Morgan Stanley COO to retire at month’s end

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Morgan Stanley COO to retire at month’s end
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Morgan Stanley on Monday said that Chief Operating Officer Jonathan Pruzan would retire from his position on Jan. 31. Chief Executive James Gorman said that...

Morgan Stanley MS on Monday said that Chief Operating Officer Jonathan Pruzan would retire from his position on Jan. 31. Chief Executive James Gorman said that Pruzan, once seen as a candidate for the top spot himself, was leaving to pursue other interests, according to Bloomberg. The news outlet added that Pruzan’s departure whittled down the list of people who might succeed Gorman as chief executive. Shares of the bank were up 0.2% after hours.

... Morgan Stanley MS on Monday said that Chief Operating Officer Jonathan Pruzan would retire from his position on Jan. 31. Chief Executive James Gorman said that Pruzan, once seen as a candidate for the top spot himself, was leaving to pursue other interests, according to Bloomberg. The news outlet added that Pruzan’s departure whittled down the list of people who might succeed Gorman as chief executive. Shares of the bank were up 0.2% after hours.

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