Frank Barron Joins Morgan Stanley As Chief Legal Officer

Morgan Stanley MS announced today that Francis P. Barron, 59, a partner at Cravath, Swaine & Moore LLP, will join the Firm as Chief Legal Officer, succeeding Gary G. Lynch who will remain a Vice Chairman for Morgan Stanley based in London. Mr. Barron will report to President and CEO James P. Gorman and be based in New York. He will also join the Firm’s Operating and Management Committees. Additionally, Morgan Stanley announced that Eric F. Grossman, 43, who is General Counsel of the Americas, Global Head of Litigation and General Counsel of Morgan Stanley Smith Barney, has been appointed to Morgan Stanley’s Management Committee.