Morgan Stanley has hired Francis P. Barron, says the New York Times.  The company announced yesterday that the Cravath, Swaine and Moorepartner will come on board as its chief legal officer.  He will replace Gary Lynch, but Lynch will remain a Stanley vice chairman at its London office.  Barron’s hiring is one in a chain resulting from a recent management shake-up under new CEO, James Gorman.

At Cravath, Barron worked in the firm’s Litigation Department, with a practice focused on antitrust and securities, arbitration, regulatory, and merger and acquisition matters.  He has represented a number of financial institutions, including Solomon Smith Barney, Citigroup, UBS AG, Goldman Sachs and Morgan Stanley.