Morgan Stanley and Co. decided to change the top-level management of the investment bank, Zerohedge reported on Thursday.
According to the report, Sharon Yeshaya, who was the Head of Investor Relations, has been tapped to be the next Chief Financial Officer, while Jon Pruzan, the current one, will be the new Chief Operating Officer. In the meantime, Ted Pick and Andy Saperstein are slated to be the Co-Presidents of the bank.
It is currently unknown what prompted the change, or whether there will be any more news on that front. Last month, Morgan Stanley topped market estimates with their quarterly earnings report.
