Morgan Stanley CEO Ted Pick's pay rises 32% to $45 million

Feb 11 (Reuters) - ‌Morgan Stanley ​said ​on Wednesday it had approved $45 million for ‌CEO Ted Pick's total compensation ⁠for 2025, up from $34 million ‌in 2024.

Morgan Stanley's ‌CEO pay rose 32% compared to his first year ​in the top job. In a securities filing, ⁠the bank's compensation committee said the firm ​had "exceptional results" in 2025, citing record net revenues and ​earnings per share ‌and total return to shareholders of 45%.

The ⁠filing adds that three-fourths of Pick's compensation is deferred over ⁠three years and will be paid ​if performance goals are met. Ted Pick's compensation last year was, ‌for the first time, above James Gorman's $37 million ‌in 2023.

(Reporting by Ateev ⁠Bhandari in ‌Bengaluru and ​Tatiana Bautzer in New York; editing by Edward ‌Tobin)

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