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Traders Magazine Ted Pick and Andy Saperstein have been named Co-Presidents of Morgan Stanley, effective June 1, 2021. Pick leads Morgan Stanley’s Institutional Securities business and will now also be responsible for Morgan Stanley’s international operations and become the Co-Head of Firm Strategy and Execution. Saperstein leads Morgan Stanley’s Wealth Management business and will now be responsible for all Wealth Management channels. He will also assume responsibility for Firm-wide Marketing globally. Dan Simkowitz, Head of Investment Management, will in addition be Co-Head of Firm Strategy and Execution. Jonathan Pruzan, currently Morgan Stanley’s Chief Financial Officer, will become Chief Operating Officer, with responsibility for Technology, Operations and Firm Resilience; Morgan Stanley’s U.S. Banks, and Corporate Services. ....