Morgan Stanley's stock took a hit Friday after longtime CEO Gorman announced plans to step down, but the stock has underperformed the market during his tenure.
Shares of Morgan Stanley took a hit Friday, but perhaps shareholders shouldn’t be too concerned over news of the planned departure of the investment bank’s longtime chief executive, James Gorman.
Gorman... Shares of Morgan Stanley took a hit Friday, but perhaps shareholders shouldn’t be too concerned over news of the planned departure of the investment bank’s longtime chief executive, James Gorman. That outperformed the 184.5% gain for the Financial Select Sector SPDR exchange-traded fund XLF over the same time but underperformed the S&P 500’s SPX rally of 290.9%.
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Morgan Stanley CEO Gorman expects bank to appoint successor in 12 months By Reuters*MORGAN STANLEY CEO JAMES GORMAN PLANS TO STEP DOWN WITHIN THE NEXT 12 MONTHS $MS
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Morgan Stanley CEO James Gorman to step down, hasn’t named successor“The specific timing of the CEO transition has not been determined, but it is the board’s and my expectation that it will occur at some point in the next 12 months,” Gorman said.
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Morgan Stanley CEO plans to step down within the year, sparking Wall Street succession raceMorgan Stanley's board has narrowed its CEO search to three 'very strong' internal candidates to succeed Gorman, the chief said.
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Morgan Stanley sees a sign that points to a top in bitcoinBitcoin is either about to see another price peak or is at the start of a new bullish price cycle, says Morgan Stanley's Sheena Shah.
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Sonja Morgan’s daughter, Quincy, graduates from UPenn, moves to LA“She happens to be a well rounded, kind and humble young woman with great aspirations,” the “RHONY” star gushed. “All this fused with innate talent.”
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Fear the Walking Dead S08 Morgan, Madison & Grace Portraits ReleasedWe have FearTheWalkingDead Season 8 Morgan (LennieJames), Madison (KimDickens) & Grace (KarenDavid) gallery portraits to pass along. / FearTWD FTWD AMCTV KarenDavid FearTWD
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