Wealth and Asset Management
Morgan Stanley’s Gorman Set to Lose $2.9 Million in Pay
Morgan Stanley Chief Executive Officer James Gorman is set to lose stock once valued at almost $2.9 million as the bank misses profitability and share- performance goals. Gorman, 54, probably will forfeit so-called performance- based stock units awarded in 2009 that required the New York- based firm earn a 12…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Bloomberg