Morgan Stanley's new CEO Ted Pick's 2024 compensation set at $34 million
Investing.com -- Morgan Stanley (NYSE: MS )'s newly appointed CEO, Ted Pick, will receive a compensation of $34 million for the year 2024, according to a recent filing disclosed on Thursday. This marks Pick's first year leading the investment bank.
Pick, who has been with Morgan Stanley for three decades, received a total compensation of $25 million in 2023. This included a salary of $1 million in his role as co-president of the investment bank.
The former CEO of Morgan Stanley, James Gorman, was compensated with $37 million in his last year of leadership in 2023. This made Gorman the highest paid CEO among Wall Street banks at the time. JPMorgan Chase (NYSE: JPM )'s CEO, Jamie Dimon, trailed behind Gorman with a compensation of $36 million.
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