Who’s Next in Line at Merrill after Stan?
In its Sunday profile of 47-year-old Merrill vice chairman Bob McCann, the Times also takes a look at the jockeying for succession when Stan the Man decides to pack it in:
If he succeeds, Mr. McCann, 47, will improve his chances of climbing that final rung to the top of Merrill. While Mr. O’Neal, who is 54, has not indicated any intention to leave, on Wall Street it is never too early to gauge the political landscape. Other potential successors include Do Woo Kim and Gregory J. Fleming, who run the firm’s powerful investment banking and trading operations, or possibly Ahmass L. Fakahany, the chief administrative officer. Traditionally, Merrill’s president has been the heir apparent. Mr. O’Neal has chosen to hold that job himself - and may continue to do so, creating a quiet horse race.
Shrinking the Culture Gap at Merrill [NY Times]
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