David Sidwell, chief financial officer of Morgan Stanley and a key liaison to investors during the investment bank’s management crisis in 2005, is retiring at the end of the year, the Wall Street Journal reports.
Sidwell will be succeeded by 49-year-old Colm Kelleher, a Morgan Stanley veteran who is currently head of global capital markets. Christopher Carter, 57, now vice-chairman of institutional securities, will take Kelleher’s role in the capital markets post.