Proxy adviser ISS recommends Morgan Stanley shareholders vote against CEO pay proposal-March 2024-www.financetom.com

Proxy adviser ISS recommends Morgan Stanley shareholders vote against CEO pay proposal

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Proxy adviser ISS recommends Morgan Stanley shareholders vote against CEO pay proposal

May 9, 2024 8:42 AM

May 9 (Reuters) - Proxy adviser Institutional

Shareholder Services (ISS) recommended on Thursday that Morgan

Stanley ( MS ) shareholders vote against the management's

proposal to ratify former CEO James Gorman's pay.

Gorman stepped down as the CEO of the investment bank at

beginning of the year after holding the top job for more than a

decade.

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