Board of directors (14)
Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.
Executive officers (9)
Company facts
- Chair
- Edward Pick
- In S&P 500 since
- Jul 1993
- Incorporated in
- DE
- Fiscal year ends
- December
- SEC industry
- Security Brokers, Dealers & Flotation Companies
- SEC filings
- EDGAR
Connections to other S&P 500 companies
Current directors and officers who also hold a role at another S&P 500 company.
Major holders (5% or more)
Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.
No 5% holder filings parsed yet for this company.
Insider trades
Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| Jul 28, 2026 | Mary L. Schapiro Director | Sale | 1,000 | $212.06 | $212K |
| Jul 17, 2026 | Michael A. Pizzi Head Technology & Operations | Sale | 17,064 | $215.00 | $3.7M |
| Jul 17, 2026 | Michael A. Pizzi Head Technology & Operations | Sale | 7,101 | $216.88 | $1.5M |
| Jul 16, 2026 | Sharon Yeshaya Chief Financial Officer | Sale | 6,382 | $222.51 | $1.4M |
| Jul 16, 2026 | Sharon Yeshaya Chief Financial Officer | Sale | 9,172 | $222.51 | $2.0M |
| Apr 20, 2026 | Eric F. Grossman Chief Legal/Admin Officer | Sale | 5,559 | $190.00 | $1.1M |
| Apr 20, 2026 | Eric F. Grossman Chief Legal/Admin Officer | Sale | 5,559 | $191.50 | $1.1M |
| Apr 17, 2026 | Daniel A. Simkowitz Co-President | Sale | 14,690 | $189.24 | $2.8M |
| Apr 16, 2026 | Andrew M. Saperstein Co-President | Sale | 3,190 | $191.30 | $610K |
| Apr 16, 2026 | Andrew M. Saperstein Co-President | Sale | 6,584 | $187.20 | $1.2M |
| Apr 16, 2026 | Andrew M. Saperstein Co-President | Sale | 33,541 | $188.37 | $6.3M |
| Apr 16, 2026 | Andrew M. Saperstein Co-President | Sale | 6,353 | $189.15 | $1.2M |
| Apr 16, 2026 | Andrew M. Saperstein Co-President | Sale | 1,400 | $190.44 | $267K |
| Apr 16, 2026 | Andrew M. Saperstein Co-President | Sale | 600 | $192.12 | $115K |
| Apr 16, 2026 | Mandell Crawley Chief Client Officer | Sale | 13,283 | $188.38 | $2.5M |
| Apr 16, 2026 | Mandell Crawley Chief Client Officer | Sale | 300 | $189.05 | $57K |
| Apr 16, 2026 | Mandell Crawley Chief Client Officer | Sale | 2,546 | $187.25 | $477K |
| Jan 30, 2026 | Daniel A. Simkowitz Co-President | Sale | 32,968 | $182.61 | $6.0M |
| Jan 20, 2026 | Sharon Yeshaya Chief Financial Officer | Sale | 15,838 | $185.77 | $2.9M |
| Jan 20, 2026 | Charles A. Smith Chief Risk Officer | Sale | 8,500 | $182.08 | $1.5M |
| Jan 20, 2026 | Andrew M. Saperstein Co-President | Sale | 1,900 | $182.63 | $347K |
| Jan 20, 2026 | Andrew M. Saperstein Co-President | Sale | 5,990 | $184.13 | $1.1M |
| Jan 20, 2026 | Andrew M. Saperstein Co-President | Sale | 6,810 | $184.94 | $1.3M |
| Jan 20, 2026 | Andrew M. Saperstein Co-President | Sale | 500 | $186.60 | $93K |
| Jan 20, 2026 | Andrew M. Saperstein Co-President | Sale | 11,430 | $181.85 | $2.1M |
Board and executive changes
Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.
