Morgan Stanley reshuffles senior management from E Trade

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Morgan Stanley reshuffles senior management from E Trade

NEW YORK - Morgan Stanley appointed several executives from E Trade on Wednesday in a leadership shuffle that brings in leaders from the online broker into the top ranks of the firm's wealth management division, according to a memo seen by Reuters.

The move make a more unified leadership team wrote Andy Saperstein, head of the wealth business, in the memo. Last year Morgan Stanley sold E Trade for $13bn.

Chad Turner, former E Trade chief financial officer of assets management, will lead digital direct business within wealth management and Mike Curcio, previously E Trade's head of self-directed brokerage, will serve as the Head of Strategic Transformation.

Andrea Zaretsky, previously Chief Marketing Officer of E Trade, will be the chief marketing officer for wealth management throughout the world. Saperstein, Turner and Curcio will each report to Zaretsky who is also the Co-President of the Bank.

Chris Larkin, head of brokerage services at E Trade, will lead digital marketing to clients and Mike Murphy, CEO of E trade, will oversee trading across the division. Shane Mulron will lead business control and support through the ages,. He has previously led institutional product and risk management for E Trade.

Brett Goodman, who led Strategy, Communications and Investor Relations at E Trade, will report to Curcio on the Strategic Transformation Team.

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