Morgan Stanley Worldwide Chairman Lacking After Sinking Yacht

Norman Ray

World Courant

This picture exhibits a coast guard boat with Italian fireplace boats and an Italian fireplace helicopter looking for six lacking passengers after recovering a sufferer from a sailboat that sank off the coast of Porticello, northwest of the island of Sicily, on August 19, 2024.

Alessandro Fucarini | Episode | Getty Photos

Morgan Stanley Worldwide Chairman Jonathan Bloomer is amongst these lacking after a luxurious yacht sank in a storm off the coast of Sicily on Monday.

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Sicily Civil Safety Company instructed reporters Monday evening that Bloomer and Clifford Likelihood lawyer Chris Morvillo have been amongst six folks nonetheless lacking. Clifford Likelihood declined to remark when contacted by CNBC.

Bloomer is chairman of Morgan Stanley Worldwide, the London-based arm of the funding banking large, a non-executive function he has held since 2016. He’s additionally chairman of insurance coverage firm Hiscox.

Hiscox CEO Aki Hussain stated Bloomer and his spouse Judy have been among the many lacking.

“We’re deeply shocked and saddened by this tragic occasion,” Hussain stated in a press release. A Morgan Stanley spokesman stated: “Our ideas are with all these affected, notably the Bloomer household, as all of us await additional information on this horrible scenario.”

British tech entrepreneur Mike Lynch and his 18-year-old daughter Hannah are additionally lacking as search and rescue efforts resume on Tuesday.

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The 56-metre sailboat “Bayesian” was hit by a violent storm at round 4am native time on Monday, with 10 crew and 12 passengers on board. The anchored vessel capsized close to the port of Porticello, and witnesses instructed native media that the boat was sinking quickly after its mast snapped.

One individual, the ship’s prepare dinner Ricardo Thomas, was confirmed lifeless by the Italian coast guard. Lynch’s spouse, Angela Bacares, was amongst 15 folks rescued.

Renato Schifani, president of the Sicilian area, visited the kids’s hospital in Palermo on Monday to see a one-year-old British lady and her mother and father, who had all been rescued from the ship.

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“My ideas are with all these affected and their households, however in the present day we’re additionally right here to testify that the solidarity and dedication of our well being employees and Civil Safety volunteers are a useful useful resource for our group,” Schifani stated in a press release, in keeping with a Google translation.

The occupants are believed to have been staff and enterprise associates of Lynch, the 59-year-old founding father of software program firm Autonomy.

Lynch was embroiled in a prolonged authorized battle with Hewlett Packard after the US tech large accused him of inflating the worth of Autonomy in an $11 billion sale.

Final yr, he was extradited from Britain to the US to face trial on the HP prices. In June, Lynch was acquitted of fraud prices after a three-month trial.

— CNBC’s Ryan Browne contributed to this story.

Morgan Stanley Worldwide Chairman Lacking After Sinking Yacht

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