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ON THE MOVE: Morgan Stanley, JPMorgan Make Senior Management Changes

Traders Magazine Ted Pick and Andy Saperstein have been named Co-Presidents of Morgan Stanley, effective June 1, 2021. Pick leads Morgan Stanley’s Institutional Securities business and will now also be responsible for Morgan Stanley’s international operations and become the Co-Head of Firm Strategy and Execution. Saperstein leads Morgan Stanley’s Wealth Management business and will now be responsible for all Wealth Management channels. He will also assume responsibility for Firm-wide ...
United States City Of United Kingdom Morgan Stanley Jennifer Piepszak Verena Ross

Morgan Stanley defies bank diversity trend

Morgan Stanley defies bank diversity trend The leadership changes announced Thursday position a slate of potential successors to CEO James Gorman who are mostly white and male. May 20, 2021 4 MINS After years of talking about the need for more equality on Wall Street, two of the biggest banks just previewed what the finance industry’s next generation of leaders will look like. At Morgan Stanley, they’ll resemble the old guard. Chief Executive James Gorman unveiled his ...
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Morgan Stanley Taps 4 White Men As Candidates To Succeed James Gorman As CEO

by Tyler Durden Thursday, May 20, 2021 - 01:52 PM In a move apparently engineered to preempt shareholder concerns in the wake of JPMs succession-planning-oriented shakeup (CEO Jamie Dimon has said he wont retire for at least another five years, though he had a heart attack during the COVID crisis last March), Morgan Stanley is planing a similar move as CEO James Gorman positions two key lieutenants as possible successors. Ted Pick, Daniel Simkowitz, Andy Saperstein and Jon Pruzan Bloomberg repo...
Daniel Simkowitz Colm Kelleher James Gorman Dan Simkowitz Jon Pruzan Andy Saperstein

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Two Candidates Emerge at Morgan Stanley as Potential Successor to CEO Gorman

Author Bio Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group. Follow @BramBerko Two candidates have emerged as the front-runners to take over for CEO James Gorman when he eventually retires from  The investment bank and asset and wealth manager announced today that Ted Pick and Andy Saperstein will become co-p...
Morgan Stanley James Gorman Dan Simkowitz Jonathan Pruzan Andy Saperstein Morgan Stanley James Gorman
Source: fool.com

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