role of Co-Head of Strategic Planning with Chief Financial Officer Colm Kelleher, and assumed the Co-President role in November 2007. In January 2009, Mr. Gorman was named Chairman of the Morgan Stanley Smith Barney joint venture, which closed in June.

Now you know.

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