Morgan Stanley CEO James Gorman 2016 Pay: $22,500,000

With all eyes focused on Washington, on a Friday evening, Morgan Stanley just revealed that 58-year-old Morgan Stanley CEO James “don’t call me Jim” Gorman was paid $22.5 million. Despite a notable drop in earnings from expectations and a focus on cost-cutting, Gorman got a 7.1% pay rise (almost double that of Jamie Dimon).
Analysts expected Morgan Stanley to earn $3.155 in 2016. By the end of 2016 the firm realized just $2.756… but thanks to Trump’s election victory, the stock soared…

This post was published at Zero Hedge on Jan 20, 2017.