Obituary
Richard Debs, Part of 2005 Morgan Stanley ‘Mutiny,’ Dies at 93
- He expanded the bank’s operations in Europe, Asia, Mideast
- Part of the ‘group of eight’ who pushed out CEO Philip Purcell
Richard Debs
Photographer: Ramin Talaie/BloombergThis article is for subscribers only.
Richard Debs, the founding president of Morgan Stanley’s international arm in the 1970s who later allied with other former executives to carry out a boardroom coup that ousted a CEO, has died. He was 93.
He died on Jan. 28 at his home in Providence, Rhode Island, according to a death notice in the New York Times as well as a statement by the American University of Beirut, where Debs, the son of a Lebanese immigrant, was chairman emeritus.