Morgan Stanley says Ted Pick will succeed James Gorman as CEO on Jan. 1

Finance

James Gorman, Morgan Stanley CEO, July 18, 2023.
CNBC

Morgan Stanley said Wednesday that Ted Pick will succeed James Gorman as CEO at the start of 2024.

Pick, a Morgan Stanley veteran who rose through the ranks to lead the bank’s Wall Street operations, will also join the bank’s board, the bank said in a release. Gorman will stay on at the bank as executive chairman.

This is breaking news. Please check back for updates.

Articles You May Like

‘Returnuary’ — after the peak shopping season comes the busiest return month of the year
Bitcoin ETFs offer a ‘traditional way to buy an untraditional asset,’ advisor says. Here’s what to know
How the Federal Reserve’s rate policy affects mortgages
Netflix secures U.S. rights to the FIFA Women’s World Cup in 2027, 2031
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

Leave a Reply

Your email address will not be published. Required fields are marked *