Morgan Stanley Announces Ted Pick to Become Chairman on January 1, 2025
24 Outubro 2024 - 5:15PM
Business Wire
CEO Ted Pick was Elected by Board to Additional Position of
Chairman in 2025; James Gorman to Step Down as Chairman and Retire
from Firm at Year End
Morgan Stanley (NYSE: MS) today announced that Chief Executive
Officer Edward (Ted) Pick was elected by the Board of Directors to
the additional position of Chairman, effective January 1, 2025.
James Gorman will step down as Chairman and leave the Board as
expected at the end of 2024. Mr. Gorman will also retire from
employment at Morgan Stanley and be named Chairman Emeritus at that
time.
CEO and Chairman-elect 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.”
Chairman James Gorman said, “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 for nearly two decades, and I was blessed to work with so
many talented, hard-working and values-driven colleagues. I am
confident that with Ted’s tremendous leadership Morgan Stanley will
continue its strong trajectory to even greater heights and new
successes in the years ahead.”
Tom Glocer, Lead Director of the Board, said, “The Board is
profoundly grateful to James for the transformation of our Firm
under his leadership. Our Board benefited immensely from his
strategic vision, patient execution and focus on talent
development. Ted has proven to be an outstanding Chief Executive,
and as Chairman and CEO, he will continue to strengthen and grow
our world-class global franchise, attract top talent to our
platform and carry forward our culture and values.”
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
further information about Morgan Stanley, please visit
www.morganstanley.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241024168801/en/
Media Relations Contact: Wesley McDade, 212.761.2430 Investor
Relations Contact: Leslie Bazos, 212.761.5352
Morgan Stanley (NYSE:MS)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Morgan Stanley (NYSE:MS)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024