Morgan Stanley CEO Ted Pick's pay set at $34 million for 2024
Ted Pick, Morgan Stanley's new CEO, will receive a compensation package worth $34 million in 2024, his first year in the role. This includes a salary, bonus, and equity awards.
Pick, a 30-year veteran of Morgan Stanley, earned $25 million in 2023, including a $1 million salary as co-president of the investment bank.
Morgan Stanley's former CEO, James Gorman, received compensation of $37 million in 2023, his last year at the helm. At the time, he was the highest-paid Wall Street bank CEO, ahead of JPMorgan Chase's Jamie Dimon, who received $36 million.