- Jun 16, 2025
On June 14, 2025, the Board of Directors (“Board”) of Morgan Stanley (the “Company”) elected Lynn J. Good, the former Chair, Chief Executive Officer and President of Duke Energy Corporation, to the Board, effective July 18, 2025. The Board determined that Ms. Good is independent in accordance with the director independence standards established under the Company’s Corporate Governance Policies. Effective upon her election, Ms. Good will join the Audit Committee of the Board. Ms. Good will receive compensation as a non−employee director in accordance with the Company’s non−employee director compensation practices described in “Item 1 − Election of Directors: Corporate Governance Practices − Director Compensation” of the Company’s definitive proxy statement for its 2025 annual meeting of shareholders filed with the Securities and Exchange Commission on April 4, 2025.
Read the 8-K filing - May 16, 2025
At the 2025 Annual Meeting of Shareholders (the “Annual Meeting”) of Morgan Stanley (the “Company”) held on Thursday, May 15, 2025, shareholders approved the amended and restated Equity Incentive Compensation Plan (the “EICP”) to increase the number of shares of common stock available to be granted under the EICP by 50 million shares and to extend the term of the EICP for an additional three years. For a description of the terms and conditions of the EICP, as amended and restated as of March 31, 2025, see “Summary of the EICP as Proposed to be Amended and Restated” under “Item 4 – Company Proposal to Approve the Amended and Restated Equity Incentive Compensation Plan” in the proxy statement filed with the Securities and Exchange Commission on April 4, 2025 for the Annual Meeting (the “2025 Proxy”), which description is incorporated herein by reference.
Read the 8-K filing - Mar 28, 2025
On March 26, 2025, Raja Akram informed Morgan Stanley of his intent to resign from his position as Deputy Chief Financial Officer, Chief Accounting Officer and Controller to pursue another opportunity, subsequent to the fulfillment of the required notice period.
Read the 8-K filing - Dec 20, 2024
On December 19, 2024, Stephen Luczo tendered his resignation as a member of the Board of Directors (the “Board”) of Morgan Stanley (the "Company"), effective December 31, 2024. Mr. Luczo’s resignation was for personal reasons and was not due to any disagreement with the Company, the Company’s management, or the Board on any matter relating to the Company’s operations, policies or practices. In light of Mr. Luczo’s resignation from the Board and Mr. Gorman’s previously announced retirement from the Board, the Board will reduce its size from 15 directors to 13 directors, effective January 1, 2025.
Read the 8-K filing - Oct 24, 2024
Mr. Gorman has agreed to serve as a non-employee advisor to the Company beginning January 1, 2025 through the end of 2026, working with respect to matters in which the Company desires to benefit from the experience, expertise and relationships he developed over his 14-year Chief Executive Officer tenure to enhance Morgan Stanley’s business and impact globally. In connection with this engagement, the Board approved the following arrangement for the two-year term: an annual fee of $400,000, continuation of current health benefits, access to a car and driver, office and administrative support for Company business, and, pursuant to the Bylaws of the Company, in his capacity as advisor to the Company, rights with respect to the indemnification and advancement of expenses of directors and officers of the Company.
Read the 8-K filing - May 24, 2024
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. On May 23, 2024, Morgan Stanley (the “Company”) announced that James P. Gorman will step down as Executive Chairman and as a member of the Board of Directors of the Company, effective December 31, 2024.
Read the 8-K filing - Jan 19, 2024
On January 17, 2024, the Compensation Committee approved, effective retroactively from January 1, 2024, a new annual base salary of $1.5 million for Mr. Pick, the Firm’s CEO as of January 1, 2024. This salary adjustment is intended to bring Mr. Pick’s base salary in line with the base salary that was paid to Mr. Gorman as CEO. This Report on Form 8-K may contain
Read the 8-K filing - Dec 1, 2023
Morgan Stanley is deeply saddened to learn that Alistair Darling passed away on November 30, 2023. Mr. Darling had been a member of the Board of Directors (the “Board”) of Morgan Stanley since 2016, and was a member of both the Audit Committee and Risk Committee of the Board.
