Greg Fleming (businessman)
American business executive and investment banker From Wikipedia, the free encyclopedia
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 also a member of the trustee advisory board at Millennium Management, LLC.[7]
Greg Fleming | |
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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) |
Website | Biography at Rockefeller Capital Mgmt |
Early life and education
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]
Career
Summarize
Perspective
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]
Personal life
He and his wife Melissa together have three children.[9]
References
Further reading
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