Morgan Stanley boosts CEO pay to $16 billion in 2014- filing

(Photo Courtesy of:Yahoo)

Morgan Stanley's board raised Chairman and Chief Executive James Gorman's compensation for one-third last year. He was awarded $16 million last year, up from $12 million in 2013. He can receive up to $6.5 million over the next three years if he meets performance targets. Colm Kelleher, a business executive under Gorman, also received a special $2 million bonus last year for his continued contributions and commitment to the company.


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