Morgan Stanley increases CEO Ted Pick's compensation to $45 million

Investing.com – Morgan Stanley has approved a total compensation package of $45 million for CEO Ted Pick in 2025, a significant increase from $34 million in 2024.

This decision was made by the company’s Compensation, Management Development, and Succession Committee, which cited Pick’s “outstanding” performance during his second year as CEO and his first year as Chairman of the Board.

Under Pick’s leadership, Morgan Stanley achieved record financial results in 2025, with net income reaching a historic high of $70.6 billion, up approximately 14% year-over-year. The company reported a net profit of about $16.9 billion, with a record earnings per share of $10.21.

The company posted a pre-tax profit of $22 billion, an increase of about 25% from the previous year. Morgan Stanley also reported an annual return on tangible common equity (ROTCE) of 21.6% and an efficiency ratio of 68%.

As of December 31, 2025, the company’s standardized common equity Tier 1 capital ratio was 15.0%, after increasing its common equity Tier 1 capital by $8.1 billion. Morgan Stanley maintains over 300 basis points of excess capital, and for the fourth consecutive year, quarterly dividends were increased by $0.075 to $1.00, with total dividends paid in 2025 reaching $6.1 billion.

Morgan Stanley’s market capitalization reached $282 billion, maintaining a premium valuation among peers, and delivering a 45% total shareholder return.

Within Pick’s $45 million compensation package, 75% of his bonus will be deferred over three years and may be forfeited. Additionally, 100% of his deferred bonus will be paid in performance-linked equity awards, aligning his compensation with shareholder interests.

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