Read the 8-K filing - Oct 27, 2023
On October 25, 2023, the Board of Directors (the “Board”) of Morgan Stanley (the “Company”) announced that Edward (Ted) Pick will become the Company’s Chief Executive Officer, effective January 1, 2024. At such time, Chairman and Chief Executive Officer James P. Gorman will serve as Executive Chairman and will no longer serve in the capacity of Chief Executive Officer. The Board also announced that Co-President Andy Saperstein will also become the Head of Wealth and Investment Management, and that Dan Simkowitz will become Co-President of the Company and the Head of Institutional Securities, effective January 1, 2024. The Board determined that Mr. Pick is best suited to lead the Company following an orderly multi-year succession planning process. Mr.
Read the 8-K filing - Jan 9, 2023
On January 9, 2023, Morgan Stanley announced that Jonathan M. Pruzan, Executive Vice President and Chief Operating Officer, is retiring from his position effective January 31, 2023.
Read the 8-K filing - Nov 10, 2021
On November 10, 2021, the Board of Directors (“Board”) of Morgan Stanley (the “Company”) elected Erika H. James to the Board, effective January 1, 2022. The Board determined that Ms. James is independent in accordance with the director independence standards established under the Company’s Corporate Governance Policies. Ms. James will receive compensation as a non−employee director in accordance with the Company’s non−employee director compensation practices described in “Item 1 − Election of Directors: Corporate Governance Practices− Director Compensation” of the Company’s Annual Meeting Proxy Statement filed with the Securities and Exchange Commission on April 1, 2021. The Company’s related press release is attached as Exhibit 99.1 to this Current Report on Form 8−K and is incorporated by reference in its entirety.
Read the 8-K filing - May 21, 2021
On May 20, 2021, the Board of Directors of Morgan Stanley (the “Company”) appointed Edward N. Pick as Co-President of the Company, Andrew M. Saperstein as Co-President of the Company, Jonathan Pruzan as the Company’s Chief Operating Officer and Sharon Yeshaya as the Company’s Chief Financial Officer, each effective June 1, 2021. As Chief Financial Officer, Ms. Yeshaya will join the Operating Committee and will receive a base salary of $1 million, the same base salary as the outgoing Chief Financial Officer, and will receive the same benefits provided to other members of the Company’s Operating Committee. Mr. Pick, 52, has served as Head of Institutional Securities since July 2018. Previously, Mr. Pick served as Global Head of Sales and Trading from October 2015 to July 2018.
Read the 8-K filing - May 20, 2021
At the 2021 Annual Meeting of Shareholders (the “Annual Meeting”) of Morgan Stanley (the “Company”) held on Thursday, May 20, 2021, shareholders approved the amended and restated Equity Incentive Compensation Plan (the “EICP”) to increase the number of shares of common stock available to be granted under the EICP by 60 million shares, to extend the term of the EICP for an additional five years, and to remove references to Section 162(m) of the Internal Revenue Code that have become obsolete as a result of the Tax Cuts and Jobs Act . For a description of the terms and conditions of the EICP, as amended and restated as of March 26, 2021, see “Summary of the EICP as Proposed to be Amended and Restated” under “Item 4.
Read the 8-K filing - Dec 21, 2020
On December 21, 2020, the Compensation, Management Development and Succession Committee of the Board of Directors (“CMDS Committee”) of Morgan Stanley amended the long-term incentive program (“LTIP”) pursuant to which the CMDS Committee grants performance-based stock unit awards to key executives of the Company. For the past eleven consecutive years, the Company has granted a meaningful portion of annual compensation to key executives in the form of an LTIP award that delivers value if the Company achieves objective performance goals over a forward-looking three year period and that will remain unchanged. Previously, LTIP awards vested and converted to shares after three years only if the Company achieved predetermined performance goals with respect to return on equity and relative total shareholder return.
Read the 8-K filing - Oct 2, 2020
Appointment of Director The information set forth in the Introductory Note and
Read the 8-K filing
Show 13 older changes
- Sep 23, 2019
On September 20, 2019, the Board of Directors (“Board”) of Morgan Stanley (the “Company”) elected Stephen J. Luczo to the Board, effective October 1, 2019. The Board determined that Mr. Luczo is independent in accordance with the director independence standards established under the Company’s Corporate Governance Policies. Mr. Luczo will receive compensation as a non−employee director in accordance with the Company’s non−employee director compensation practices described in “Item 1 − Election of Directors: Corporate Governance Practices− Director Compensation” of the Company’s Annual Meeting Proxy Statement filed with the Securities and Exchange Commission on April 5, 2019. The Company’s related press release is attached as Exhibit 99.1 to this Current Report on Form 8−K and is incorporated by reference in its entirety.
