Ted Pick
American business executive (born 1968)
Ted Pick | |
|---|---|
| Born | (1968-10-31) October 31, 1968 (age 55) |
| Education | Middlebury College Harvard Business School (MBA) |
| Organization | Morgan Stanley |
Edward "Ted" Pick (born October 31, 1968) is an American business executive who since January 1, 2024 is the CEO of Morgan Stanley, following James P. Gorman, who remained executive chairman of the board.[1][2][3]
Career
Pick joined Morgan Stanley as an analyst in 1990 after graduating from Middlebury College and Harvard Business School.[4][5] His entry was facilitated through a connection with a classmate related to former Morgan Stanley chair S. Parker Gilbert.[5]
In 2002, Pick was named managing director.[6] By 2005, he was in charge of this division and was involved in capital-raising activities during the 2007–2008 financial crisis.[6][4][5] He was inducted into the management committee in 2008.[6]
From 2009 to 2015, Pick was involved in global equities trading and, subsequently, took on the role of rejuvenating Morgan Stanley's fixed-income business.[4] This involved reducing its workforce by 25% and addressing revenue concerns.[4] He later held the position of global head of sales and trading.[4]
From 2021 to 2023, he served as the co-president of Morgan Stanley. Over the years, he has held various roles, including managing director and head of equity capital markets. He became the company's CEO at the beginning of 2024. [6][7]
References
- ^ Franklin, Joshua (October 25, 2023). "Morgan Stanley chooses Ted Pick to replace James Gorman as CEO".
- ^ Andriotis, AnnaMaria (October 26, 2023). "Ted Pick Is a Math Whiz Among Math Whizzes. He's the New Morgan Stanley CEO". WSJ.
- ^ "Morgan Stanley's Ted Pick Will Succeed James Gorman as CEO". October 25, 2023 – via www.bloomberg.com.
- ^ a b c d e Franklin, Joshua; Masters, Brooke (October 26, 2023). "Morgan Stanley makes its choice: how Ted Pick won the CEO succession race".
- ^ a b c Cuccinello, Hayley. "How Morgan Stanley exec Ted Pick rose from 'rough edged' deal junkie to CEO". Business Insider.
- ^ a b c d "Five facts about Morgan Stanley's new CEO Ted Pick". October 26, 2023 – via www.reuters.com.
- ^ Copeland, Rob (2023-10-26). "Morgan Stanley Names Ted Pick, a Bank Veteran, Its Next C.E.O." The New York Times. ISSN 0362-4331. Retrieved 2024-01-17.
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Morgan Stanley
- Henry Sturgis Morgan
- Harold Stanley
executives
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