Greg Fleming (businessman)

Gregory J. Fleming (born 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]

Greg Fleming
Born
Gregory James Fleming

1963 (age 59–60)
NationalityAmerican
EducationColgate University
Alma materYale Law School[1]
Occupation(s)Businessperson, investment banker, professor
Years active1988-present
EmployerRockefeller Capital Management (CEO)
WebsiteBiography at Rockefeller Capital Mgmt

Early life and education

Born in 1963,[7] 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

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.[7]

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.[21] That year, he assisted Anthony Scaramucci with selling SkyBridge Capital,[22] 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]

Personal life

He and his wife Melissa together have three children.[9]

References
  1. McLannahan, Ben (November 4, 2017). "'Rockefeller. I want that name out there again and again'". Financial Times. Retrieved February 19, 2021.
  2. Oran, Olivia (October 4, 2017). "UPDATE 1-Ex-Morgan Stanley exec Fleming in venture to set up wealth management firm". Reuters. Retrieved February 21, 2021.
  3. Smith, Randall (February 17, 2006). "Merrill Lynch's Keystone". Wall Street Journal. Retrieved February 19, 2021.
  4. Cox, Rob (December 14, 2009). "Banking on investing". Breakingviews (Reuters). Retrieved February 21, 2021.
  5. Craig, Susanne (January 13, 2011). "Gorman Shakes Up Morgan Stanley's Leadership". The New York Times. Retrieved February 21, 2021.
  6. Hoffman, Liz (October 4, 2017). "Derek Jeter's Banker Joins Rockefellers in New Wall Street Venture". Wall Street Journal. Retrieved February 21, 2021.
  7. Bowley, Graham; de la Merced, Michael J. (December 13, 2009). "Merrill Alumnus to Lead a Unit of Morgan Stanley". The New York Times. Retrieved February 19, 2021.
  8. Greg Fleming '85 Discusses Investing in Sustainable Companies, The Colgate Maroon News, April 18, 2019, retrieved July 15, 2022
  9. Gregory Fleming, Irish America, August 2010, retrieved July 15, 2022
  10. Lattman, Peter (October 29, 2007). "Merrill CEO Candidate Greg Fleming Is One Of Us". Wall Street Journal. Retrieved February 19, 2021.
  11. Lattman, Peter (February 17, 2006). "Merrill's Rainmaker a Lawyer By Training". Wall Street Journal. Retrieved February 19, 2021.
  12. Kennedy, Siobhan; Seib, Christine (May 12, 2008). "Greg Fleming cracks the whip again". The Sunday Times. Retrieved February 19, 2021.
  13. LaCapra, Lauren Tara (February 12, 2014). "Insight: Wall Street's most eligible banker Fleming waits for suitor". Reuters. Retrieved February 19, 2021.
  14. "Gregory J. Fleming, 37". Crain's New York Business. March 2001. Retrieved February 19, 2021.
  15. "Morgan Stanley Hires Ex-Merrill Executive Fleming". The New York Times. December 13, 2009. Retrieved February 21, 2021.
  16. Lucchetti, Aaron (December 14, 2009). "Morgan Stanley Hires Fleming". Wall Street Journal. Retrieved February 19, 2021.
  17. "Merrill names co-presidents; Kim leaves". Reuters. May 16, 2007. Retrieved February 19, 2021.
  18. "Morgan Stanley names Kelleher president; Fleming leaving bank: memo". Reuters. January 6, 2016. Retrieved February 21, 2021.
  19. Harper, Christine (December 13, 2009). "Morgan Stanley Hires Fleming to Oversee Investment Management". Bloomberg News. Retrieved February 21, 2021.
  20. Kouwe, Zachery (January 8, 2009). "Fleming Is Leaving Merrill Lynch to Go to Yale". The New York Times. Retrieved April 7, 2021.
  21. Baer, Justin (August 24, 2016). "Putnam Adds Ex-Morgan Stanley Executive Greg Fleming to Board". Wall Street Journal. Retrieved February 21, 2021.
  22. Bielski, Vincent (December 16, 2016). "Scaramucci Says Greg Fleming Advising on Possible SkyBridge Sale". Bloomberg News. Retrieved February 21, 2021.

Further reading
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