Morgan Stanley CEO Ted Pick's compensation was set at $34 million for 2024, his first year in the top job, a filing showed on Thursday.

Ted Pick made $34 million for his work as CEO of Morgan Stanley in 2024, his first year on the job. The board cited Morgan Stanley’s financials, including its profit and record net revenue, as reasons for his pay,

Morgan Stanley paid Chief Executive Officer Ted Pick $34 million for his first year leading the bank. The firm said in a regulatory filing that 75% of Pick’s bonus will be deferred over three years and is subject to cancellation,