Nides had been chief operating officer at Morgan Stanley from 2005 to 2010, CEO of Burson-Marstellar and chief administration officer at Credit Suisse First Boston.
But he was well-known in the political world as well, having worked for former House speaker Tom Foley and then as chief of staff to former U.S. trade representative Mickey Kantor in the Clinton administration. He also managed the 2000 vice presidential campaign of Sen. Joseph Lieberman (I-Conn.) and was a major Hillary Clinton bundler in 2008.
In his new job at Morgan Stanley, Nides will be vice chairman, the bank’s announcement Tuesday morning said, focusing on “the firm’s global clients and other key constituencies around the world.”
Nides will be commuting to New York. His wife, Virginia Moseley, is a CNN vice president and deputy bureau chief in Washington, D.C.