Friday, April 15, 2011

Morgan Stanley's (MS) CEO Lands $15.2 Million in 2010

Morgan Stanley (NYSE:MS) Chief Executive Officer James Gorman received overall compensation in 2010 of $15.2 million, according to a required filing.

Based on a compensation forumula of the U.S. Securities and Exchange Commission, that's a 134 percent increase over the $6.5 million Gorman garnered in 2009.

Including the same formula, Goldman Sachs (NYSE:GS) CEO Lloyd Blankfein was awarded a total of $14.1 million.

In 2010 Gorman led Morgan Stanley to earnings of $4.7 billion. Morgan Stanley reports its earnings next Thursday, with analysts looking for 31 cents a share.

Morgan Stanley closed Thursday at $26.79, the same as the day before.

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