Morgan Stanley paid James Gorman $37M in last year as CEO
Morgan Stanley(MS) New York Post·2024-01-22 21:30
Morgan Stanley’s board awarded James Gorman a handsome 17% raise raise in 2023, making his total compensation for his last year as the bank’s chief executive $37 million.On top of his $1.5 million base salary, Gorman received a cash bonus of just under $9 million, according to a regulatory filing Friday reviewed by Bloomberg.Three-fourths of the 65-year-old bank boss’s bonus will be paid in deferred stock over the course of three years, per the filing, Bloomberg reported.Gorman’s compensation marks a 17% i ...