Stanley O'Neal
Stanley O'Neal
Earnest Stanley O'Nealis an American business executive who was formerly Chief Executive Officer and Chairman of the Board of Merrill Lynch & Co. Inc., having served in numerous senior management positions at the company prior to this appointment. O'Neal was criticized for his performance during his tenure as chief executive at Merrill Lynch, where he oversaw the deterioration of the firm's stability and capital position, which resulted in his ouster in September 2007, and the firm's eventual fire sale to...
Stanley O'Neal quotes about
achieve additional changed discipline hand incentives introduced nature performance personal portfolio research risk strong takes terms within
He's changed compensation plans, changed the nature of incentives for portfolio managers, introduced additional discipline in terms of how research was done and how risk was managed within the portfolios, and he takes a very strong personal hand in how we achieve our performance goals.