Read the 8-K filing - Mar 28, 2019
On March 28, 2019, Morgan Stanley (the “Company”) announced that Colm Kelleher, President of Morgan Stanley, informed the Company of his decision to retire from his position effective June 30, 2019. After that date, Mr. Kelleher will become a Senior Advisor and will serve the Company on an as needed basis, working with key clients and as a consultant with respect to such other matters in which the Company desires to benefit from his experience and expertise, for a term of five years. Mr. Kelleher’s discretionary bonus compensation with respect to 2019 will be determined at the end of 2019 by the Compensation, Management Development and Succession Committee of the Board of Directors of the Company and will be paid in a combination of cash and deferred compensation and prorated to reflect the period during which he served as President. As Senior Advisor, Mr.
Read the 8-K filing - Jun 26, 2018
On June 21, 2018, the Board of Directors (“Board”) of Morgan Stanley (the “Company”) elected Mary L. Schapiro to the Board, effective July 1, 2018. The Board determined that Ms. Schapiro is independent in accordance with the director independence standards established under the Company’s Corporate Governance Policies. Ms. Schapiro will become a member of the Operations and Technology Committee, effective July 1, 2018. Ms. Schapiro will receive compensation as a non−employee director in accordance with the Company’s non−employee director compensation practices described in “Item 1 − Election of Directors: Corporate Governance Highlights− Director Compensation” of the Company’s Annual Meeting Proxy Statement filed with the Securities and Exchange Commission on April 6, 2018.
Read the 8-K filing - Jan 31, 2018
On January 31, 2018, Erskine B. Bowles retired from Morgan Stanley’s Board of Directors, effective February 1, 2018. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MORGAN STANLEY (Registrant) By: /s/ Martin M. Cohen Name: Martin M. Cohen Title: Corporate Secretary Date: January 31, 2018
Read the 8-K filing - Oct 26, 2017
On October 25, 2017, the Board of Directors (the “Board”) of Morgan Stanley (the “Company”) elected Elizabeth Corley to the Board, effective January 1, 2018. The Board determined that Ms. Corley is independent in accordance with the director independence standards established under the Company’s Corporate Governance Policies. Ms. Corley will receive compensation as a non-employee director in accordance with the Company’s non-employee director compensation practices described in “Item 1 − Election of Directors: Corporate Governance Highlights − Director Compensation” of the Company’s Annual Meeting Proxy Statement filed with the Securities and Exchange Commission on April 7, 2017. The Company’s related press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference in its entirety.
Read the 8-K filing - May 22, 2017
At the 2017 Annual Meeting of Shareholders (the “Annual Meeting”) of Morgan Stanley (the “Company”) held on Monday, May 22, 2017, shareholders approved the amended and restated Equity Incentive Compensation Plan (the “EICP”) to increase the number of shares of common stock available to be granted under the EICP by 50 million shares, to extend the term of the EICP for an additional five years, and to re-approve, for purposes of Section 162(m) of the Internal Revenue Code, the performance criteria set forth in the EICP. For a description of the terms and conditions of the EICP, as amended and restated as of March 30, 2017, see “Summary of the EICP as Proposed to be Amended and Restated” under “Item 5.
Read the 8-K filing - Apr 21, 2017
On April 21, 2017, Klaus Kleinfeld resigned from Morgan Stanley’s Board of Directors, effective immediately, and will not be standing for election at Morgan Stanley’s Annual Meeting of Stockholders on May 22, 2017.
Read the 8-K filing - Oct 28, 2016
On October 28, 2016, Morgan Stanley (the “Company”) announced that James A. Rosenthal, Executive Vice President and Chief Operating Officer of the Company, would be leaving his position at the end of 2016, at which point he would become a senior advisor to the Company.
