David Heleniak Joins Morgan Stanley as Vice Chairman
May 4 2005 | New York
Morgan Stanley (NYSE: MWD) announced today Shearman &
Sterling senior partner [CEO] David Heleniak will join the firm as a vice chairman, managing
director and member of the firm's management committee, reporting to Chairman and Chief
Executive Officer Philip J. Purcell. Prior to becoming senior partner at Shearman & Sterling, Mr.
Heleniak, headed the firm's highly-regarded Mergers and Acquisitions Group. At Morgan
Stanley, he will have a broad mandate encompassing work at the senior-most levels with clients,
regulators and other key constituencies around the world, as well as with the firm's senior
management team on issues of policy and direction, external and government affairs, and legal
and regulatory matters.
"We are very proud and happy that David is joining Morgan Stanley," said Mr. Purcell, "We have
known and worked with him on some of the largest, most complex and industry-defining
transactions of our time, and we have long admired his intellect, his commitment to excellence
and his dedication to his clients. For these reasons, and for many others, we know he will fit in
very well at Morgan Stanley."
"It seems a natural evolution of our strong, long standing relationship with Shearman & Sterling
that one of their leaders should become one of ours," Mr. Purcell said. "We have looked to
Shearman & Sterling for strategic advice on important matters for many years, including on our
going public transaction. The firm is a global force in capital markets, M&A, litigation and other
areas and many of its lawyers are leaders in their practices."
"After 31 years, it is very difficult for me to leave Shearman & Sterling," said Mr. Heleniak, "but
Morgan Stanley is a remarkable institution which I have held in regard for the more than 20 years
I have worked with them as a client. I am honored to join the firm."
Mr. Heleniak joined Shearman & Sterling in 1974. From 1977 to 1979, he served the United
States Government in the Department of the Treasury, first as Executive Assistant to the Deputy
Secretary and subsequently as Assistant General Counsel (Domestic Finance). From 1981 to
1984, he headed the firm's Hong Kong office where he represented, among others, China
National Coal Development Corporation in the first major joint venture completed by a Chinese
entity with a US partner.
Mr. Heleniak represented Citicorp in its merger with Travelers Group, Sandoz in its merger with
Ciba-Geigy to form Novartis, Alex.Brown in its merger with Bankers Trust, Viacom in its
acquisitions of Paramount and Blockbuster, Enova in its merger of equals transaction with Pacific
Enterprises (forming Sempra Energy), the Special Committee of the Board of Molson on its
merger with Coors, Thomson in its joint acquisition of Harcourt General and its acquisitions of
Primark and West Publishing, Minorco on its merger with Anglo American, Adobe Systems in its
acquisition of Aldus, NBC in the forming of its joint venture with Microsoft forming MSNBC
and General Electric in its sale of its position in GEIS to Ameritech.
In addition to his practice at Shearman & Sterling, Mr. Heleniak served from 1987 to 1993 as
President of The MacDowell Colony, Inc., a not-for-profit artist colony located in Peterborough,
New Hampshire. He is also a member of the Boards of Directors of the New York City
Partnership, The Council for the United States and Italy, The Legal Aid Society, The Japan
Society and the New York City Ballet, a member of the Council on Foreign Relations and a
corporate partner of In Motion, a pro bono organization providing legal assistance to indigent
Morgan Stanley is a global financial services firm and a market leader in securities, investment
management and credit services. With more than 600 offices in 28 countries, Morgan Stanley
connects people, ideas and capital to help clients achieve their financial aspirations.
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