Key Points
April 6 (Reuters) - Morgan Stanley (MS.N) Chief Executive James Gorman's total compensation rose nearly 13% to $39.4 million in 2022 versus a year earlier, according to a filing Thursday...
That is higher than the $31.5 million package the bank reported in January, which reflected a 10% pay cut..
Gorman's total 2022 pay includes a base salary of $1.5 million, cash bonus of $7.5 million and stock awards of $30.4 million...
Morgan Stanley directors had earlier cited "a challenging economic and market environment" in determining the CEO's pay, they said in the January filing...
"The strategic decisions we made over the past decade have transformed Morgan Stanley's business," Gorman wrote in the filing..
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