Eileen Murray Named As Chairperson Of FINRA

Published On July 6, 2020

The FINRA Board of Governors unanimously elected Eileen Murray, former Co-CEO of Bridgewater Associates LP, to take over as Chairperson of Wall Street’s self-regulatory arm. Murray has served on FINRA’s Board of Governors since 2016 and succeeds William Heyman, effective at FINRA’s Annual Meeting in August. 

Prior to becoming one of the investment industry’s highest-ranking female executives, the 62-year-old earned a bachelor’s degree in accounting and an honorary doctorate degree from Manhattan College. Her career began in 1984 at Morgan Stanley where she held positions as Controller, Treasurer, and Chief Operating Officer. In 2002, she joined Credit Suisse as a Management and Executive Board member, before her promotion to Head of Global Technology, Operations, and Product Control. She returned to Morgan Stanley in 2005 as Head of Global Technology and Operations, while serving on its Management Committee. 

“Eileen Murray’s extensive senior leadership, operational, technology, and regulatory experience make her an ideal choice to chair our organization and help us continue to achieve our vital mission,” said FINRA Chief Executive Robert Cook. Murray first joined the Bridgewater hedge fund in 2009 and rose through the ranks to Co-CEO by 2011. “I am honored by the opportunity to lead the FINRA Board at such an important time for FINRA, the financial services industry, and the markets,” Murray said on her appointment and the board’s outlook.