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Morgan Stanley logoMorgan Stanley MS

Morgan Stanley said Stephen Luczo submitted his resignation from the Board of Directors on December 19, 2024, effective December 31, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Morgan Stanley said Stephen Luczo submitted his resignation from the Board of Directors on December 19, 2024, effective December 31, 2024.

  2. The company said Mr. Luczo's resignation was for personal reasons and was not due to any disagreement with the company, its management or the Board on any matter relating to its operations, policies or practices.

  3. The company said it will reduce the size of the Board from 15 directors to 13 directors, in light of Mr. Luczo's resignation and Mr. Gorman's previously announced retirement from the Board.

  4. Morgan Stanley said the reduction in the Board's size from 15 directors to 13 directors will take effect on January 1, 2025.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Stephen Luczo Resigns From Morgan Stanley Board

Morgan Stanley said Stephen Luczo submitted his resignation from the Board of Directors on December 19, 2024, effective December 31, 2024.

Source · Based on the filing body and exhibits

Company Explains Reason for Board Resignation

The company said Mr. Luczo's resignation was for personal reasons and was not due to any disagreement with the company, its management or the Board on any matter relating to its operations, policies or practices.

Source · Based on the filing body and exhibits

Board Size to Be Reduced

The company said it will reduce the size of the Board from 15 directors to 13 directors, in light of Mr. Luczo's resignation and Mr. Gorman's previously announced retirement from the Board.

Source · Based on the filing body and exhibits

Effective Date of Board Size Reduction

Morgan Stanley said the reduction in the Board's size from 15 directors to 13 directors will take effect on January 1, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.