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james gorman
Disney broadens CEO search to external candidates to find Bob Iger's successor
Embattled media giant Disney is expanding its search for Bob Iger's successor beyond the the walls of the Magic Kingdom, according to a new report.
Disney names ex-Morgan Stanley CEO its next chairman, aims to pick Bob Iger successor in 2026
Gorman pledged on Monday that finding a successor to CEO Bob Iger is a "critical priority."
Disney puts Morgan Stanley's James Gorman in charge of finding Bob Iger's successor
Last year, Iger, who was the CEO from 2005 to 2020 before his 2022 reappointment, said he would extend his stay through 2026 and "definitely" step down when his contract...
Morgan Stanley's executive chairman stepping down at year's end
James Gorman spent 14 years at the helm and is credited with transforming the bank into a wealth management powerhouse.
Bank CEOs celebrate pay raises while junior bankers face another year of stingy bonuses
Bank bosses enjoyed pay hikes in 2023, while rank-and-file workers were handed another year of stingy bonuses, according to this week's round of earnings. Nowhere was that more evident than...
Morgan Stanley paid James Gorman $37M in last year as CEO
Morgan Stanley's board awarded James Gorman a handsome 17% raise in 2023, making his total compensation for his last year as the bank's chief executive $37 million. On top of...
Major threats to banks are 'stupidity of own management,' AI: Morgan Stanley CEO
James Gorman ripped banks' "stupidity of their own management" as one of the top threats facing Wall Street -- right alongside artificial intelligence.
Morgan Stanley gives all three CEO contenders, including successor Ted Pick, $20M bonuses
Morgan Stanley is reportedly giving the three contenders floated as outgoing boss James Gorman's successor special bonuses worth a whopping $20 million each -- including Ted Pick, who was officially...
Morgan Stanley's new potty-mouthed CEO is also a 'party animal': sources
Ted Pick, the financier named chief executive of the Wall Street giant on Thursday, is the “exact opposite” of outgoing CEO James Gorman, according to the insider.
Morgan Stanley names insider Ted Pick as CEO, ending months of speculation
Pick, who joined the company in 1990 and was promoted to Managing Director in 2002, leads the institutional securities division, home to investment banking and trading.
Foul-mouthed banker considered top contender to replace Morgan Stanley CEO
James Gorman has announced that he plans to retire next spring -- and a top contender to succeed him is the bank's notoriously foul-mouthed head of investment management.
Morgan Stanley shares fall on lack of CEO succession plans, weak Q3
CEO Gorman said the bank "is in excellent shape, notwithstanding the geopolitical and market turmoil that we find ourselves in," and added an announcement of his chosen successor is getting close.
Morgan Stanley CEO James Gorman to step down, hasn't named successor
“The specific timing of the CEO transition has not been determined, but it is the board’s and my expectation that it will occur at some point in the next 12...
How Morgan Stanley finally lured bankers back to office 5 days a week
The full return marks the end of a lengthy chapter in which Gorman tried unsuccessfully to lure workers back.
Morgan Stanley becomes latest bank to cut jobs as dealmaking slows
"Some people are going to be let go," CEO James Gorman said at the Reuters NEXT conference, without specifying numbers.
CEO pay jumps more than 15% as post-pandemic bonuses surge
A survey from advisory firm Willis Towers Watson found CEO salaries increased 2% in 2021, but bonuses were on average 39.5% higher for top executives than the year before, when...
Restaurants are 75% back to normal, but NYC offices still mostly empty
Desks are only 28.6% full when compared to their pre-pandemic levels, according to data as of last week.
Citigroup CEO Jane Fraser to get $22.5 million payday
Citigroup directors cited Fraser's ability to establish a clear set of priorities aimed at increasing long-term shareholder value among the reasons behind the compensation.
Goldman CEO David Solomon gets 27% pay bump to $35 million
Goldman Sachs Chief Executive Officer David Solomon will get a 27% raise in annual pay, bringing his total compensation for 2021 to $35 million, the bank said on Friday. The news on...
Morgan Stanley CEO James Gorman edges past Jamie Dimon with $35M payday
Gorman's 6% raise boosted his pay an extra $2 million in 2021 -- slightly besting Jamie Dimon who made $34.5 million