Morgan Stanley CEO Recovered From Coronavirus

By Liz Hoffman 

Morgan Stanley Chief Executive James Gorman said Thursday he was recovering from the new coronavirus, the most senior Wall Street executive known to have been infected.

The CEO of the country's sixth-biggest bank told employees he was doing well in a video posted to the company's internal site.

A spokesman for the bank confirmed the contents of the video and said Mr. Gorman's doctor cleared him last week.

Mr. Gorman began experiencing flulike symptoms in mid-March and later tested positive for Covid-19, the respiratory disease caused by the coronavirus. He has been self-isolating at his downtown Manhattan home, where he had dialed into board calls and daily meetings of his operating committee, a spokesman said.

The fit, previously healthy 61-year-old is the most senior Wall Street executive known to have been infected with Covid-19. The chief financial officer of investment bank Jefferies died from it last month.

As of Thursday, when Mr. Gorman disclosed his illness, at least 1.5 million people globally had been infected and 90,000 had died.

Morgan Stanley and other banks are set to report first-quarter earnings next week.

Write to Liz Hoffman at [e-mail]

(END) Dow Jones Newswires

April 09, 2020 13:36 ET (17:36 GMT)

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