Ted Pick

American business executive (born 1968)

Ted Pick

Born|  (1968-10-31) October 31, 1968 (age 56)
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]

## Career

[edit]

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]

## Personal life

[edit]

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]

## References

[edit]

1. ^ "Ted Pick".
2. ^ a b c d e Franklin, Joshua; Masters, Brooke (October 26, 2023). "Morgan Stanley makes its choice: how Ted Pick won the CEO succession race". Financial Times.
3. ^ a b c Cuccinello, Hayley. "How Morgan Stanley exec Ted Pick rose from 'rough edged' deal junkie to CEO". Business Insider.
4. ^ a b c d e "Five facts about Morgan Stanley's new CEO Ted Pick". Reuters. October 26, 2023 - via www.reuters.com.
5. ^ Copeland, Rob (2023-10-26). "Morgan Stanley Names Ted Pick, a Bank Veteran, Its Next C.E.O." The New York Times. ISSN 0362-4331. Retrieved 2024-01-17.
6. ^ Caproasia (2025-02-16). "Morgan Stanley CEO Ted Pick Receives $34 Million Salary in 1st Year as CEO in 2024 & Appointed Chairman in 2025 January, Morgan Stanley Market Value at $223 Billion, Share Price +11.3% YTD, +62% in Last 12 Months & +148% in Last 5 Years | Caproasia". Retrieved 2025-07-02.
7. ^ "Edward Pick - Head of Institutional Securities Group, Morgan Stanley" (PDF). Archived from the original (PDF) on 2021-10-07.
8. ^ Andriotis, AnnaMaria (October 26, 2023). "Ted Pick Is a Math Whiz Among Math Whizzes. He's the New Morgan Stanley CEO". WSJ.

Business positions

Preceded by

James P. Gorman

|  Chairman and CEO of Morgan Stanley
2025-Present  |  Succeeded by

Incumbent

* v
* t
* e

Morgan Stanley

Founders|

* Henry Sturgis Morgan
* Harold Stanley

Notable
executives|

| Current|

* Ted Pick (Chairman and CEO)
* James P. Gorman (Chairman Emeritus)
* Robert A. Kindler
* Ruchir Sharma
* Thomas Nides
* Wei Christianson

|

Former|

* Barton Biggs
* Colm Kelleher
* John J. Studzinski
* Kasim Kutay
* Mitchell M. Merin
* Philip J. Purcell
* Robert F. Greenhill
* Robert Scott
* Ruth Porat
* S. Parker Gilbert
* Stephen S. Roach
* Vikram Pandit

Subsidiaries|

| Current|

* E-Trade
* Eaton Vance
* Smith Barney

|

Former|

* Metalmark Capital
* MSCI
* PDT Partners

Historical components|

* Dean Witter Reynolds
* Morgan, Harjes & Co.

Buildings|

* Morgan Stanley Building
* Morgan Stanley Children's Hospital

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