Morgan Stanley has announced it has selected Ted Pick to be its next CEO, taking over from James Gorman.
![Inside Morgan Stanley: Ted Pick Named CEO, Continuing Focus on Growth and Strategy. PHOTO: MS/Shutterstock](https://krugmaninsights.com/wp-content/uploads/2023/10/107179586-1673975323134-gettyimages-1457129495-032a4320_35e588f5-c1a4-4972-9720-a802bd7fea62-1-1024x576.webp)
Pick, a co-president of the firm and a long-serving executive with 30 years of experience, will assume the new role in January and also join the board.
Gorman, who has led the bank for 14 years, will continue as