Updates with context in paragraph 2, detail in paragraph 4
Feb 13 (Reuters) - Morgan Stanley MS.N CEO Ted Pick's compensation was set at $34 million for 2024, his first year in the top job, a filing showed on Thursday.
Leaders of Wall Street rivals, including David Solomon at Goldman Sachs GS.N and Jamie Dimon of JPMorgan Chase JPM.N, also got pay bumps after their company profits rose, buoyed by a resurgence in investment banking.
Pick, a three-decade Morgan Stanley veteran, was paid $25 million as co-president of the investment bank in 2023, including a salary of $1 million.
His payout was awarded for "outstanding performance, including the successful completion of the leadership transition and the firm’s exceptional financial performance," the bank's board said in a filing, citing record revenue, higher earnings and a market capitalization that surpassed $200 billion.
Morgan Stanley's former chief, James Gorman, received compensation of $37 million in 2023, making him the highest-paid Wall Street bank CEO for his last year at the helm.
(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Mohammed Safi Shamsi, Lananh Nguyen and Lisa Shumaker)
((JaiveerSingh.Shekhawat@thomsonreuters.com;))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。