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Morgan Stanley’s Gorman will step down as chair by end of 2024

He will make way for incoming CEO Ted Pick to make his mark on the Wall Street titan.

Morgan Stanley’s James Gorman, preparing to step down as the firm’s leader at the end of this year, said he will also vacate his post as chairman by the end of 2024.

“I’ll certainly stay most of the year, if not the whole year, but I won’t stay longer,” Gorman said Tuesday in an inter

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