David Komansky

David H. Komansky (born 1939 in Mount Vernon, New York) is the former chairman and CEO of Merrill Lynch & Company.[1]

Career

Komansky grew up in a family of Russian Jewish immigrants and Irish Catholics. He joined the U.S. Coast Guard before attending the University of Miami in 1965. Komansky joined Merrill Lynch in 1968 as a broker and became a regional director in 1981 and an executive vice president in 1990. Komansky also served as a director and chief executive officer of Merrill Lynch from December 1996 to December 2002, and as a director, president and chief operating officer of Merrill Lynch from January 1995 to December 1996.

Komansky retired as chairman from Merrill Lynch in April 2003 after spending 35 years at the firm. Upon his announcement of retirement, John Gutfreund, who ran investment bank Salomon Brothers in the 1980s, said, "David Komansky has been one of the major contributors to the financial community's progress throughout the world during his tenure at Merrill Lynch.

Among many professional affiliations, he serves as a director of BlackRock and as a member of the International Advisory Board of the British American Business Council. He is also a member of the board of directors of London-based WPP Group, a business conglomerate.

Komansky has sat on the board of trustees of New York-Presbyterian Hospital of since 2001.[2] In July 2005, the Phyllis and David Komansky Center for Children's Health was established at New York-Presbyterian Hospital Weill Cornell campus to make medical care more accessible, advanced, and supportive of the needs of young patients and their families.

Personal life

He is married to wife Phyllis and has two daughters, Jennifer and Elyssa.

Footnotes
  1. "Leadership Lessons: An Interview with David H. Komansky, Former Chairman and Chief Executive Officer, Merrill Lynch & Co., Inc.," Leaders Online, Oct. 4, 2013.
  2. "Hospital Leadership - Board of Trustees". New York Presbyterian. Retrieved 7 July 2019.
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