Morgan Stanley Hires Jay Dweck as Global Head of the Strategic Analytics, Modeling and Systems Group

Business Wire, Feb 12, 2007

NEW YORK -- Morgan Stanley (NYSE:MS) announced today that Jay Dweck will join the Firm as a Managing Director and Global Head of the Strategic Analytics, Modeling and Systems Group. He will be based in New York and report to Neal Shear and Jerker Johansson, Co-Heads of Institutional Sales and Trading.

In this new role, Mr. Dweck, 51, will oversee and help build the Strategic Analytics, Modeling and Systems Group, which will focus on creating and developing models and systems designed to maximize effectiveness in sales and trading. Mr. Dweck also will work closely with the Information Technology Department.

"We are delighted that Jay has decided to join the Firm," said Zoe Cruz, Co-President of Morgan Stanley. "He brings a wealth of knowledge and experience in analytical modeling and business solutions, which will help us grow our sales and trading businesses."

Mr. Dweck will join Morgan Stanley from Goldman Sachs where he worked since 1994, most recently as Head of Equities Strategies. During his time at Goldman Sachs, he was a Participating Managing Director and held several senior positions, including Head of Core Strategies.

Prior to joining Goldman Sachs, Mr. Dweck was president of 100% Software Solutions. He also was a vice president of Simulation Sciences Inc., president of JSD Simulation Service Company, a member of the MIT Energy Lab and vice president of Merix Corporation. He earned B.S., M.S. and Ch Eng degrees in Chemical Engineering and a B.S. in Math from the Massachusetts Institute of Technology. Mr. Dweck will join Morgan Stanley in August of 2007.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management, wealth management and credit services. The Firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 600 offices in 30 countries. For further information about Morgan Stanley, please visit www.morganstanley.com.