Why Morgan Stanley Shares Are Falling Today - Morgan Stanley (NYSE:MS)
Morgan Stanley shares slide as Executive Chairman James Gorman announces resignation plans and concerns over executive pay awards surface amidst shareholder meeting outcomes.
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Morgan Stanley shares slide as Executive Chairman James Gorman announces resignation plans and concerns over executive pay awards surface amidst shareholder meeting outcomes.
James Gorman will cede his role as Morgan Stanley chairman at year-end, capping a nearly two-decade run at the firm in which he rescued it from the brink of failure and turned it into a wealth-management powerhouse.
Disney director James Gorman, on the board's succession planning committee, will step down as chair of Morgan Stanley after a smooth handover there.
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