Morgan Stanley’s Gorman: I recovered from COVID-19
The CEO tells employees in a video that he isolated himself at home
James Gorman, Morgan Stanley’s chief executive, told employees in a video Thursday that he has fully recovered from COVID-19 after experiencing symptoms nearly a month ago and self-quarantining at home.
Gorman, 61, said he continued taking regular calls with Morgan Stanley’s operating committee and board of directors, and didn’t experience severe symptoms, according to a Reuters story.
The video was the first time Morgan Stanley had shared with anyone beyond the boardroom and executive suite that its CEO had tested positive for the respiratory disease, Reuters said. It became public knowledge once news outlets learned of the message.
The Securities and Exchange Commission requires public companies to disclose material facts to the public, but there is widespread debate about when corporations must disclose information about the health of an executive, corporate governance lawyers told Reuters.
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