Mack hires a fourth from CSFB

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John Mack, newly-appointed chairman and chief executive of Morgan Stanley, has hired a fourth executive from former employer Credit Suisse First Boston, appointing Eileen Murray as head of global operations and technology.

She will join Morgan Stanley in October, The Wall Street Journal reports.

Murray worked for Mack at Morgan Stanley, where he was president until 2001, for 18 years.

When Mack became chief executive of CSFB, he hired her to become global head of technology there.

In the last fortnight, Mack has also recruited Thomas Nides as chief administrative officer, Gary Lynch as chief legal officer and Stuart Breslow as chief compliance officer of Morgan Stanley.

Nides and Breslow also worked for Mack at both Morgan Stanley and CSFB. Lynch worked with him at CSFB and was previously head of the Securities and Exchange Commission's enforcement division.

Mack stepped down from CSFB last year after his contract as chief executive and co-head of parent bank Credit Suisse Group was not renewed.

He was named chairman and chief executive of Morgan Stanley last month after Philip Purcell, his predecessor, was forced to resign after pressure from a group shareholders.

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