Morgan Stanley’s board will focus on the selection of CEO James Gorman’s successor at its summer and fall meetings, Reuters’ Lananh Nguyen reports, citing a person familiar with the matter. Gorman announced last month that he would step down within a year. Co-presidents Ted Pick and Andy Saperstein are widely viewed as the front-runners for the top job, while Dan Simkowitz, the firm’s head of investment management, is also a contender for the CEO role, the person says.
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