Edward (Ted) Pick

Chief Executive Officer at Morgan Stanley

Since January 1, 2024

Age

56 years

Education

Graduated from Middlebury College with Phi Beta Kappa honors and earned an MBA from Harvard Business School.

Tenure

Joined Morgan Stanley in 1990 and progressed through roles such as Co-Head of Global Equity Capital Markets, Global Head of Sales and Trading, Global Head of Institutional Securities, Co-President and Co-Head of Corporate Strategy, before assuming the role of CEO in 2024.

Also at Morgan Stanley

AMS

Andrew M. Saperstein

Co-President and Head of Wealth and Investment Management

CAS

Charles A. Smith

Executive Vice President and Chief Risk Officer

DAS

Daniel A. Simkowitz

Co-President and Head of Institutional Securities

About

Edward (Ted) Pick is a seasoned executive with a robust track record in the financial services industry. His career at Morgan Stanley, which began in 1990, has been marked by progressive leadership and a reputation for strategic insight and effective crisis management.

Throughout his tenure, he has been instrumental in key business turnarounds, notably revitalizing the fixed income division and driving global equities and institutional securities to leading positions. His ability to steer complex transformations and execute forward-thinking strategies has had a significant impact on the firm’s growth and global positioning.

Beyond his executive roles, he is actively engaged in governance and philanthropic activities. He has contributed to the Metropolitan Museum of Art, serves on pivotal advisory boards, and is a board member at the Institute of International Finance, reflecting his commitment both to the firm and to broader community and industry initiatives.

$MS Performance Under Edward (Ted) Pick

Past Roles

Organization	Role	Date Range
Morgan Stanley	Co-President and Co-Head of Corporate Strategy	June 2021 to December 2023
Morgan Stanley	Head of Institutional Securities	July 2018 to December 2023
Morgan Stanley	Global Head of Sales and Trading	October 2015 to July 2018
Morgan Stanley	Head of Global Equities	March 2011 to October 2015
Morgan Stanley	Co-Head of Global Equities	April 2009 to March 2011
Morgan Stanley	Co-Head of Global Capital Markets	July 2008 to April 2009
Morgan Stanley	Co-Head of Global Equity Capital Markets	December 2005 to July 2008

Fixed Compensation

Data from FY 2024

Component Name	Amount	Payment Schedule	Additional Details
2024 RSUs (Deferred Equity Award)	76,064 RSUs<br>$6,412,500	Vest on January 27, 2027	Grant Date: January 17, 2024 <br>Stock Price: $84.3039 <br>Conditions: Cancellation for competition, cause, disclosure of proprietary information, and improper solicitation

Performance Compensation

Data from FY 2024

2024 Performance-Vested Equity Award (PSUs)

Component Name	Target Units	Grant Date Fair Value	Vesting Schedule	Evaluation Period	Conditions
2024 PSUs (Performance Award)	99,638 PSUs	$8,400,000	Vesting based on achievement of performance goals	2024-2026	Subject to clawback for unmet performance conditions; no detailed performance metrics, thresholds, targets, cap, or weights provided

Note: Detailed performance metrics, thresholds, targets, maximum (cap), and weightings are not specified in the documents.

Interviews

Morgan Stanley CEO Ted Pick on his vision for the company: $10 trillion asset goal, 20% returns

CNBC Television6:40 minJan 18, 2024

CNBC Television

6:40 min

Jan 18, 2024

Edward (Ted) Pick

Also at Morgan Stanley

About

$MS Performance Under Edward (Ted) Pick

Past Roles

Fixed Compensation

Performance Compensation

2024 Performance-Vested Equity Award (PSUs)

Interviews

Morgan Stanley CEO Ted Pick on his vision for the company: $10 trillion asset goal, 20% returns

Morgan Stanley's incoming CEO Ted Pick: Our business strategy is sound, there will be no change

Morgan Stanley’s James Gorman, Ted Pick on CEO Transition

Morgan Stanley CEO Ted Pick: Bullish on the M&A cycle in 2025

Davos 2024: Morgan Stanley CEO Ted Pick on New Role, M&A and Hiring

Morgan Stanley CEO Ted Pick: US and China have a path to 'mutually' pro-growth solutions

Morgan Stanley CEO Ted Pick Talks Third Quarter Earnings | Bloomberg Talks

Morgan Stanley CEO Pick on Deals, Earnings, Election (full interview)

Goldman's David Solomon, Morgan Stanley's Ted Pick on What Investors Need From China

2024 was a 'year of outperformance': Morgan Stanley CEO

Morgan Stanley's Ted Pick Talks Trump, M&A Picking Up, Risk | Bloomberg Talks

Morgan Stanley's Pick on Trump, M&A Picking Up, Risk Taking, Wealth Management

Equities Business Showing Great Results: Morgan Stanley CEO

Davos 2024: Morgan Stanley Has Enough Growth Without M&A, CEO Says

Morgan Stanley CEO Says Trading Leaders Are Pulling Away From the Pack

Morgan Stanley CEO Talks Taking Over as New CEO | Bloomberg Talks