Finance

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

Products You May Like

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.

Products You May Like

Articles You May Like

Capri and Tapestry abandon plans to merge, citing regulatory hurdles
Even U.S. presidents make mistakes with their money, author says. Here’s how some struggled
Young adults in Puerto Rico are struggling financially. Here’s what that means and why some return
Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds
China set to report retail sales and industrial production data for October

Leave a Reply

Your email address will not be published.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