Morgan Stanley cuts CEO's pay to US$27M despite record year [Business News Network (BNN) Energy & Resources (Canada)]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
Check Earnings Report
US:NYSE Investor Relations:
morganstanley.com/about-us-ir
Company Research
Source: Business News Network
Morgan Stanley cuts CEO's pay to US$27M despite record year Morgan Stanley just had its most profitable year on record. It wasn’t enough for its chief to land a pay bump. James Gorman’s compensation fell as the firm announced he will receive US$27 million for 2019, according to a regulatory filing Friday. That’s a 6.9 per cent decline from the prior year and on par with the package the chief executive officer received in 2017. The move is another signal that the New York-based bank is focused on keeping costs down. It recently embarked on a plan to cut 2 per cent of its global workforce and this week elevated the fewest executives to managing directors since 2002. The firm has set an ambitious goal to boost its profitability metrics and slash the amount it spends to book every new dollar of revenue. It wants to push the so-called efficiency ratio to below 70 per cent from 73 per cent in 2019. The step-down in pay for the CEO will probably have a knock-on effect for the rest of its sen
Show less
Read more
Impact Snapshot
Event Time:
MS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MS alerts
High impacting Morgan Stanley news events
Weekly update
A roundup of the hottest topics
MS
News
- Netflix (NFLX) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Morgan Stanley Investors to Inquire About Securities Class Action Investigation – MSGlobeNewswire
- Superfeet Announces New Campaign Supporting Track & Field Athletes Ahead of 2024 Olympics & Paralympics [Yahoo! Finance]Yahoo! Finance
- Nordstrom forms special committee to evaluate family takeover interest [Seeking Alpha]Seeking Alpha
- Morgan Stanley Wealth Management Pulse Survey Reveals Bullish Sentiment Despite Drop in OptimismBusiness Wire
MS
Earnings
- 4/16/24 - Beat
MS
Sec Filings
- 4/18/24 - Form 424B2
- 4/18/24 - Form FWP
- 4/18/24 - Form 144
- MS's page on the SEC website