Ex-Morgan Stanley firm president and chairman dies


Sad to report - but he clearly lived long and prospered.

Robert H.B. Baldwin, who guided Morgan Stanley through a period of rapid growth and expansion into trading, money management and mergers and acquisitions, has died. He was 95.

Bloomberg News reports that he died January 3 at Stonebridge at Montgomery, a nursing facility in Skillman, New Jersey, his son, Robert Baldwin Jr., said Tuesday in a telephone interview. The cause was pneumonia.

Baldwin led Morgan Stanley from 1973 to 1983, first as president and then as chairman. He “is credited with bringing Morgan Stanley into the modern era,” the bank says in its online history, by seeing that sales and trading would “be the key to the firm’s future growth.”

To access the complete Bloomberg News article hit the link below:

Robert H.B. Baldwin, Who Led Morgan Stanley’s Growth, Dies at 95

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