Morgan Stanley boosts CEO pay to $16 mln in 2014 -filing

April 1, 2015 8:43 PM

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NEW YORK, April 1 (Reuters) - Morgan Stanley's board boosted Chairman and Chief Executive James Gorman's compensation by one-third last year, to $16 million from $12 million in 2013, according to its proxy filing on Wednesday.

The board also increased the amount of long-term incentive awards that Gorman can receive if he meets certain performance targets to $6.5 million from $6 million the prior year.

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