Morgan Stanley Executive Chairman James Gorman Will Step Down On Dec 31
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley Executive Chairman James Gorman will step down on December 31, as announced during the annual meeting of shareholders.
May 23, 2024 | 1:08 pm
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Morgan Stanley's Executive Chairman James Gorman will step down on December 31, as announced during the annual meeting of shareholders. This leadership change could lead to short-term uncertainty in the stock price.
Leadership changes at major financial institutions often lead to short-term uncertainty as investors react to the news. James Gorman's departure could cause fluctuations in Morgan Stanley's stock price as the market assesses the impact of this change.
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