From Wikipedia - Reading time: 6 min
Ted Pick | |
|---|---|
| Born | October 31, 1968 |
| Education | Middlebury College Harvard Business School (MBA) |
| Organization | Morgan Stanley |
Edward "Ted" Pick (born October 31, 1968) is an American banker who is serving as the CEO of Morgan Stanley since January 2024 and as Chairman since January 2025. He previously served as Morgan Stanley’s Co-President, Co-Head of Firm Strategy and Head of the Institutional Securities Group, overseeing Investment Banking, Equities, Fixed Income, Global Capital Markets and Research.[1]
Pick joined Morgan Stanley as an analyst in 1990 after graduating from Middlebury College and Harvard Business School.[2][3] His entry was facilitated through a connection with a classmate related to former Morgan Stanley chair S. Parker Gilbert.[3]
In 2002, Pick was named managing director.[4] By 2005, he was in charge of a division, and was involved in capital-raising activities during the 2008 financial crisis.[4][2][3] He became a member of the management committee in 2008.[4]
From 2009 to 2015, Pick was involved in global equities trading and, subsequently, took on the role of rejuvenating Morgan Stanley's fixed-income business.[2] This involved reducing its workforce by 25% and addressing revenue concerns.[2] He later held the position of global head of sales and trading. Over the years, he has held various roles, including managing director and head of equity capital markets. [2]
From 2021 to 2023, Pick served as the co-president of Morgan Stanley. He became the company's CEO at the beginning of 2024 and Chairman in January 2025.[4][5]
Pick is a member of The Business Council.[6]
Pick is married to his wife Betsey and has two daughters.[7] He is a Trustee at the Metropolitan Museum of Art.[4] He enjoys math problems.[8]