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Today: March 29, 2025
Today: March 29, 2025

Morgan Stanley to pay one-time stock awards for its top three executives

FILE PHOTO: A screen displays the trading information for Morgan Stanley on the floor of the NYSE in New York
April 26, 2024
Reuters - Reuters

(Reuters) - Morgan Stanley on Friday disclosed it would pay one-time stock awards to three top executives, including incoming CEO Ted Pick.

The awards for Pick, Andy Saperstein and Dan Simkowitz reflect fair value of $20 million each, according to a regulatory filing with the U.S. Securities and Exchange Commission.

(Reporting by Tatiana Bautzer and Lananh Nguyen in New York and Manya Saini in Bengaluru; Editing by Anil D'Silva)

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