Morgan Stanley Pays James Gorman $37 Million for His Final Year as CEO

Morgan Stanley increased James Gorman’s compensation 17% for his final year as chief executive officer, boosting his pay to $37 million.

Three-fourths of Gorman’s bonus will be paid in deferred stock over three years, the New York-based firm said in a regulatory filing Friday. On top of his $1.5 million base salary, he received a cash bonus of just under $9 million.

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