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Business News

Morgan Stanley gave its CEO a big pay bump

Ted Pick earned $45 million last year as the Wall Street firm hit new records, a big jump from the previous year's $34 million

By Chris Morris·1 min read·Updated February 12, 2026
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Morgan Stanley gave its CEO a big pay bump

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Morgan Stanley $MS gave CEO Ted Pick an especially handsome raise last year.

The executive's compensation package jumped from $34 million in his first year in the role to $45 million last year, a 32% increase. That comes on the heels of Morgan Stanley posting its strongest year ever in 2025, with earnings per share hitting all-time highs.

Three quarters of Pick's bonus will be deferred over the next three years. All of that will come in equity, meaning if the stock continues to rise, the value of that compensation package will as well.

Calling his work last year "outstanding," the bank's compensation committee pointed to the company's financial performance as a catalyst for the substantial salary bump.

Pick wasn't the only CEO to see his salary increase dramatically last year. Microsoft $MSFT CEO Satya Nadella received a $17 million pay raise, which works out to a 22% increase. His total take came in at $96.5 million in 2025.

Nvidia $NVDA CEO Jensen Huang, meanwhile, saw his salary increase to $49.9 million. His base salary increased 49% to $1.5 million, the first base salary increase in 10 years. (Huang also owns 3.5% of Nvidia's stock, which works out to about $163 billion.)

And JPMorgan $JPM chief executive Jamie Dimon reportedly made about $770 million last year in salary, bonuses, dividends, and stock awards.

All of those salaries, of course, pale when compared to Elon Musk's potential payday from Tesla $TSLA. If he hits a series of ambitious benchmarks, the world's richest man is in line for a pay package worth $1 trillion.

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