Morgan Stanley CEO Pick Earns $45M; Warns of Gas Supply Risks
Ted Pick, Morgan Stanley’s CEO since January 2024, saw his total compensation climb 32% to $45 million in 2025, ranking him second among big-bank chiefs. Morgan Stanley analysts forecast U.S. natural gas supply will outpace demand after prices fell roughly 29% in February, flagging Haynesville drilling gains as a fresh risk.
1. CEO Compensation Surge
In 2025, Morgan Stanley CEO Ted Pick’s total compensation rose 32% year-over-year to $45 million, making him the second-highest paid among major bank chiefs. The increase was driven largely by stock-linked incentives tied to robust revenue growth in trading and wealth management.
2. Natural Gas Price Outlook
Morgan Stanley analysts report U.S. natural gas prices dropped approximately 29% in February due to milder weather and swift post-storm supply recovery. They caution that the Haynesville Basin rig count has risen by 10 rigs to 52, potentially boosting Lower 48 dry gas production to about 107.9 bcf/d and exerting downward pressure despite projected 3.8 bcf/d LNG growth in 2026.