In the late 1970s, Stanley O'Neal joined Merrill Lynch as an investment banker. Profiles O'Neal climbing Merrill CEO. O'Neal put Merrill through a comprehensive restructuring program to reduce costs and a significant reduction in the labor force. As CEO, O'Neill faces the challenge of changing the signature of "Mother Merrill" culture in the performance-driven and meritocratic one, while in front of resistance and criticism from within Merrill and Wall Street. Provides financial data and ratings Merrill investment banking. Teaching Purpose: To demonstrate leadership at the executive level, highlighting the career person of color. In addition, to focus on the change in corporate culture and CEO succession. "Hide
by David Thomas, Ayesha Kanji Source: Harvard Business School 20 pages. Publication Date: August 25, 2004. Prod. #: 405029-PDF-ENG
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