CEO · MS
CEO$Executive Intelligence

Ted Pick

Chairman & CEO · Morgan Stanley MS
$37.2M
FY2025 total compensation
Filed · DEF 14A

Morgan Stanley’s CEO since 2024, a three-decade company insider who built its equities franchise and now runs the whole firm across trading, banking, and wealth management.

CEO since2024
Born1968
Pay rank#16 of 50 tracked

Pay vs performance

what happened while he earned it
CEO compensation$37.2M
Stock · since 2024+123%
S&P 500 · since 2024+37.4%
Revenue · YoY+5.5%
EPS · YoY+28.4%
CEO tenure2 yrs

No score, no opinion. Compensation is filed; stock and S&P are market returns over the window shown; revenue and EPS are latest reported vs the prior year. You decide.

Why this pay?

  • His fiscal 2025 pay was $37.2 million — a $1.5 million salary, a large cash bonus, and stock. Morgan Stanley’s separate "compensation awarded" figure of about $45 million is a committee view for the performance year, which the proxy notes differs from the SEC-required Summary Compensation Table total.

Quick facts

CEO since2024
PreviouslyMorgan Stanley
Largest pay componentStock & options · 66%
Pay rank (tracked)#16 of 50
EducationMiddlebury College (BA); Harvard Business School (MBA)

Compensation breakdown

DEF 14A
total · FY2025$37,187,657
Salary$1,500,000
Bonus$10,875,000
Stock awards$24,476,463
Change in pension value$20,870
All other comp$315,324
Total$37,187,657

The widely reported "$45M" is Morgan Stanley’s "compensation awarded" view; the proxy says it differs from this SCT total of $37,187,657. Source: Morgan Stanley 2026 Proxy (FY2025)

Compensation history

salary + cash vs stock, from the proxies
$24.9MFY2024
$37.2MFY2025
Stock & optionsSalary & cashOther

Related intelligence

every filing on Morgan Stanley, one hop away

Career

2024-presentChairman & CEO · Morgan Stanley
2021-2023Co-President · Morgan Stanley
2018-2021Head of Institutional Securities · Morgan Stanley

Compare pay with

Every figure ties to a filing. Compensation is the total from Morgan Stanley's Summary Compensation Table for FY2025(grant-date values, which can differ from what an executive realizes when awards vest). We publish what the filings say, and we don't grade people.