Morgan Stanley says the head of technology for its wealth management unit, Chris Randazzo, has left the firm and been replaced by Sal Cucchiara.
“Sal is ideally suited to this role having a long history of leading large and complex technology organizations,” said wealth management co-heads Shelley O’Connor and Andy Saperstein, as well as technology head Robert Rooney, in a memo to advisors on Friday.
Cucciara moved to Morgan Stanley in late 2016. He was with Merrill Lynch from 1996 to 2007 and from 2009 to 2016; he spent the 2007-2009 period with Dun & Bradstreet, according to his LinkedIn profile.
“As head of wealth management technology, he will continue to oversee these initiatives, while also focusing on ensuring platform stability, speed, and cybersecurity,” the firm’s executives explained.