Under fire, Merrill’s O’Neal steps down
Chairman and chief executive E. Stanley O'Neal has also resigned from the BlackRock board of directors.
After days fevered speculation, Merrill Lynch & Co. Inc. chairman and chief executive E. Stanley O'Neal announced his departure from the company after nearly five years at the helm of the mega-financial services firm.
The resignation takes effect immediately.
He has also resigned from the board of
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