New York (Jan. 7, 2004) -- Following the recent appointment of John Thain as chief executive of the New York Stock Exchange, the Big Board is attempting to recruit former J.P. Morgan Chase & Co. head Dennis Weatherstone to become chairman.
According to published reports, the 73-year-old Weatherstone would succeed acting chairman John Reed, who has served in that capacity since September following the resignation of Richard Grasso.
Last month, Weatherstone was named to the NYSE board.
Grasso departed the exchange after his compensation package of $188 million was made public.
-- WebCPA staff
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access