Ted Pick
Ted Pick | |
|---|---|
| Born | October 31, 1968 |
| Nationality | American |
| Occupation | Corporate executive |
| Years active | 1990–present |
| Known for | CEO and Chairman of Morgan Stanley |
Edward "Ted" Pick (born October 31, 1968) is an American corporate leader currently holding the positions of Chairman and CEO at Morgan Stanley. He stepped into the CEO role in January 2024 and is scheduled to take on the Chairmanship in January 2025. Prior to these appointments, Pick served as Co-President, Co-Head of Firm Strategy, and led the Institutional Securities Group, which includes Investment Banking, Equities, Fixed Income, Global Capital Markets, and Research divisions.
Career
After completing his studies at Middlebury College and Harvard Business School, Pick began his career at Morgan Stanley in 1990 as an analyst. His recruitment was influenced by a connection with former Morgan Stanley chairman S. Parker Gilbert. He advanced to managing director by 2002. By 2005, he was leading a division and played a significant role in capital raising during the 2008 financial crisis. In 2008, he was appointed to the management committee.
Between 2009 and 2015, Pick oversaw global equities trading and spearheaded the turnaround of Morgan Stanley's fixed-income segment by cutting the workforce by 25% and tackling revenue issues. He subsequently held the position of global head of sales and trading and took on leadership roles such as managing director and head of equity capital markets.
From 2021 through 2023, Pick was Co-President before being promoted to CEO at the start of 2024 and set to become Chairman in 2025. Additionally, he is a member of The Business Council.
Personal life
Pick is married to Betsey, with whom he has two daughters. He also serves as a Trustee of the Metropolitan Museum of Art and has a keen enthusiasm for mathematical challenges.