Appointments and Management Shakeup

Halliburton names new president of its Western Hemisphere operations; Morgan Stanley appoints 184 new managing directors

Halliburton named longtime executive Casey Maxwell president of its Western Hemisphere operations effective February 1, while Morgan Stanley promoted 184 new managing directors worldwide.

Nathaniel Alexander Abaño January 16, 2026

Halliburton is one of the world’s leading providers of products and services to the energy industry. Image source: Halliburton / Facebook

American oilfield services company Halliburton on Wednesday named Casey Maxwell as president of its Western Hemisphere operations, effective Feb. 1, 2026, promoting the longtime executive as the group reshapes its regional leadership.

Maxwell, currently senior vice president for North America Land, will succeed Mark Richard, who will transition to a senior advisory role to chairman, president and CEO Jeff Miller.

Maxwell joined Halliburton in 2006 as a field associate in Odessa, Texas, and has since held senior roles across field sales, business development and area leadership, including overseeing operations in the Permian Basin and Argentina. He holds an architecture degree and an MBA from Texas Tech University.

Morgan Stanley

Morgan Stanley announced earlier this month the appointment of 184 new managing directors, marking one of its largest senior leadership promotions in recent years as the Wall Street bank strengthens its global franchise.

The newly named managing directors span investment banking, markets, wealth management, and investment management, reflecting the firm’s broad-based growth strategy across regions and business lines.
Morgan Stanley said the appointments recognize sustained performance, leadership, and client impact across its operations worldwide. The firm operates in 42 countries and serves corporations, governments, institutions, and individual investors globally. The promotions underscore Morgan Stanley’s continued investment in talent amid evolving market conditions and rising client demand.

Morgan Stanley beat fourth-quarter profit estimates, fueled by a 47% surge in investment banking revenue as M&A activity and debt underwriting soared.

The bank reported Thursday a quarterly profit of $2.68 per share, surpassing Wall Street expectations of $2.44, while annual revenue reached a record $70.65 billion. Equity trading hit new highs, and wealth management assets climbed to $9.3 trillion, nearing the $10 trillion long-term goal.

CEO Ted Pick noted the firm has excess capital but will remain patient with acquisitions amid a complex macroeconomic backdrop. Shares rose over 4% in morning trading following the results.