8-KLeadership ChangesExhibits & Filings

MORGAN STANLEY 8-K Report, Executive Changes (Nov 10, 2021)

Filed November 10, 2021For 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 Erika H. James, effective January 1, 2022. The Board has affirmed Ms. James's independence, a key consideration for effective corporate governance and oversight. Her compensation will align with the company's established practices for non-employee directors, as detailed in their proxy statement. This appointment is a standard governance update for Morgan Stanley, indicating continued attention to board composition and independence. Investors should note that such changes are typical for companies of this size and stage, reflecting a commitment to robust governance structures. Further details regarding Ms. James's background and the Board's decision can be found in the accompanying press release filed as an exhibit.

Key Highlights

  • 1Erika H. James elected to the Board of Directors, effective January 1, 2022.
  • 2The Board has determined Ms. James meets the criteria for independence.
  • 3Ms. James will be compensated according to the company's standard non-employee director compensation policies.
  • 4The appointment is part of the company's ongoing corporate governance practices.
  • 5A press release detailing the appointment is attached as Exhibit 99.1.
  • 6The filing also includes interactive data files in Inline XBRL format.

Frequently Asked Questions

Erika H. James has been elected to Morgan Stanley's Board of Directors. While the filing doesn't detail her specific background, her appointment is significant as it pertains to the composition and governance of the company's leadership. The Board has specifically noted her independence, which is a crucial factor for board oversight and decision-making.

Ms. James will receive compensation as a non-employee director. This compensation will be in line with Morgan Stanley's established practices for its non-employee directors, as previously disclosed in the company's Annual Meeting Proxy Statement filed on April 1, 2021.

No, this 8-K filing is primarily focused on the appointment of Erika H. James to the Board of Directors. It does not report on other significant financial or operational changes beyond this governance update. The press release, Exhibit 99.1, may provide further context on Ms. James's qualifications.