Morgan Stanley's Gorman on Leaving: 'It Feels Right'

The transcript discusses a significant transition at Morgan Stanley, with the current CEO announcing his decision to step down after 14 years. He emphasizes the importance of refreshing leadership to ensure the organization's future success. The board is considering three internal candidates for the CEO position, evaluating them based on business acumen, character, resilience, and strategic thinking. The CEO expresses confidence in the candidates' abilities to lead the company into the future.

What factors did the speaker consider when deciding it was the right time to step down as CEO?

What is the significance of refreshing leadership in an organization according to the speaker?

How does the speaker feel about the next generation taking over leadership?

What does the speaker mean by saying 'they will grow the place in a way that I might not have imagined'?

What qualities does the board look for in a new CEO according to the speaker?