Morgan Stanley CEO James Gorman announces plans to resign
The company has identified three “very strong senior internal candidates” to take over the role.
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The company has identified three “very strong senior internal candidates” to take over the role.
Morgan Stanley CEO James Gorman plans to step down within a year but stay on as executive chairman, drawing to a close 13 years in the role during which he built the Wall Street firm into a wealth management powerhouse.
We're disappointed to see James Gorman go but have full confidence in the bank going forward — and see a potential buying opportunity.
Morgan Stanley’s James Gorman plans to step down as chief executive in the next 12 months and assume the role of executive chairman.
James Gorman, who became CEO at the beginning of 2010, said early in the year that there are three finalists to take over when he leaves.