Merrill Lynch in 2004 - Restructuring and Beyond |
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» Human Resource and Organization Behavior Case Studies Collection Please note: This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source. |
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ExcerptsBackground NoteCharles E. Merrill founded Charles E. Merrill & Co. on January 6, 1914 in New York City. After a few months, he was joined by his friend, Edmund C. Lynch. In 1915, the name of the firm was officially changed to Merrill Lynch & Co. In 1941, Merrill became the first Wall Street firm to publish an annual report... Merrill's Business groups
Restructuring under O'NealO'Neal, an African American, had joined Merrill as a director in the company's Investment Banking group in 1986. In the next few years, he managed diverse departments. David Komansky, former CEO of Merrill recognized his potential and groomed him as his successor...
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