Morgan Stanley Names Ted Pick as Next Chief Executive

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Morgan Stanley Names Ted Pick as Next Chief Executive
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Pick will replace longtime CEO James Gorman, ushering in new era for Wall Street powerhouse

Morgan Stanley named Ted Pick as its next chief executive to replace longtime CEO James Gorman, ushering in a new era for the Wall Street powerhouse.

Pick, who leads Morgan Stanley’s investment-banking and trading operations, was one of three finalists selected as possible successors for Gorman, whoThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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