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Morgan Stanley Says Ted Pick to Become Chairman of Board
Dive Deposits: Morgan Stanley chair may be a great gig. But emeritus is where it’s at.
Ted Pick was named to succeed James Gorman in the role. But in its grand tradition of cake and eating, the bank retained Gorman as a non-employee adviser and will pay him $400,000 a year through the end of 2026.
Morgan Stanley board names CEO Ted Pick its chair
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 of the Wall Street titan at the end of the year.
Pick to chair Morgan Stanley as Gorman retires from the board
It is time to hand the reins to the next generation of exceptional talent at Morgan Stanley. It has been an honor and a privilege to have led and been part of Morgan Stanley fo
3h
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Morgan Stanley Marks End of the James Gorman Era
After nearly a decade and a half, the era of James Gorman atop Morgan Stanley is coming to a close. The bank said on Thursday ...
9d
Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
Morgan Stanley's profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, ...
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