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1421 ET -- Morgan Stanley is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Chief Executive James Gorman said he is stepping... | May 19, 2023
James Gorman announced he will step down as Morgan Stanley chief executive officer after a 13-year stint.
Who's for Ted?
The chief executive of Morgan Stanley confirmed Friday he intends to step down from his role with the New York investment bank within a year.
Morgan Stanley Chief Executive Officer James Gorman told the investment bank’s shareholders on Friday that he will step down within the next 12 months.