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Top News In Institutional Securities Group Today - Breaking & Trending Today

He Gets $20M Bonus to Be CEO. So Do the Men He Beat

Congratulations, Ted Pick. Not only have you been picked by Morgan Stanley to be the next CEO, you're getting a $20 million bonus. As it turns out, so are the two men Pick. ....

Andy Saperstein , Dan Simkowitz , James Gorman , Institutional Securities Group , Morgan Stanley ,

Morgan Stanley gave a $20 million bonus to its incoming CEO, and to the 2 rival execs who missed out on the top job

Ted Pick was named the bank's new CEO, and rival candidates Dan Simkowitz and Andy Saperstein were promoted. All are being given $20 million bonuses. ....

Andy Saperstein , James Gorman , Dan Simkowitz , Institutional Securities Group , Morgan Stanley , Wall Street , Ted Pick ,