Barclays poaches JP Morgan’s Morzaria as new finance chief

Leave a comment

July 16, 2013 by apicomely

Mitsubishi UFJ Lease & Finance Co Ltd (8593.T)

Chart for 8593.T

Morzaria is chief financial officer of corporate and investment banking (CIB) at JP Morgan Chase, where he has spent most of his career. JP Morgan praised Morzaria’s “analytical ability, combined with his calm, steady demeanor” and said it would appoint his successor in the coming days. The move ends Barclays’ lengthy search for a finance director, after it said in February that Chris Lucas would step down after six years in the role. Morzaria, 44, will be paid a salary of 800,000 pounds and can earn an annual bonus of up to 2 million pounds and a long-term share award of up to 3.2 million.

Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here .

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: