Seymour Parker Gilbert III (November 15, 1933 – May 27, 2015) was Chairman of Board and President of Morgan Stanley from 1983 until 1990.
Career
While Gilbert was the Chairman of Board and President of Morgan Stanley from 1983 until 1990, the number of employees at the firm grew from 2,600 to 6,800. Equity grew from $207 million to more than $2 Billion. Gilbert led the company through an initial public offering in 1986.[1] Gilbert joined Morgan Stanley in 1960 and became a partner in 1969. He became a managing director in 1970. In 1974, he became a member of the Management Committee.[2]
Group of eight
In 2005, Gilbert joined with seven other former partners of Morgan Stanley to form the 'Group of Eight'. The Group of Eight is widely credited[by whom?] with forcing the ouster of Philip J. Purcell and his replacement with John Mack.[citation needed]