Dan Simkowitz News Today

The outgoing CEO, now executive chairman of the Wall Street firm, told a conference at the Federal Reserve Bank of New York this week that cultural values are a critical element in any prospective merger or acquisition deal.

Gorman spent 14 years at the helm and is credited with transforming Morgan Stanley into a wealth management powerhouse

The shareholders approved all of managements proposals on Thursday including election of directors and approving executives pay

Morgan Stanley shares slide as Executive Chairman James Gorman announces resignation plans and concerns over executive pay awards surface amidst shareholder meeting outcomes.

When CEOs are chosen democratically.

Dan Simkowitz, Co-President of Morgan Stanley, will speak at the Annual Morgan Stanley European Financials Conference which will be held in London, UK on Wednesday, March 13, 2024 at 11:00 a.m. GMT...

Morgan Stanley's board awarded James Gorman a handsome 17% raise raise in 2023, making his salary for his last year as the bank's chief executive $37 million.

Former Morgan Stanley CEO draws praise for management transition as Ted Pick takes over in 2024.

Morgan Stanley Executive Chairman James Gormans compensation in his last year as CEO of the bank saw a 17 percent increase in 2023 to $37 million from $31.5 million in 2022.

NEW YORK (Reuters) -Morgan Stanley Executive Chairman James Gorman's compensation in his last year as CEO rose 17% to $37 million for 2023 from $31.5 million in 2022, the bank said in a filing on Friday. JPMorgan Chase CEO Jamie Dimon was awarded $36 million for 2023, and compensation details from rival banks will emerge in the coming weeks. Gorman became executive chairman on Jan. 1, handing over to new CEO Ted Pick.