Read the 8-K filing - Jul 26, 2016
On July 25, 2016, the Board of Directors (the “Board”) of Morgan Stanley (the “Company”) elected Dennis M. Nally to the Board, effective October 1, 2016. The Board determined that Mr. Nally is independent in accordance with the director independence standards established under the Company’s Corporate Governance Policies. Mr. Nally will receive compensation as a non-employee director in accordance with the Company’s non-employee director compensation practices described in “Item 1 − Election of Directors − Corporate Governance Highlights − Director Compensation” of the Company’s Annual Meeting Proxy Statement filed with the Securities and Exchange Commission on April 1, 2016. The Company’s related press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference in its entirety.
Read the 8-K filing - May 17, 2016
At the 2016 Annual Meeting of Shareholders (“Annual Meeting”) of Morgan Stanley (the “Company”) held on Tuesday, May 17, 2016, shareholders approved an amendment of the Company’s 2007 Equity Incentive Compensation Plan (the “EICP”) to authorize an additional 20 million shares to be available for issuance as awards under the EICP and to add regulatory factors, risk management, expense management and contributions to community development and sustainability projects or initiatives as performance criteria that could be elements of performance-vested awards over time. For a description of the terms and conditions of the EICP, as amended and restated as of March 24, 2016, see “Summary of the EICP as Proposed to be Amended” under “Item 4.
Read the 8-K filing - Feb 26, 2016
On February 25, 2016, the Compensation, Management Development and Succession Committee of the Board of Directors of Morgan Stanley (the “Company”) approved that Colm Kelleher, who was named President of the Company effective January 6, 2016, will receive base salary of $1.2 million retroactive to January 1, 2016, and standard relocation benefits and continuation of his monthly housing allowance related to his relocation from the UK to the US.
Read the 8-K filing - Jan 22, 2016
On January 6, 2016, Morgan Stanley (the “Company”) announced that Gregory Fleming, President of Morgan Stanley’s Wealth Management Business, would leave the Company. Through January 6, 2016, Mr. Fleming remained an executive officer and after that date and through his anticipated termination date of July 6, 2016, he will remain an employee of the Company. The Compensation, Management Development and Succession Committee of the Company’s Board of Directors (the “Committee”) approved a separation and release agreement (the “Agreement”) with Mr. Fleming dated January 22, 2016. The Agreement provides that Mr. Fleming’s bonus compensation with respect to 2015 will be comprised of a mix of current cash bonus, a deferred cash incentive compensation award and a deferred equity incentive compensation award in the form of restricted stock units. The Agreement also provides that Mr.
Read the 8-K filing - Jan 6, 2016
On January 6, 2016, the Board of Directors of Morgan Stanley (the “Company”) appointed Colm Kelleher President of the Company, overseeing the Institutional Securities and Wealth Management business segments. Information relating to Mr. Kelleher is contained in Part I, Item 1 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2015 under “Executive Officers of Morgan Stanley.” On January 6, 2016, the Company announced that Gregory J. Fleming, Executive Vice President and President of Wealth Management of the Company, would leave the Company.
Read the 8-K filing
Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021
Share price
Annual financials
From the company's 10-K XBRL data (SEC companyfacts).
| Fiscal year | Revenue | Net income | Margin | Diluted EPS | Total assets |
|---|---|---|---|---|---|
| FY2025 | $70.6B | $16.9B | 23.9% | $10.21 | $1.4T |
| FY2024 | $61.8B | $13.4B | 21.7% | $7.95 | $1.2T |
| FY2023 | $54.1B | $9.1B | 16.8% | $5.18 | $1.2T |
| FY2022 | $53.7B | $11.0B | 20.6% | $6.15 | $1.2T |
| FY2021 | $59.8B | $15.0B | 25.2% | $8.03 | $1.2T |
| FY2020 | $48.8B | $11.0B | 22.6% | $6.46 | $1.1T |
| FY2019 | $41.5B | $9.0B | 21.8% | $5.19 | $895.4B |
| FY2018 | $40.1B | $8.7B | 21.8% | $4.73 | $853.5B |
Former directors and officers (22)
People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.