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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 Marketing globally. Dan Simkowitz, Head of Investment Management, will in addition be Co-Head of Fi...

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 biggest leadership change in over a decade, positioning a slate of potential successors that’s mo...

NEW YORK CITY (dpa-AFX) - Morgan Stanley (MS) announced key leadership changes, effective on June 1, 2021. It has appointed Ted Pick and Andy Saperstein as its Co-Presidents. Both executives are

Morgan Stanley (MS.N) announced a slew of leadership changes on Thursday, firing the starting gun on the competition to replace Chief Executive Officer James Gorman in the coming years.

by Tyler Durden Thursday, May 20, 2021 - 01:52 PM In a move apparently engineered to preempt shareholder concerns in the wake of JPM's succession-planning-oriented shakeup (CEO Jamie Dimon has said he won't 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 reports that Ted Pick, billed as "the architect of Morgan Stanley's trading revival," and Andy Saperst...