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Morgan Stanley CFO Eyes Big Payday
David Sidwell's lucrative severance and pay arrangements, however, are just a sideshow to the gargantuan pay package earmarked for former chairman and chief executive officer Philip J. Purcell.
Morgan Stanley announced that if chief financial officer David H. Sidwell remains with the company through October 15, he will receive $10.5 million as his annual base salary, annual bonus, and long- term incentive compensation.