Morgan CEO Stanley Gorman’s annual pay increases by $ 6 million

NEW YORK (Reuters) – Morgan Stanley Chief Executive James Gorman’s annual salary increased by $ 6 million in 2020, according to a regulatory document released Friday.

Gorman will receive $ 33 million for his work last year, up from $ 27 million in 2019, the bank said.

Reporting by Matt Scuffham; Editing by Leslie Adler