Morgan Stanley Cuts Kelleher's 2015 Pay to $15.3 Million
- He was promoted to president this year, runs retail brokerage
- Laura D. Tyson, longtime board member, won't seek re-election
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Morgan Stanley cut Colm Kelleher’s pay 4.7 percent to $15.3 million for 2015, the year before he was promoted to president.
Kelleher, 58, received a $6.31 million salary, $2.08 million in deferred cash and $3.16 million in deferred stock, the New York-based bank said Friday in a regulatory filing. He also got a $417,000 cash bonus and a $3.29 million long-term incentive. He received $16 million in total compensation for 2014, plus a $2 million “supplemental award.”