Joseph Willit Explained

Joseph Willett is an American investment banker who served as the chief financial officer (CFO) of investment bank Merrill Lynch & Co. from 1993 to 1998.[1] [2] [3] He would go on to serve as the chief operating officer (COO) Merrill Lynch's European operations from 1998 to 2002, succeeded by Andrea Orcel.[4] [5]

Early life and education

He attended Bates College in Lewiston, Maine graduating in 1973 with degrees in economics and mathematics, cum laude and in Phi Beta Kappa. He went on to attend the University of Rochester for his M.B.A. in 1975.

Career

Willit worked at Chase Manhattan Bank–a firm later absorbed to create JP Morgan Chase–during the 1970s, eventually rising to become a Vice President at the firm. While at Chase, he worked primarily in their financial policy division.[6] He first joined Merrill Lynch & Co. in 1992, working in their New York City offices as director of financial planning. He was appointed the chief financial officer (CFO) of the firm from 1993 to 1998 after which he was asked to serve as the chief operating officer (COO) Merrill Lynch's European operations.[7]

Personal life

Willett lives in Ridgewood, New Jersey with his wife, Janice and three children. On January 18, 2012, he donated $3.5 million to the University of Rochester to fund scholarships and faculty positions.[8]

See also

References

  1. News: Merrill Lynch Names Financial Officer. News. Bloomberg. February 6, 1998. The New York Times. November 15, 2018. en.
  2. News: Merrill Lynch Posts 47% Gain, Capping Wall Street's Best Year. McGeehan. Patrick. January 28, 1997. Wall Street Journal. November 15, 2018. en-US.
  3. Book: Smith, Winthrop H. Jr.. Catching Lightning in a Bottle: How Merrill Lynch Revolutionized the Financial World. May 20, 2014. John Wiley & Sons. 9781118967614. en.
  4. News: Willett '73 named chair of the Bates board. July 27, 2006. Bates Magazine. November 15, 2018. en.
  5. News: Merrill Lynch Buying Big British Securities Firm. Truell. Peter. July 22, 1995. The New York Times. November 15, 2018. en.
  6. News: Joseph Willett. Analysis Group. November 10, 2018.
  7. News: Meet Andrea Orcel: The consummate dealmaker. Partington. Richard. March 22, 2012. Financial News London. October 10, 2018. en-GB.
  8. Web site: Simon School alumni give $4.5 million. Koko. Charla. January 18, 2012. www.rochester.edu. November 15, 2018.