Morgan Stanley CEO James Gorman's 2018 pay rises 15% to $28M

Morgan Stanley reports 2018 executive compensation

By ExecPay News

Published: April 5, 2019

Morgan Stanley reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, five executives at Morgan Stanley received on average a compensation package of $19M, a 20% increase compared to previous year.
Average pay of disclosed executives at Morgan Stanley
James P. Gorman, Chief Executive Officer, received $28M in total, which increased by 15% compared to 2017. 70% of Gorman's compensation, or $20M, was in stock awards. Gorman also received $6.9M in bonus, $1.5M in salary, as well as $45K in other compensation.
Colm Kelleher, President, received a compensation package of $24M, which increased by 11% compared to previous year. 48% of the compensation package, or $12M, was in stock awards.
Daniel A. Simkowitz, Head of Investment Management, earned $15M in 2018, a 29% increase compared to previous year.
Jonathan Pruzan, Chief Financial Officer, received $15M in 2018, which increases by 36% compared to 2017.
Eric F. Grossman, Chief Legal Officer, earned $13M in 2018, a 26% increase compared to previous year.

Related executives

James Gorman

Morgan Stanley

Chief Executive Officer

Colm Kelleher

Morgan Stanley

Former President

Jonathan Pruzan

Morgan Stanley

Chief Financial Officer

Eric Grossman

Morgan Stanley

Chief Legal Officer

Daniel Simkowitz

Morgan Stanley

Head of Investment Management and Co, Head of Corporate Strategy

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Source: SEC filing on April 5, 2019.