Morgan Stanley CEO James Gorman, wearing a black suit and red tie, smiles in front of a blue backdrop.
Morgan Stanley chairman James Gorman.
  • Morgan Stanley chairman James Gorman is stepping down at the end of the year.
  • The former CEO revealed his plans at the bank's annual shareholder meeting.
  • Gorman joined Morgan Stanley in 2006 and helped steer the bank through the financial crisis.

James Gorman will leave Morgan Stanley at the end of 2024, bringing an 18-year stint at the investment bank to a close.