Ted Pick to add Chairman role at Morgan Stanley; James Gorman retires as Chairman

MORGAN STANLEY

CEO Ted Pick elected to additional role of Chairman, effective Jan 1, 2025.
James Gorman steps down as Chairman and leaves Board at year-end; named Chairman Emeritus.
Gorman to serve as non-employee advisor through 2026 with $400,000 annual fee plus benefits.
Gorman's 14-year CEO tenure highlighted; Pick thanks Gorman for guidance.

item 8.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

James Gorman

Chairman

MS · MORGAN STANLEY

Effective: 2025-01-01
Successor: Ted Pick
Filed: October 24, 2024, 7:59 PM ET

non-director honorary designation, effective January 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.85

James Gorman retired as Chairman at MORGAN STANLEY.

Action: retired
Role: Chairman

Exact text from the filing

non-director honorary designation, effective January 1, 2025.

View on SEC.gov

MORGAN STANLEY filing history →

Source: SEC EDGAR

accession 0000950103-24-015350

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