Morgan Stanley's straight-talking new CEO Ted Pick taking charge
Ted Pick, the incoming CEO of Morgan Stanley, is known for his success in navigating market cycles and his ability to build long-term relationships.
Source: livemint.com
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Morgan Stanley's straight-talking new CEO Ted Pick taking charge
When Ted Pick takes over as the new CEO of Morgan Stanley next week, the three-decade bank veteran's frank manner and steady hand will help him steer the firm through a dealmaking slump. Pick's cool head in difficult situations is an asset, said Tom Glocer, Morgan Stanley's independent lead director since 2017 and former Reuters CEO. "The great sin that gets people into super trouble at banks is the trader's instinct to hold on (to losing positions)... Ted has that ability to be disciplined" and take action, Glocer said.
Source: yahoo.com