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Richard B. Fisher


Richard B. "Dick" Fisher (1936 – December 16, 2004) was president and chairman of the securities firm Morgan Stanley.

Fisher worked briefly as a trainee at the Insurance Company of North America, in Philadelphia, then took a job in retail sales at Eastman Dillon, Union Securities and Co.

In 1962 he received his Master's of Business Administration from Harvard Business School graduating as a Baker Scholar. Between his first and second year in that program, he worked at Morgan Stanley's New York City headquarters as an intern.

In 1970, Fisher was elected a managing director and partner at Morgan Stanley. He became president of the firm in 1984 and chairman in 1991. On February 5, 1997, he helped negotiate the $10 billion sale of the firm to Dean Witter, Discover & Co. (a.k.a. Dean Witter Reynolds), the spun off financial services business of Sears Roebuck.

Becoming Chairman Emeritus of Morgan Stanley Dean Witter & Co. in 2000, Fisher was removed from daily decision-making processes but continued to work with clients and assist with special issues, a position that allowed him to focus the majority of his energies on his longtime interests in education and the arts. He became a director of the , a trustee of Bard College and chairman of the boards of Rockefeller University and the Urban Institute. He also served as chairman of the Brooklyn Academy of Music Endowment Trust and the Tate Gallery American Fund as well as a trustee of Classroom, Inc. (a nonprofit organization that provides educational software to middle schools).


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