Morgan Stanley posted record earnings per share and saw its stock price surge 41% last year|Alex Proimos|CC BY 2.0
Crediting a record year, Morgan Stanley has raised CEO Ted Pick’s compensation to $45 million for 2025, a big jump from the $34 million he earned in 2024—his first year leading the bank.
The pay hike follows a historic financial performance for the Wall Street giant, which posted record earnings per share and saw its stock price surge 41% last year.
His bonus will be spread over three years, and deferred amounts will be given in equity.
Not just in Morgan Stanley, executive pay is rising across the finance sector. Rivals at Goldman Sachs, JPMorgan, and Wells Fargo also received substantial raises, with Goldman’s David Solomon leading the pack at $47 million.