Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Wednesday, November 14, 2007

NYSE's Thain Moves to Merrill

John Thain leaves the NYSE Euronext CEO position and moves to take the top job at Merrill Lynch.  Duncan Niederauer, co-COO and President of NYSE, is expected to become CEO.  Thain, a former Goldman Sachs executive, has a great deal of familiarity with mortgage bonds, a useful skill these days.  WSJ, Thain to Take Top Job at Merrill.

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