Morgan Stanley’s Chief Operating Officer Jon Pruzan, who has been a longtime lieutenant to James Gorman and once considered a potential candidate to succeed him as chief executive officer is exiting the firm, according to Bloomberg.
Pruzan is leaving at the end of the month which brings his 28-year tenure at the company, including a six-year sting at the chief financial officer, to a close as he plans to pursue other opportunities, according to Gorman.
“He has been a trusted adviser to me for many years,” Gorman said in a message to staff Monday (via the report). Pruzan “has had a seat at the table and a voice in the decision-making process for many of the key decisions that the firm has made over the past decade.”