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Morgan Stanley names Ted Pick as CEO

2023-10-26 05:53
Morgan Stanley on Wednesday named Ted Pick as its new chief executive officer, effective Jan. 1. Pick replaces
Morgan Stanley names Ted Pick as CEO

Morgan Stanley on Wednesday named Ted Pick as its new chief executive officer, effective Jan. 1.

Pick replaces James Gorman who will become the investment bank's executive chairman.

Gorman joined the Wall Street powerhouse in 2006, and has served as Morgan Stanley's head for over a decade.

(Reporting by Manya Saini in Bengaluru; Editing by Anil D'Silva)