Morgan Stanley loses head of global corporate affairs

NEW YORK: Morgan Stanley confirmed this week that former MD and head of global corporate affairs Raymond O?Rourke left the firm late last month.

NEW YORK: Morgan Stanley confirmed this week that former MD and head of global corporate affairs Raymond O?Rourke left the firm late last month.

MS spokesperson Andrea Slattery said that O'Rourke left because "he decided that he was going to pursue other opportunities outside of the firm."

O'Rourke, who joined MS in 1999, was the head of media relations for the financial services giant. His duties will be assumed by others at the firm, but no single replacement for his position has been announced.

The firm declined to comment on whether O'Rourke had found a new job, and he was unavailable for comment before press time.

His departure comes at a time of drastic personnel changes at the firm, which spent much of the spring weathering public attacks on the leadership of former CEO Phillip Purcell. Since John Mack replaced Purcell at the end of June, several of Purcell's allies have left the company.

Last month, former Burson-Marsteller CEO Tom Nides accepted a job as chief administrative officer at MS.

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