By Ben Glickman

 

Morgan Stanley named co-president Ted Pick as its next chief executive officer, effective Jan. 1.

James Gorman, current CEO, will step down and become executive chairman, the investment bank said.

 

Write to Ben Glickman at ben.glickman@wsj.com

 

(END) Dow Jones Newswires

October 25, 2023 17:53 ET (21:53 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Morgan Stanley (NYSE:MS)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Morgan Stanley Charts.
Morgan Stanley (NYSE:MS)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Morgan Stanley Charts.