Career
Philip J. Purcell has been a leader in the financial services industry for over 30 years. He was the main architect of Dean Witter’s acquisition of Morgan Stanley in 1997, and was Chairman and CEO of the merged firm (known as Morgan Stanley) from 1997-2005. During that period, the market cap of Morgan Stanley increased from $23 billion to $64 billion. He previously served as Chairman and CEO of Dean Witter, Discover & Co., from 1986 to 1997. After leaving Morgan Stanley, Purcell formed Continental Investors LLC, a private equity firm.
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Famous quotes containing the word career:
““Never hug and kiss your children! Mother love may make your children’s infancy unhappy and prevent them from pursuing a career or getting married!” That’s total hogwash, of course. But it shows on extreme example of what state-of-the-art “scientific” parenting was supposed to be in early twentieth-century America. After all, that was the heyday of efficiency experts, time-and-motion studies, and the like.”
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