S. Parker Gilbert

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Born(1933-11-15)November 15, 1933
DiedMay 27, 2015(2015-05-27) (aged 81)
New York City, U.S.
Seymour Parker Gilbert III
S. Parker Gilbert
Born(1933-11-15)November 15, 1933
DiedMay 27, 2015(2015-05-27) (aged 81)
New York City, U.S.
EducationBuckley School
Hotchkiss School
Alma materYale University
TitleChairman of Board and President of Morgan Stanley
Board member ofBurlington Resources, ITT Corporation, ITT Industries, Morgan Stanley Group, Inc., the New York Stock Exchange, Taubman Centers, Inc., and Bessemer Securities, Pierpont Morgan Library, the Metropolitan Museum of Art, the Alfred P. Sloan Foundation and the Josiah Macy, Jr. Foundation.
ChildrenDavid Gilbert
ParentSeymour Parker Gilbert

Seymour Parker Gilbert III (November 15, 1933 – May 27, 2015) was Chairman of Board and President of Morgan Stanley from 1983 until 1990.

Group of eight

While Gilbert was the Chairman of Board and President of Morgan Stanley from 1983 until 1990, the number of employees at the firm grew from 2,600 to 6,800. Equity grew from $207 million to more than $2 Billion. Gilbert led the company through an initial public offering in 1986.[1] Gilbert joined Morgan Stanley in 1960 and became a partner in 1969. He became a managing director in 1970. In 1974, he became a member of the Management Committee.[2]

In 2005, Gilbert joined with seven other former partners of Morgan Stanley to form the 'Group of Eight'. The Group of Eight is widely credited[by whom?] with forcing the ouster of Philip J. Purcell and his replacement with John Mack.[citation needed]

Board of Directors and Trustees activity

Gilbert served on the board of directors of: Burlington Resources (1990–2001), ITT Corporation (1991–1995), ITT Industries (1995–1999), Morgan Stanley Group, Inc. (1986–1997), the New York Stock Exchange (1986–1990), Taubman Centers, Inc. (1992-2004), and Bessemer Securities. He also served on the board of trustees of: the Pierpont Morgan Library[3], the Metropolitan Museum of Art, the Alfred P. Sloan Foundation and the Josiah Macy, Jr. Foundation.[4]

Personal life

References

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