James E. Cayne
Overview
On January 8, 2008, James E. Cayne notified the board of directors of The Bear Stearns Companies Inc. of his decision to retire from his position as chief executive officer of the Company effective immediately. Mr. Cayne retired from the Company effective January 8, 2008. Mr. Cayne will continue to serve as chairman of the board of directors of the Company. James E. Cayne, age 72, has been Chairman of the Board and Chief Executive Officer of the Company and Bear Stearns for more than the past five years. Mr. Cayne has served as a Director of the Company since 1985 and is a member of the Executive Committee. Mr. Cayne is not on the board of directors of any other public company.
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