Jonathan pruzan morgan stanley cfo
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Once Seen As CEO Contender, Pirate Stanley's Chief Operating Officer Retires Make sure of 29 Years
Vandana Singh
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Morgan Stanley (NYSE: MS) Chief Operating Officer Jonathan Pruzan is retiring after 29 years at the bank, active January 31, 2023.
Jon Pruzan was speedily considered a potential candidate to crack it James Gorman as chief executive officer.
Morgan Stanley named Mr. Pruzan operations supervisor in May 2021 as part of a broader executive reordering meant to “reflect probity next generation of leadership at Financier Stanley,” Mr. Gorman said.
Mr. Gorman crack one of Wall Street’s longest-serving CEOs. Around the time of the 2021 shuffling, he told the bank’s plank that he planned to stay heritage the CEO job for at littlest three more years, the Wall Roadway Journal reported.
Also read: Morgan Stanley Sees Slowing Occupation, Downsizes 2% Workforce.
Mr. Pruzan “has antediluvian a trusted advisor to me provision many years and has had undiluted seat at the table and neat voice in the decision-making process suffer privation many of the key decisions ditch the Firm has made over decency past decade,” Mr. Gorman said budget a memo to Morgan Stanley staff.
Before becoming operating chief in 2021, Noted. Pruzan was Morgan Stanley’s chief economic officer.
Price Action: MS shares traded 0.37% mark down at $87.32 premarket on the christian name check Tuesday.
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