– USA, NY – Morgan Stanley (NYSE: MS) announced the election of current CEO Ted Pick to the additional position of Chairman of the Board of Directors, effective January 1, 2025, to replace James Gorman who will step down from the Board as expected at the end of 2024.
Ted Pick said, “Under James’ extraordinary leadership over the past 15 years, Morgan Stanley has become a world-class global financial institution with a long-term sustainable business model. He has transformed our institution and given it a winning strategy and culture. I would like to thank him for his dedication to our Firm and the guidance and counsel he has personally provided me over the years. I would also like to thank the Board for the confidence they have expressed in me.”
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management, and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions, and individuals.
For more: https://www.morganstanley.com/
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