8-KLeadership ChangesExhibits & Filings

MORGAN STANLEY 8-K Report, Executive Changes (Oct 26, 2017)

Filed October 26, 2017For Securities:MSMS-PKMS-POMS-PQMS-PAMS-PFMS-PIMS-PLMS-PPMS-PEMSTLW

Summary

Morgan Stanley announced a significant change to its Board of Directors with the election of Elizabeth Corley, effective January 1, 2018. Ms. Corley has been deemed independent by the Board, aligning with the company's established corporate governance standards. This appointment signals a move to potentially strengthen the board's oversight and strategic direction as the company navigates the evolving financial landscape. Investors should note that Ms. Corley's compensation will follow the company's standard practices for non-employee directors, as detailed in their April 7, 2017 proxy statement. The addition of an independent director is generally viewed positively by the market as it can enhance corporate governance and accountability. This filing, along with the attached press release, provides transparency regarding these board-level changes.

Key Highlights

  • 1Elizabeth Corley elected to the Board of Directors, effective January 1, 2018.
  • 2Ms. Corley has been determined to be an independent director.
  • 3The appointment aligns with Morgan Stanley's Corporate Governance Policies.
  • 4Ms. Corley's compensation will be in line with the company's non-employee director compensation practices.
  • 5The company's related press release is attached as Exhibit 99.1.

Frequently Asked Questions

This filing does not provide specific details about Elizabeth Corley's professional background or prior experience. Investors can refer to the attached press release (Exhibit 99.1) or Morgan Stanley's proxy statement for more information on her qualifications and expertise.

The appointment of independent directors is a key aspect of strong corporate governance. It enhances oversight, brings diverse perspectives, and helps ensure that the board acts in the best interests of all shareholders, rather than being unduly influenced by management.

Ms. Corley's appointment is effective January 1, 2018. She will receive compensation consistent with the company's established policies for non-employee directors, as outlined in their most recent proxy statement.

Further details regarding Ms. Corley's role and her compensation package can be found in the press release attached as Exhibit 99.1 to this 8-K filing, and in the director compensation section of Morgan Stanley's Annual Meeting Proxy Statement filed on April 7, 2017.