trending Market Intelligence /marketintelligence/en/news-insights/trending/bSK1DHKkBOdof3nJZHH-xg2 content esgSubNav
In This List

Morgan Stanley cuts 2019 pay for CEO

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines

Blog

Making sanctions effective: Key themes for banks


Morgan Stanley cuts 2019 pay for CEO

Morgan Stanley's board reduced Chairman and CEO James Gorman's total compensation for 2019 to $27 million, compared with $29 million in 2018, according to a Form 8-K filing.

Gorman's compensation is composed of a base salary of $1.5 million, cash bonus of $6.4 million, a deferred equity award of $6.4 million and a performance-vested equity award of $12.8 million that converts to shares only if the company meets predetermined performance goals with respect to average firm return on equity and relative total shareholder return over the three-year performance period.

The board's decision is based on Gorman's individual performance, including his leadership of Morgan Stanley's long-term strategy and culture, as well as the company's financial performance.