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This year Morgan Stanley has trimmed thousands of jobs from its headcount, and has seen its share price slip by more than 17% so far this year. Morgan Stanley is not alone in its troubles.
Edward "Ted" Pick (born October 31, 1968) is an American business executive who became the CEO of Morgan Stanley on January 1, 2024, following James P. Gorman, who remained executive chairman of the board. On January 1, 2025, Pick will succeed Gorman as chairman of the board of Morgan Stanley. [1] [2] [3]
He has been executive chairman of Morgan Stanley since 2012, and was CEO of the firm from 2010 through 2023. Before becoming CEO, he was the co-president and co-head of strategic planning at the firm. [3] [4] Starting in January 2025, he will become chairman of The Walt Disney Company. [5] [6]
Morgan Stanley [4] is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan, New York City.With offices in 41 countries and more than 90,000 employees, the firm's clients include corporations, governments, institutions, and individuals. [2]
Pick, a Morgan Stanley veteran who rose through the ranks to lead the bank’s Wall Street operations, will report for duty as the company’s chief executive starting Jan. 1, 2024. He will also ...
(Reuters) -Morgan Stanley said on Thursday CEO Ted Pick would be its next chair succeeding James Gorman, who has been tapped to head the board at Walt Disney after he steps down as executive chair ...
Outgoing Morgan Stanley CEO James Gorman, who saved the company after the 2008 financial crisis, gives himself an A– for his 14-year tenure Paolo Confino January 4, 2024 at 4:19 PM
While CEO of Morgan Stanley in 2006, Mack earned a total compensation of $41,399,010, which included a base salary of $800,000, stocks granted of $36,179,923, and ...