Morgan Stanley paid Chief Executive James Gorman $31.5 million for his work in 2022, a 10% pay cut from the year before
Economists and financial analysts look at bank earnings to get a sense of the economy’s health. WSJ’s Telis Demos explains how inflation as well as recession concerns can be reflected in their results. Illustration: Lorie Hirose.
Morgan Stanley’s board of directors said Friday it awarded Mr. Gorman a salary of $1.5 million and a cash bonus of $7.5 million for his work last year. The bulk of his pay is in stock awards tied to how well the bank performs over the next few years.
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