Peek Quits After Losing Out on Top Spot

Jeffrey Peek has stepped down from his post as president of href="http://www.ml.com/">Merrill Lynch Investment Managers after four years in that position and 18 years with the firm.

His decision to leave the firm comes only months after Stanley O’Neal had been named president and CEO of the firm in the long-awaited and hotly contested appointment.

Robert Doll, global CIO and co-head of MLIM Americas, will take over as president of MLIM, reporting to Michael Marks. Marks, who had been executive chairman of Merrill Lynch Europe, Middle East, and Africa, has also been appointed chairman of MLIM.

For reprint and licensing requests for this article, click here.
Money Management Executive
MORE FROM FINANCIAL PLANNING