What Will John Mack Be Doing With His Downtime?


Sleeping late, stepping on grapes, and attending Cher concerts-- as a VIP, natch-- mostly.

As Mr. Gorman continues to get his stride, he will have Mr. Mack peering over his shoulder as chairman for at least the next two years. Mr. Mack says he's looking forward to spending more time at his Tuscan vineyard and shows off a picture of himself standing beside Cher backstage in Las Vegas, as well as other mementos from a 40-year career. "I really like my new role," he says. "I didn't come to work until 9:30 today!"

James Gorman's Challenge At Morgan Stanley [NYT]