Morgan Stanley's James Gorman, who arrived at the bank shortly before financial crisis, to retire
FILE - Morgan Stanley chairman and CEO James Gorman testifies before the House Financial Services Commitee during a hearing, Wednesday, April 10, 2...
FILE - Morgan Stanley chairman and CEO James Gorman testifies before the House Financial Services Commitee during a hearing, Wednesday, April 10, 2019, on Capitol Hill in Washington. Gorman will retire in the next 12 months, he said Friday, May 19, 2023, at the bank's annual shareholder meeting. (AP Photo/Patrick Semansky, File) NEW YORK — Morgan Stanley's long-time CEO James Gorman will retire in the next 12 months, he said Friday at the bank's annual shareholder meeting. Gorman said the bank is looking at three senior internal candidates to be the investment bank's new top executive.