8-KOther Events

MORGAN STANLEY 8-K Report, Corporate Update (Apr 1, 2025)

Filed April 1, 2025For Securities:MSMS-PKMS-POMS-PQMS-PAMS-PFMS-PIMS-PLMS-PPMS-PEMSTLW

Summary

Morgan Stanley's Board of Directors has nominated Douglas L. Peterson, former CEO of S&P Global Inc., for election to the Board at the upcoming annual shareholder meeting on May 15, 2025. Mr. Peterson brings extensive experience in the financial services industry, spanning 40 years, and is expected to provide valuable insights with his international and financial markets perspective. The nomination signifies a move to strengthen the Board's expertise, particularly in areas critical to a global financial institution like Morgan Stanley. His designation as independent, as determined by the Company's Corporate Governance Policies, further underscores the Board's commitment to robust governance. Upon shareholder approval, Mr. Peterson will also serve on the Risk Committee, enhancing the Board's oversight capabilities in a key area of financial services.

Key Highlights

  • 1Douglas L. Peterson nominated for election to the Board of Directors.
  • 2Peterson is the former Chief Executive Officer of S&P Global Inc.
  • 3Nomination to be voted on at the annual shareholder meeting on May 15, 2025.
  • 4Peterson possesses 40 years of experience in the financial services industry.
  • 5He is expected to bring an international and financial markets perspective.
  • 6The Board has determined Mr. Peterson meets independence standards.
  • 7Upon election, Peterson will join the Risk Committee.

Frequently Asked Questions

Douglas L. Peterson is the former Chief Executive Officer of S&P Global Inc. He is being nominated to join Morgan Stanley's Board of Directors due to his 40 years of experience in financial services and his expected contributions of an international and financial markets perspective.

Shareholders will have the opportunity to vote on the nomination of Douglas L. Peterson at Morgan Stanley's annual meeting of shareholders scheduled for May 15, 2025.

Yes, the Board of Directors has determined that Mr. Peterson is independent in accordance with the director independence standards established under the Company’s Corporate Governance Policies.

Effective upon his election by shareholders, Mr. Peterson will join the Risk Committee of the Board.