secwatch.observer — SEC 8-K summary
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Issuer:     MORGAN STANLEY (MS)
CIK:        0000895421
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0000950103-24-015350
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/895421/000095010324015350/0000950103-24-015350-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/895421/000095010324015350/dp219753_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-015350

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer